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for $ 20 million. At the time, Twin River said that it would rebrand "virtually all" of its properties under the Bally's name. In
November 2020, the company changed its name to Bally's Corporation and its stock ticker symbol to BALY. Days later, the company closed on purchasing
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In
January 2022, Standard General moved to take full ownership of Bally's, offering to buy all outstanding shares in a transaction valuing the company at $ 2.07 billion. The board of directors rejected the offer in May.
583:
In 2021, Bally's made several acquisitions to expand its online gaming and sports betting business. In
February, it acquired SportCaller, a provider of free-to-play online games. The next month, the company acquired
2057:
397:
took an ownership stake in Twin River, and its principal partner, Soo Kim, took a seat on the board. Kim went on to become Twin River's chairman in 2019, and began leading the company through a rapid expansion.
2001:
576:
that would allow
Sinclair to acquire up to a 14.9% stake in Bally's, and increase its stake to up to 24.9% if performance criteria are met. The nineteen regional sports networks were rebranded as
1923:
318:
parlor in Rhode Island. BLB reached a deal in
February 2005, agreeing to pay $ 435 million for Lincoln Park, plus $ 20 million for Wembley's other U.S. properties, comprising a horse track (
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for $ 250 million. The acquisition was made to diversify the company geographically, in preparation for expected competition from
Massachusetts, which had legalized casinos in 2011.
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2650:
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2143:
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in
Indiana from Caesars for $ 140 million. To fund the Tropicana purchase, the real estate of Dover Downs was sold to GLPI for $ 144 million in a leaseback transaction.
1603:
2353:
2800:
1997:
592:
operator in the U.S., for up to $ 90 million in stock. In June, Bally's acquired the sports betting platform Bet.Works for $ 125 million. In July, it acquired the
1901:
1690:
665:
1973:
2805:
2702:
748:
534:, before phase 1 of the new, permanent facility is completed by 2026. It was projected to eventually account for one third of the company's gaming revenue.
467:
1874:
837:
2810:
2220:
1653:
332:, BLB was struggling financially and began defaulting on loans related to the purchase and renovation of Twin River. In June 2009, the company filed for
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regional sports networks under the Bally brand in a 10-year deal, and integration of Bally's content into its sports properties. The agreement included
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496:(GLPI) for the three Black Hawk casinos and Jumer's, agreeing to sell them for $ 150 million and lease them back for $ 12 million per year.
604:
2050:"It's official: Bally's casino in River West is Mayor Lori Lightfoot's pick for Chicago's gambling complex — but it's not a done deal yet"
1359:
363:
In
Colorado, the company's three dog racing tracks closed as interest in the sport declined, and all three had been sold off by 2011.
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628:
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340:
to hand over ownership to its creditors. The company emerged from bankruptcy in 2010, now owned by a syndicate of lenders led by
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By acquiring
Gamesys Group, Bally's is the online casino and bingo operator for six UK-based platforms. These are Virgin Games,
816:
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775:
477:. The next month, the company announced another proposed casino development, Bally's Richmond, which would be built in
372:
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In
January 2021, Bally's partnered with developer Ira Lubert in a plan to build a $ 120-million casino in the area of
451:
390:. The Newport Grand closed in 2018, and its replacement, the $ 140-million Tiverton Casino Hotel, opened days later.
306:. Wembley was a British operator of racetracks in the United Kingdom and the United States, whose primary asset was
432:
333:
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casino in Nevada from Caesars for $ 15 million, and later renamed it Bally’s Lake Tahoe. Bally's also entered a
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757:
406:
1974:"Chicago rolls the dice on Bally's. Hedge fund owner Soo Kim says the rebranded casino company will deliver"
500:
30:
This article is about the current gambling operator. For the current gambling equipment manufacturer, see
2625:
474:
2333:"Bally’s Brand Heading to Sinclair Sports Networks, Gaming Company Buying Bet.Works for $ 125 Million,"
436:
660:
632:
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1245:
1220:
386:, for $ 22 million, and announced plans to relocate its operations to a new facility to be built in
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133:
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The company operates thirteen casino properties, a standalone horse track, and a golf course:
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624:
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BLB undertook a $ 220-million expansion of Lincoln Park and, in 2007, renamed it Twin River.
