Bally's Corporation (BALY)

NYSE: BALY · IEX Real-Time Price · USD
16.98
+0.07 (0.41%)
At close: Jul 26, 2024, 4:00 PM
16.90
-0.08 (-0.47%)
After-hours: Jul 26, 2024, 7:34 PM EDT
0.41%
Market Cap 687.43M
Revenue (ttm) 2.47B
Net Income (ttm) -539.75M
Shares Out 40.48M
EPS (ttm) -10.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,623,721
Open 16.93
Previous Close 16.91
Day's Range 16.85 - 17.05
52-Week Range 7.28 - 17.05
Beta 2.11
Analysts Hold
Price Target 14.30 (-15.78%)
Earnings Date Jul 31, 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. The company also owns online gaming operations; a sports betting platform; and an iCasino platform. Its 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 Worldwide Holdings, Inc. and changed its name to Bally’s Corpora... [Read more]

Founded 2004
Employees 10,500
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 6 analysts, the average rating for BALY stock is "Hold." The 12-month stock price forecast is $14.3, which is a decrease of -15.78% from the latest price.

Price Target
$14.3
(-15.78% downside)
Analyst Consensus: Hold
Stock Forecasts

News

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Bally's Corp. - BALY

NEW YORK , July 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securiti...

5 hours ago - PRNewsWire

BALLY'S INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bally's Corporation - BALY

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Bally's Corporat...

6 hours ago - Business Wire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Proposed Bally's Corp. (NYSE: BALY) Shareholder Buyout and Encourages Investors to Contact the Firm

PHILADELPHIA, July 26, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it has launched an investigation into the recently announced proposed buyout of Bally's Corporation (“Bally's”) (NYSE: BA...

6 hours ago - GlobeNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Bally's Corporation

NEW YORK , July 25, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Bally's Corporation (NYSE: BALY) and its board of directors concerning the proposed acq...

1 day ago - PRNewsWire

BALY Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Bally's Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Bally's Corporation (NYSE: BALY) to Standard General L.P. for $18.25 per share is fair to...

1 day ago - Business Wire

Shareholder Alert: Ademi LLP investigates whether Bally's Corporation has obtained a Fair Price for its Public Shareholders

MILWAUKEE , July 25, 2024 /PRNewswire/ -- Ademi LLP is investigating Bally's (NYSE: BALY) for possible breaches of fiduciary duty and other violations of law in its transaction with Standard General. ...

1 day ago - PRNewsWire

Bally's Buyout Alert: Is $10 Fair? Shareholders Seeking More Money Should Contact Julie & Holleman Regarding Sale to Major Shareholder Standard General L.P.

NEW YORK , July 25, 2024 /PRNewswire/ --Nationally recognized shareholder rights firm Julie & Holleman LLP is investigating the proposed $18.25 per share buyout of Bally's Corporation (NYSE: BALY) by ...

1 day ago - PRNewsWire

Bally's Enters Into Merger Agreement With Affiliates of Standard General L.P.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (“Bally's” or the “Company”) (NYSE: BALY) announced today that it has entered into a definitive merger agreement (the “Merger”) pursuant to which...

1 day ago - Business Wire

Bally's to Report Second Quarter 2024 Results on July 31, 2024

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) announced today that it will release financial results for the second quarter 2024 after market close on Wednesday, July 31, 2024. M...

7 days ago - Business Wire

Bally's Announces Refreshed Site Plan that Restores 500-room Hotel Tower Plan into Single-Phase Project

CHICAGO--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY or “Bally's”) today announced a refreshed Bally's Chicago Casino permanent site plan that prominently features a planned 500-room, 34-story ho...

14 days ago - Business Wire

Bally's Secures Funding Commitment that Aggregates $2.07 Billion from Gaming and Leisure Properties

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) ("Bally's”) today announced it has entered into a binding term sheet for a strategic construction and financing arrangement with Gam...

Other symbols: GLPI
14 days ago - Business Wire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Bally's Corp. (NYSE: BALY) and Encourages Investors to Contact the Firm

PHILADELPHIA, July 08, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Bally's Corp. (NYSE: BALY) on behalf of the company's shareholders.

18 days ago - GlobeNewsWire

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
2 months 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
2 months 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...

3 months 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...

3 months 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...

3 months 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.

4 months 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...

4 months 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 ...

4 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...

4 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...

5 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...

6 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.

9 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 ...

9 months ago - PRNewsWire