Bally's Corporation (BALY)

NYSE: BALY · IEX Real-Time Price · USD
13.02
+0.23 (1.80%)
May 15, 2024, 4:00 PM EDT - Market closed
1.80%
Market Cap 527.11M
Revenue (ttm) 2.47B
Net Income (ttm) -539.75M
Shares Out 40.48M
EPS (ttm) -10.42
PE Ratio n/a
Forward PE 45.87
Dividend n/a
Ex-Dividend Date n/a
Volume 232,074
Open 12.97
Previous Close 12.79
Day's Range 12.77 - 13.08
52-Week Range 7.28 - 16.96
Beta 2.06
Analysts Hold
Price Target 15.71 (+20.66%)
Earnings Date May 1, 2024

About BALY

Bally's Corporation operates as a casino-entertainment company. It owns and manages casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. It also owns Bally's Interactive International, an online gaming operator; Bally Bet, a sports betting platform; and Bally Casino, an iCasino platform. The company's casino operations include slot machines, table games, and hotel rooms. It also has rights to developable land in Las Vegas. The company was formerly known as Twin River Wo... [Read more]

Founded 2004
Employees 9,900
Stock Exchange NYSE
Ticker Symbol BALY
Full Company Profile

Financial Performance

In 2023, Bally's's revenue was $2.45 billion, an increase of 8.57% compared to the previous year's $2.26 billion. Losses were -$187.50 million, -55.94% less than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for BALY stock is "Hold." The 12-month stock price forecast is $15.71, which is an increase of 20.66% from the latest price.

Price Target
$15.71
(20.66% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Shareholders push casinos to reassess indoor smoking

Advocates for smoking bans point to research by C3 Gaming that concluded smoke-free casinos generate more revenue and outperform competitors that allow smoking.

Other symbols: BYDCZRMGM
6 days ago - CNBC

Push to ban smoking in casinos: Here's what's at stake

CNBC's Contessa Brewer joins 'Squawk Box' with the latest news.

Other symbols: BYDCZR
6 days ago - CNBC Television

Bally's Corporation Announces First Quarter 2024 Results

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Company-wide re...

14 days ago - Business Wire

Bally's to Report First Quarter 2024 Results on May 1, 2024

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) announced today that it will release financial results for the first quarter 2024 after market close on Wednesday, May 1, 2024. Mana...

27 days ago - Business Wire

Bally's Atlantic City Celebrates 45th Anniversary

Atlantic City, NJ, April 17, 2024 (GLOBE NEWSWIRE) -- Bally's Atlantic City is thrilled to commemorate its 45th Anniversary by introducing a range of new amenities and special offerings designed to en...

4 weeks ago - GlobeNewsWire

Bally's shareholders wage battle over ownership, 'unfunded development projects'

Key investors are fighting back against Bally's Chairman Soo Kim, and his offer to buy the casino company and take it private.

6 weeks ago - CNBC

Special Committee of Bally's Retains Financial and Legal Advisors in Connection With Standard General's Proposal

PROVIDENCE, R.I.--(BUSINESS WIRE)--The special committee of independent and disinterested directors (the “Special Committee”) of Bally's Corporation (“Bally's” or the “Company”) (NYSE: BALY) formed to...

6 weeks ago - Business Wire

Bally's Forms Special Committee to Evaluate Preliminary, Non-Binding Acquisition Proposal by Standard General

PROVIDENCE, R.I.--(BUSINESS WIRE)--The Board of Directors of Bally's Corporation (NYSE: BALY) today announced that it has formed a special committee of independent and disinterested directors that is ...

2 months ago - Business Wire

Bally's Stock Soars Nearly 30% on New Takeover Bid from Hedge Fund

Bally's Corp. (BALY) shares skyrocketed almost 30% after hedge fund Standard General offered to buy the rest of the shares of the casino operator it doesn't own for $15 a share. That would be a 41% pr...

2 months ago - Investopedia

Bally's Corporation Announces Fourth Quarter and Full Year 2023 Results

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) today reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Results and Opera...

