Category - 2022

BALLY’S OFFERS BIG MONEY REWARD FOR PERFECT NCAA TOURNAMENT BRACKET

March 07, 2022
PROVIDENCE, R.I. (March 7, 2022) – Bally’s Interactive, the digital gaming unit of Bally’s Corporation (NYSE: BALY), announced today the launch of Bally Bracket – a free-to-play game that awards a jackpot prize of $100 million to whomever correctly picks all 63 games of the NCAA Men’s Division I Basketball Tournament.
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BALLY'S CORPORATION ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 RESULTS

February 24, 2022
PROVIDENCE, R.I., Feb. 24, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today reported financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Financial Highlights: Revenue of $547.7 million, an increase of $429.6 million. Net loss of $115.3 million compared to net income of $20.2 million for the comparable period. Adjusted EBITDA of $119.4 million, an increase of $98.4 million year over year. Lee Fenton, Chief Executive Officer said...
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SPECIAL COMMITTEE OF BALLY'S RETAINS FINANCIAL AND LEGAL ADVISORS IN CONNECTION WITH STANDARD GENERAL'S PROPOSAL

February 22, 2022
PROVIDENCE, R.I., Feb. 22, 2022 /PRNewswire/ -- The special committee of independent and disinterested directors (the "Special Committee") of Bally's Corporation ("Bally's" or the "Company") (NYSE: BALY) formed to evaluate the preliminary, non-binding acquisition proposal from Standard General, dated January 25, 2022 (the "Proposal"), among other things, today announced that it has retained Macquarie Capital (USA) Inc. as its financial advisor and Potter Anderson & Corroon LLP as its legal...
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BALLY'S PROVIDES UPDATE ON LONG-TERM ESG STRATEGY

February 22, 2022
PROVIDENCE, R.I., Feb. 22, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced a number of notable accomplishments regarding the Company's long-term environmental, social and governance (ESG) strategy. Among them is the establishment by the Board of Directors of an official committee that will oversee further development of Bally's ESG initiatives (the "ESG Committee")...
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BALLY'S FORMS SPECIAL COMMITTEE TO EVALUATE PRELIMINARY, NON-BINDING ACQUISITION PROPOSAL BY STANDARD GENERAL

February 03, 2022
PROVIDENCE, R.I., Feb. 3, 2022 /PRNewswire/ -- 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 authorized, among other things, to evaluate the preliminary, non-binding proposal, dated January 25, 2022, by Standard General to acquire all of the outstanding shares of Bally's that it does not already own...
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