299:
283:
2626:"MLB reportedly strikes deal to stream Minor League Baseball games on Bally Live casino app"
1435:"Fixing a problematic North Las Vegas casino fueled the gaming pursuits of Bally's Soo Kim"
766:
669:
589:
508:
421:
2221:"Game developer SportCaller acquired by Bally's, joins the company's interactive division"
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8:
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Bally's originated as BLB Investors. BLB was formed in 2004, as a joint venture between
674:
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549:
542:
523:
489:
478:
31:
2730:"Bally's to run Trump Links through 2035 'win or lose' casino bid, Chair Soo Kim says"
2545:
1998:"Photos: See What The Proposed Bally's Casino in Chicago's River North Will Look Like"
893:
2703:"PRO VOLLEYBALL FEDERATION ANNOUNCES BALLY LIVE AND STADIUM AS MEDIA RIGHTS PARTNERS"
2097:
1579:"Colorado's casinos, horse track arm wrestle over who will cash in on sports betting"
854:(Report). Twin River Worldwide Holdings. April 6, 2020. p. 17 – via EDGAR.
725:
678:
573:
376:
355:
307:
1322:(Report). Twin River Worldwide Holdings. April 1, 2019. p. 4 – via EDGAR.
470:
casino hotel in Louisiana from Eldorado Resorts in December 2020 for $ 140 million.
2271:"Bally's completes acquisition of daily fantasy sports operator Monkey Knife Fight"
795:
703:
684:
651:
440:
394:
349:
211:
197:
2678:"AVP responds as 2023 streaming switches, limited choices bring social-media heat"
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417:
and left Dover Downs shareholders with a 7 percent stake in the combined company.
1486:(Press release). Twin River Worldwide Holdings. March 29, 2019 – via EDGAR.
688:
607:, MONOPOLY Casino, Rainbow Riches Casino, Double Bubble Bingo, and Bally Casino.
552:
opened as the first and only licensed casino of the modern era in Chicago at the
460:
425:
341:
311:
2521:
1767:"Bally's Corporation joins the competition to build a resort casino in Richmond"
1270:"Purchase of Biloxi Hard Rock Casino 'important piece of puzzle' for Twin River"
840:(Report). Bally's Corporation. March 15, 2024. pp. 60–61 – via EDGAR.
553:
531:
519:
504:
410:
402:
252:
2320:"Bally’s Corp. Making Moves To Compete In Sports Betting Industry Nationwide,"
2769:
1924:"Gaming and Leisure completes acquisition of casinos in Indiana and Delaware"
597:
319:
78:
52:
322:) and three greyhound tracks in Colorado. The purchase closed in July 2005.
1817:"Nevada: Bally's closes on purchase of MontBleu in Lake Tahoe from Caesars"
868:(Report). Bally's Corporation. March 15, 2024. p. 9 – via EDGAR.
577:
315:
264:
2571:"Bally's New MiLB Streaming Product Could Convert Users To Sports Betting"
2473:
2425:
1902:"Bally's Corporation completes acquisition of Tropicana Evansville casino"
1460:"Twin River acquires Dover Downs for sports betting and egaming expertise"
819:(Report). Bally's Corporation. May 10, 2021. p. 37 – via EDGAR.
635:. The app also features mini-games users can play to win virtual rewards.
564:
In November 2020, Bally's entered into a long-term media partnership with
352:. In 2011, the company changed its name to Twin River Worldwide Holdings.
2449:
431:
In July 2020, Twin River bought two casinos in Missouri and Mississippi (
345:
303:
2170:"Bally's Buys Sinclair RSN Naming Rights As Part of Sports Betting Push"
302:, and the Waterford Group for the purpose of launching a bid to acquire
1357:
173:
88:
2651:"Major League Table Tennis Strikes Key Licensing Deal with Bally Live"
1949:"Casino operator Bally's shares jump on Standard General buyout offer"
1604:"Eldorado Resorts to sell 2 properties in preparation of Caesars deal"
2246:"Bally's buys fantasy sports site Monkey Knife Fight in US$ 90m deal"
619:, a streaming video app. The app features live sports streaming from
481:, at a cost of $ 650 million; the proposal was rejected by the city.
