Bally's Corporation (BALY)

NYSE: BALY · IEX Real-Time Price · USD
13.94
+0.23 (1.68%)
At close: Mar 28, 2024, 4:00 PM
13.97
+0.03 (0.22%)
After-hours: Mar 28, 2024, 7:55 PM EDT
1.68%
Market Cap 556.04M
Revenue (ttm) 2.45B
Net Income (ttm) -187.50M
Shares Out 40.09M
EPS (ttm) -3.51
PE Ratio n/a
Forward PE 45.87
Dividend n/a
Ex-Dividend Date n/a
Volume 415,602
Open 13.79
Previous Close 13.71
Day's Range 13.66 - 14.19
52-Week Range 7.28 - 19.79
Beta 2.06
Analysts Hold
Price Target 14.86 (+6.6%)
Earnings Date May 7, 2024

About BALY

Bally's Corporation is a global casino-entertainment company with a growing omni-channel presence of Online Sports Betting and iGaming offerings. It currently owns and manages 16 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, formerly Gamesys Group, a leading, global, online gaming operator, Bally Bet, a first-in-class sports betting platform, and Bally Casino, a growing iCasino platform. With 10,500 employees, the C... [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 7 analysts, the average rating for BALY stock is "Hold." The 12-month stock price forecast is $14.86, which is an increase of 6.60% from the latest price.

Price Target
$14.86
(6.60% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

12 hours 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 ...

16 days 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...

17 days 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 weeks 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 weeks 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.

5 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 ...

5 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.

5 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...

6 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...

6 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 ...

7 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.

8 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.

9 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...

9 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...

9 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...

11 months 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.

11 months 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...

11 months 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 ...

11 months ago - PRNewsWire

Bally's Enters Into Exclusive, Multi-Year B2B Sports Betting Agreements With Kambi Group Plc And White Hat Gaming

Preeminent Gaming Technology, Services, and Solutions to Power "Bally Bet" PROVIDENCE, R.I. , May 2, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that, after conducting a thor...

11 months ago - PRNewsWire

Bally's UK Operations Welcome Publication Of Gambling Act Review White Paper

PROVIDENCE, R.I. , April 27, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) announced today that its UK operations welcome the UK Government's publication of The Gambling Act Review White Paper...

1 year ago - PRNewsWire

Bally's To Report First Quarter 2023 Results On May 9, 2023

PROVIDENCE, R.I. , April 25, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) will release financial results for the first quarter 2023 prior to the market opening on Tuesday, May 9, 2023.

1 year ago - PRNewsWire

Bally's Twin River Lincoln Opens New Casino Gaming Area

PROVIDENCE, R.I. , April 25, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that the Bally's Twin River Lincoln Casino Resort officially opened 40,000 square feet of new gaming ...

1 year ago - PRNewsWire

Bally's Corporation Enters Into Partnership With Minor League Baseball As First-Ever National Media Rightsholder and Exclusive Fantasy and Gaming Partner

Bally's Corporation will enhance the MiLB fan experience and engagement through innovative live-game production and distribution, and developing unique, immersive, interactive digital content and gami...

1 year ago - PRNewsWire

Bally's Corporation Announces Fourth Quarter And Full Year 2022 Results

PROVIDENCE, R.I. , Feb. 23, 2023 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today reported financial results for the fourth quarter and full year ended December 31, 2022.

1 year ago - PRNewsWire