3 months ago - Business Wire

Bally's to Report Fourth Quarter 2023 Results on February 21, 2024

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) announced today that it will release financial results for the fourth quarter 2023 after market close on Wednesday, February 21, 202...

3 months ago - Business Wire

BALLY'S CORPORATION ANNOUNCES THIRD QUARTER 2023 RESULTS

PROVIDENCE, R.I. , Nov. 1, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today reported financial results for the third quarter ended September 30, 2023.

7 months ago - PRNewsWire

Bally's Changes Timing To Report Third Quarter 2023 Results To Before Market Opens on November 1, 2023

PROVIDENCE, R.I., Oct. 26, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that it will move up the release of its financial results for the third quarter 2023 to occur prior to ...

7 months ago - PRNewsWire

Bally's To Report Third Quarter 2023 Results On November 1, 2023

PROVIDENCE, R.I. , Oct. 18, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) will release financial results for the third quarter 2023 after market close on Wednesday, November 1, 2023.

7 months ago - PRNewsWire

Bally's Names Don Westcott as SVP, Global Chief Compliance Officer, and Tammi Barlow as Inaugural VP of Global Responsibility and Social Impact

Appointments support Bally's ongoing commitment to compliance and global responsibility PROVIDENCE, R.I. , Sept. 21, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced the appointme...

8 months ago - PRNewsWire

Bally's Kansas City Announces Property Expansion Opening

PROVIDENCE, R.I. , Sept. 15, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that Bally's Kansas City will officially open its land-based property expansion featuring over 35,000...

8 months ago - PRNewsWire

BALLY'S ANNOUNCES $5 MILLION DONATION TO COMMUNITY COLLEGE OF RHODE ISLAND FOUNDATION AS PART OF LONG-TERM PARTNERSHIP

Investment will advance higher education and provide significant economic opportunities for Rhode Island's workforce Partnership will develop unique gaming, hospitality, and security-focused academic ...

8 months ago - PRNewsWire

Bally's Corporation Announces Second Quarter 2023 Results

PROVIDENCE, R.I. , Aug. 3, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today reported financial results for the second quarter ended June 30, 2023.

10 months ago - PRNewsWire

Bally's To Report Second Quarter 2023 Results On August 3, 2023

PROVIDENCE, R.I. , July 20, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) will release financial results for the second quarter 2023 prior to the market opening on Thursday, August 3, 2023.

10 months ago - PRNewsWire

Bally's Enters Into Multi-Year Live Dealer Agreement With Stakelogic

Partnership Will Support Launch of Bally's iGaming Operations in Rhode Island PROVIDENCE, R.I. , July 12, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that it has entered into...

11 months ago - PRNewsWire

Brookfield, “ESG Investing” Leader, Made Billions of New Investments in Fossil Fuel Infrastructure, Report Finds

WASHINGTON--(BUSINESS WIRE)---- $BALY--A report by UNITE HERE finds that Brookfield, one of the world's largest alternative asset managers and a leader in ESG investing, has made billions of dollars o...

11 months ago - Business Wire

City Approves Design Of Bally's Chicago Casino

Site Renderings and Development Team Released PROVIDENCE, R.I. , May 11, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that the proposed site plan for Bally's Chicago Casino wa...

1 year ago - PRNewsWire

Bally's Corporation Announces First Quarter 2023 Results

PROVIDENCE, R.I. , May 9, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today reported financial results for the first quarter ended March 31, 2023.

1 year ago - PRNewsWire

Bally's Names Marcus Glover Executive Vice President And Chief Financial Officer And Appoints Jaymin B. Patel As Vice Chairman

Appointments support Bally's ongoing global growth and diversification strategy PROVIDENCE, R.I. , May 9, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that Marcus Glover has b...

1 year ago - PRNewsWire

Bally's Announces Confidential Submission Of Draft Registration Statement For Proposed Initial Public Offering Of Ownership Interests Of Bally's Chicago To Chicago Residents

PROVIDENCE, R.I. , May 8, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and ...

1 year ago - PRNewsWire