443:
for $ 230 million. They were renamed Casino KC and Casino Vicksburg.
382:
In 2015, Twin River purchased Rhode Island's only other casino, the
1691:"Caesars closes Bally's Atlantic City sale to Rhode Island company"
485:
405:
with Dover Downs Gaming & Entertainment, the parent company of
248:
103:
1629:"Hedge-fund investor Soo Kim buys Bally's casino brand for $ 20M"
1360:"Newport Grand closes its doors, making way for Tiverton casino"
556:(temporary casino; permanent facility planned to open in 2026).
537:
In September 2022, Bally's purchased the non-land assets of the
507:
for $ 120 million, and also purchased the operating business of
267:
in Colorado, and online sports betting operations in 14 states.
1484:"Twin River completes Dover Downs acquisition and NYSE listing"
1358:
Shaun Towne; Steph Machado; Shiina Losciuto (August 28, 2018).
260:
2376:"Bally's agrees to buy betting firm Gamesys for $ 2.7 billion"
1840:"Nevada's MontBleu casino changes name to Bally’s Lake Tahoe,"
681:(temporary casino; permanent facility planned to open in 2026)
2144:"Bally's gets Gaming Board approval to open temporary casino"
1553:"Black Hawk casinos bought by east coast operator Twin River"
1335:"Twin River announces plan to move Newport Grand to Tiverton"
1146:. Rhode Island Department of Business Regulation. p. 359
185:
2596:"Reindorf's Stadium to Relaunch as Live Interactive Channel"
2195:"Former Fox regional networks begin new era as Bally Sports"
1410:"Hedge-funder gambles on coronavirus to build casino empire"
1246:"Twin River agrees to buy Hard Rock Casino in Biloxi, Miss"
2080:"Bally's Corp closes deal to purchase Tropicana Las Vegas"
1499:"Twin River to merge with Delaware casino, trade publicly"
1066:"Struggling Rhode Island slot parlor faltering under debt"
2758:
2296:"Bally's acquistion [sic] of Bet.Works finalized"
1853:"Bally's to acquire Tropicana Las Vegas Hotel And Casino"
1677:"Twin River finalises Bally’s rebrand and ticker change,"
880:"Bally's Rebrands Kansas City Casino, Expansion Planned,"
600:, a British online gambling company, for $ 2.7 billion,.
530:. A temporary site is planned to open in mid-2023 at the
255:, and interactive entertainment company headquartered in
2401:"Bally's and Gamesys Agree Combination Definitive Terms"
971:"Wolman, BLB put new offer on table to buy Lincoln Park"
446:
Later that month, Twin River acquired the rights to the
420:
In January 2020, Twin River purchased three casinos in
2786:
Companies that filed for Chapter 11 bankruptcy in 2009
2118:"Bally's Corp. chosen to build Chicago's first casino"
2024:"Bally's Corp. chosen to build Chicago's first casino"
1741:"Bally's to open casino near Penn State's main campus"
946:"MGM Mirage buying track, slot firm for $ 490 million"
484:
In April 2021, Bally's acquired the operations of the
424:(the Golden Gates, Golden Gulch, and Mardi Gras) from
1715:"Shreveport's Eldorado Resort Casino gets new owners"
1221:"Twin River completes purchase of Mississippi casino"
522:
selected Bally's proposal to build the $ 1.7-billion
27:
American gambling, betting, and entertainment company
1855:(Press release). Bally's Corporation. April 13, 2021
233:
1123:"RI slot parlor emerges from bankruptcy protection"
2796:Companies based in Providence County, Rhode Island
1904:(Press release). Bally's Corporation. June 4, 2021
1688:
1524:"Twin River completes $ 51M purchase of 3 casinos"
1332:
278:. In 2020, the company acquired the rights to the
1896:
1894:
891:
559:
359:Logo of Twin River Worldwide Holdings (2011–2020)
286:and changed its own name to Bally's Corporation.
