BALY Receives Shareholders' Nod for the Queen Casino Buyout

Bally's Corporation (BALY) recently announced the securement of its shareholder's approval for its merger with The Queen Casino & Entertainment Inc. (QC&E), a regional gaming operator majority-owned by Standard General L.P.The merger enhances Bally’s Casino & Resorts segment while adding diversity and scale to its portfolio. Bally’s CEO Robeson Reeves highlighted the synergies, noting that the deal positions the company for enhanced revenues, EBITDAR growth and long-term value creation.The merger includes t ...