Bally's Corporation is entering into a "transformational" deal with the Oakland A's baseball team that will see the casino operator building the baseball team a new stadium on the current site of the Tropicana. It's an absolutely massive deal that will bring huge crowds of baseball fans to Las Vegas' fabled Center Strip. Under the…
Bally's is pulling the plug on Monkey Knife Fight, a daily fantasy sports (DFS) site the company acquired during a buying spree aimed at beefing up its sports products. Monkey Knife Fight's untimely demise comes just two years after Bally's acquired the up-and-coming DFS operator for $90 million. When Bally's first purchase Monkey Knife Fight,…
Bally's Corporation is looking to build a blockbuster casino in New York City and has its eyes on the Trump Golf Links at Ferry Point in the Bronx as part of the package. If successful in its bid to grab one of three highly coveted New York casino licenses, Bally's would lease the land from…
The balance of power on the Las Vegas Strip just shifted slightly as the Bally's Corporation completed its previously announced purchase of the Tropicana Las Vegas with Gaming & Leisure Properties, Inc. from Gaming and Leisure Properties Inc and PENN Entertainment. It's a deal that will preserve Bally's footprint on one the most significant gambling…
Standard General, a New York hedge fund, is offering $2 billion to purchase Bally's Corp. The investment outfit already owns 21 percent of the company's stock and is offering a hefty premium on the remaining shares. Shares of Bally's Corp soared on Tuesday as word of Standard General's offer made its way through the investment…