34:. For the original company based in Chicago, see
2767:
2346:"Bally's buys AVP, plans to air content on RSNs"
1651:
1496:
1385:"Tiverton casino opens with excitement, protest"
1141:"Facility Permit Ownership Transfer Application"
1025:
917:
366:
2801:Companies listed on the New York Stock Exchange
2727:
1971:
1006:
1891:
1842:Northern Nevada Business Weekly, July 8, 2021.
1063:
1044:
987:
894:"Gambling tycoon trumps MGM's bid for Wembley"
2522:"About Us | Get to Know Double Bubble Bingo!"
2167:
1601:
1382:
1243:
1218:
1163:
1101:
920:"Holyoke is back in Massachusetts casino mix"
2806:Entertainment companies of the United States
2268:
2218:
1875:"Bally's buys Jumer's Casino in Rock Island"
1872:
1814:
1789:
1432:
1009:"BLB completes its purchase of Lincoln Park"
968:
832:
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615:In March 2023, Bally's Corporation launched
568:, which would include the rebranding of its
2811:Entertainment companies established in 2004
2373:
2102:: CS1 maint: numeric names: authors list (
1967:
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1921:
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1202:"Commerce City agency buys greyhound park"
1182:
51:
2325:
2293:
2192:
2120:. Chicago Business Journal. May 5, 2022.
2026:. Chicago Business Journal. May 5, 2022.
1295:"Twin River acquires rival Newport Grand"
1082:
990:"New owners won't change local dog track"
823:
69:Twin River Worldwide Holdings (2011–2020)
2776:2004 establishments in the United States
2619:
2617:
2243:
1962:
1689:Richard N. Velotta (November 18, 2020).
1172:. Colorado Springs – via NewsBank.
996:. Colorado Springs – via NewsBank.
354:
2791:Gambling companies of the United States
2568:
2398:
2392:
629:Association of Volleyball Professionals
594:Association of Volleyball Professionals
14:
2781:American companies established in 2004
2768:
2728:Aliya Schneider (September 14, 2023).
1654:"Twin River could soon become Bally's"
1530:. AP. January 24, 2020. Archived from
1208:. August 3, 2011 – via NewsBank.
1091:. Woonsocket, RI – via NewsBank.
977:. New London, CT – via NewsBank.
918:Brian Hallenbeck (November 27, 2012).
401:In March 2019, Twin River completed a
2675:
2614:
2322:NJ Gambling Sites, November 27, 2020.
2077:
1792:"Richmond casino proposals down to 2"
1652:Patrick Anderson (October 13, 2020).
1333:Courtney Caligiuri (April 21, 2015).
2623:
2312:
1990:
1833:
892:Heather Tomlinson (March 30, 2004).
785:
409:. The transaction made Twin River a
274:. It eventually changed its name to
1383:Scott Barrett (September 1, 2018).
1276:. Mobile, AL. AP. February 17, 2014
1244:Richard Salit (December 15, 2013).
1164:Wayne Heilman (December 16, 2010).
1102:Paul Grimaldi (November 10, 2010).
1072:. Norwich, CT – via NewsBank.
988:Jim Bainbridge (February 9, 2005).
776:Hard Rock Hotel & Casino Biloxi
494:Gaming and Leisure Properties, Inc.
373:Hard Rock Hotel & Casino Biloxi
270:The company was founded in 2004 as
24:
2498:"About Us - Rainbow Riches Casino"
2168:Novy-Williams, Eben (2020-11-19).
1497:Brian Hallenbeck (July 23, 2018).
1185:"Doggone: Greyhound tracks R.I.P."
1104:"Twin River wins license transfer"
1026:M. Charles Bakst (April 1, 2007).
25:
2822:
2750:
2569:Helling, Derek (March 31, 2023).
2219:Howard Stutz (February 9, 2021).
1047:"Tribe backers' 'racino' at risk"
1028:"Slots are smoking at Twin River"
1007:Katherine Gregg (July 19, 2005).
969:Karen Florin (February 9, 2005).
627:, Major League Table Tennis, the
610:
2624:Bupp, Phillip (March 23, 2023).
2399:Moraine, Julie (13 April 2021).
2124:from the original on May 5, 2022
2030:from the original on May 5, 2022
2004:from the original on May 5, 2022
1765:Emma North (February 22, 2021).
1679:Casino Beats, November 10, 2020.
1627:Josh Kosman (October 12, 2020).
1121:Eric Tucker (November 9, 2010).
1064:Erica Jacobson (June 15, 2008).
1045:George Brennan (June 14, 2008).
944:Liz Benston (January 27, 2004).
433:Isle of Capri Casino Kansas City
334:Chapter 11 bankruptcy protection
2721:
2695:
2676:Hamel, Larry (March 27, 2023).
2669:
2643:
2588:
2562:
2538:
2514:
2490:
2466:
2442:
2418:
2367:
2356:from the original on 2021-07-14
2338:
2287:
2269:Howard Stutz (March 23, 2021).
2262:
2237:
2212:
2186:
2161:
2136:
2110:
2071:
2060:from the original on 2022-05-05
2042:
2016:
1972:Robert Channick (May 7, 2022).
1947:Will Feuer (January 25, 2022).
1940:
1915:
1866:
1845:
1808:
1790:Chris Suarez (April 21, 2021).
1783:
1758:
1739:Daniel Urie (January 4, 2021).
1732:
1707:
1682:
1670:
1645:
1620:
1602:Bailey Schulz (July 11, 2019).
1595:
1577:Ben Markus (January 31, 2019).
1570:
1545:
1516:
1490:
1476:
1451:
1426:
1401:
1376:
1351:
1326:
1312:
1287:
1262:
1237:
1219:Paul Grimaldi (July 10, 2014).
1212:
1194:
1176:
1157:
1133:
1114:
1095:
1076:
1057:
1038:
1019:
1000:
981:
371:In 2014, Twin River bought the
2374:Amy Thomson (March 24, 2021).
2335:Casino.org, November 18, 2020.
1873:Sarah Hayden (June 15, 2021).
1815:Howard Stutz (April 7, 2021).
1433:Howard Stutz (April 6, 2021).
962:
937:
911:
885:
882:Top US Casinos, April 3, 2021.
858:
844:
560:Interactive gambling expansion
407:Dover Downs Hotel & Casino
13:
1:
2244:Sam Carp (January 26, 2021).
1408:Josh Kosman (July 27, 2020).
1166:"Off-track will get on track"
852:Schedule 14A: Proxy Statement
802:
638:
499:In June 2021, Bally's bought
367:Land-based gambling expansion
276:Twin River Worldwide Holdings
18:Twin River Worldwide Holdings
2474:"About Us - MONOPOLY Casino"
2193:Joe Reedy (March 31, 2021).
2078:Staff, News 3 (2022-09-27).
2000:. NBC Chicago. May 5, 2022.
1458:Brad Allen (July 24, 2018).
526:casino resort in the city's
328:By 2008, as a result of the
179:$ −187.5 million (2023)
7:
2502:www.rainbowrichescasino.com
1922:Evan Jones (June 4, 2021).
1183:Terry Frei (May 27, 2010).
1083:Jim Baron (June 24, 2009).
817:Form 10-Q: Quarterly Report
518:In May 2022, Chicago mayor
475:State College, Pennsylvania
116:; 20 years ago
10:
2827:
2294:Rege Behe (June 1, 2021).
758:Bally's Twin River Lincoln
596:. In October, it acquired
501:Jumer's Casino & Hotel
437:Lady Luck Casino Vicksburg
289:
29:
2707:Pro Volleyball Federation
2655:Major League Table Tennis
2546:"About Us - Bally Casino"
2526:www.doublebubblebingo.com
2426:"About Us | Virgin Games"
661:Atlantic City, New Jersey
633:Pro Volleyball Federation
330:global economic recession
228:
218:
207:
203:$ 635 million (2023)
195:
191:$ 6.9 billion (2023)
183:
171:
167:$ 2.4 billion (2023)
163:
144:
128:
110:
99:
76:
66:BLB Investors (2004–2011)
59:
50:
1862:– via PR Newswire.
1695:Las Vegas Review-Journal
1608:Las Vegas Review-Journal
1320:Form 10-K: Annual Report
866:Form 10-K: Annual Report
838:Form 10-K: Annual Report
566:Sinclair Broadcast Group
257:Providence, Rhode Island
134:Providence, Rhode Island
2450:"About Us - Jackpotjoy"
2350:Sports Business Journal
1958:(subscription required)
1953:The Wall Street Journal
1796:Richmond Times-Dispatch
528:River West neighborhood
415:New York Stock Exchange
2478:www.monopolycasino.com
1559:. AP. January 29, 2019
771:Vicksburg, Mississippi
753:Tiverton, Rhode Island
702:Bally's Golf Links at
388:Tiverton, Rhode Island
360:
296:Starwood Capital Group
93:Russell Microcap Index
40:Bally (disambiguation)
38:. For other uses, see
2550:www.ballycasino.co.uk
1583:Colorado Public Radio
1190:– via NewsBank.
1129:– via NewsBank.
1110:– via NewsBank.
1085:"Twin River bankrupt"
1053:– via NewsBank.
1034:– via NewsBank.
1015:– via NewsBank.
762:Lincoln, Rhode Island
744:Shreveport, Louisiana
735:Rock Island, Illinois
717:Kansas City, Missouri
657:Bally's Atlantic City
648:Bally's Arapahoe Park
625:Minor League Baseball
466:Bally's acquired the
457:Bally's Atlantic City
452:Caesars Entertainment
358:
300:Kerzner International
284:Caesars Entertainment
263:across ten states, a
670:Black Hawk, Colorado
590:daily fantasy sports
588:, the third-largest
509:Tropicana Evansville
422:Black Hawk, Colorado
393:In 2016, hedge fund
375:in Mississippi from
156:Robeson Reeves (CEO)
2657:. November 21, 2023
2430:www.virgingames.com
1721:. December 23, 2020
1534:on January 24, 2020
1301:. AP. March 4, 2015
792:Tropicana Las Vegas
780:Biloxi, Mississippi
731:Bally's Quad Cities
713:Bally's Kansas City
708:The Bronx, New York
698:Evansville, Indiana
570:Fox Sports Networks
548:In September 2023,
545:for $ 148 million.
539:Tropicana Las Vegas
468:Eldorado Shreveport
245:Bally's Corporation
220:Number of employees
47:
46:Bally's Corporation
36:Bally Manufacturing
2709:. January 19, 2024
2602:. October 30, 2023
2454:www.jackpotjoy.com
2300:CDC Gaming Reports
2275:CDC Gaming Reports
2225:CDC Gaming Reports
1821:CDC Gaming Reports
1658:Providence Journal
1439:CDC Gaming Reports
1389:Newport Daily News
1274:The Press-Register
1250:Providence Journal
1225:Providence Journal
1108:Providence Journal
1032:Providence Journal
1013:Providence Journal
740:Bally's Shreveport
722:Bally's Lake Tahoe
694:Bally's Evansville
666:Bally's Black Hawk
586:Monkey Knife Fight
543:Penn Entertainment
490:sale-and-leaseback
479:Richmond, Virginia
463:for $ 25 million.
428:for $ 51 million.
361:
224:10,500 (2023)
153:Soo Kim (Chairman)
45:
32:Bally Technologies
2199:The Seattle Times
786:Closed properties
767:Bally's Vicksburg
726:Stateline, Nevada
679:Chicago, Illinois
503:in Illinois from
459:from Caesars and
377:Leucadia National
259:. It operates 13
242:
241:
16:(Redirected from
2818:
2762:
2761:
2759:Official website
2744:
2743:
2741:
2740:
2725:
2719:
2718:
2716:
2714:
2699:
2693:
2692:
2690:
2688:
2673:
2667:
2666:
2664:
2662:
2647:
2641:
2640:
2638:
2636:
2630:Awful Announcing
2621:
2612:
2611:
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2559:
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2518:
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338:prepackaged plan
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675:Bally's Chicago
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524:Bally's Chicago
461:Vici Properties
426:Affinity Gaming
369:
342:Bank of America
312:greyhound track
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247:is an American
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541:from GLPI and
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520:Lori Lightfoot
505:Delaware North
413:traded on the
411:public company
403:reverse merger
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2152:. Retrieved
2150:. 2023-09-09
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1532:the original
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1070:The Bulletin
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898:The Guardian
897:
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578:Bally Sports
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308:Lincoln Park
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