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: BALY) shareholders. On July 25, 2024, Bally’s announced that it had agreed to be acquired by its largest shareholder, Standard General L.P., at a price of $18.25 per share. Following the closing of the proposed transaction, Bally’s shareholders will be cashed out of their investment position and the company’s sha ...

Bally's Corporation (BALY) shares soared 25.1% in the last trading session to close at $16.91. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.7% gain over the past four weeks.Bally’s Corporation shares surged on the news of its merger agreement with Standard General L.P., valued at approximately $4.6 billion. The agreement involves combining Bally’s with The Queen Casino & Entertainment Inc., a regional casino operator. The c ...

WYOMISSING, Pa., July 25, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI" or the "Company") today announced financial results for the quarter ended June 30, 2024. Financial Highlights   Three Months Ended June 30,(in millions, except per share data) 2024 2023Total Revenue $380.6 $356.6Income from Operations $293.4 $238.3Net Income $214.4 $160.1FFO(1) (4) $279.2 $225.4AFFO(2) (4) $264.4 $250.4Adjusted EBITDA(3) (4) $340.4 $325.5Net income, per diluted common share and OP un ...

The market expects Bally's Corporation (BALY) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 31, 2024, might help the stock move higher if these key numbers ...

Multi-Faceted Transaction Further Expands and Diversifies GLPI's Industry-Leading Regional Property Portfolio; Provides Bally's with Financing for its Highly-Anticipated Flagship Chicago Casino Facility WYOMISSING, Pa., July 12, 2024 (GLOBE NEWSWIRE) --  Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI" or "the Company"), announced today that it has entered into a binding term sheet with Bally's Corporation (NYSE:BALY) ("Bally's") pursuant to which the Company intends to acquire the real property as ...

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. Since May 2022, shares of Bally’s common stock have declined in value from a trading price of over $28.00 per share to a current trading price of less than $13.00 per share, a decline of over 53% in value. The investigation seeks to determine whether Bally’s and/or the company’s officers and directors violated the securities laws or breached t ...

A new strategy has emerged in the battle to ban smoking in casinos: the shareholder vote.Shareholders at Boyd Gaming, Bally's Entertainment and Caesars Entertainment will put on the ballot at the respective casino companies proposals to force the firms to study the costs associated with permitting smoking indoors — and whether going smoke-free could save money.The proposals are sponsored sponsored by Trinity Health, a nonprofit health care network, and the Americans for Nonsmokers' Rights Foundation. Trinit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-38850 Bally's Corporation (Exact name of registrant as specified in its charter) Delaware 20-0904604 (State or other jurisdiction of incorporation or organizatio ...

财务数据和关键指标变化 - 第一季度收入同比增长3%,达到6.18亿美元 [6] - 赌场和度假村分部收入同比增长4.1% [14] - 国际互动分部收入同比下降4%,主要由于公司在英国以外的业务 [26] - 北美互动分部收入同比增长70% [28] 各条业务线数据和关键指标变化 - 赌场和度假村分部调整后EBITDAR同比下降15%,主要受到1月份恶劣天气和罗德岛州桥梁施工的影响 [24] - 国际互动分部调整后EBITDAR同比增长4%,主要得益于英国业务的强劲表现 [27] - 北美互动分部产生了1020万美元的调整后EBITDAR亏损 [28] 各个市场数据和关键指标变化 - 英国业务收入同比增长12%(美元口径),7%(固定汇率口径),表现出色 [27] - 西班牙广告限制放宽,预计将带来显著提升 [10] - 亚洲市场有所波动,但开始趋于稳定 [10] - 巴西市场公司保持高度关注,未来将提供更多更新 [11] 公司战略和发展方向及行业竞争 - 公司的发展策略旨在优化核心业务产生的现金流,同时保持灵活性以应对市场变化 [7] - 公司在英国市场采取了积极的战略规划,提高了收入和利润 [10] - 公司在北美互动业务采取了更加谨慎的投资策略,将体育投注作为获取客户的渠道 [12][54][55] - 公司认为英国监管环境的变化将有利于大型优质运营商 [39][40] 管理层对经营环境和未来前景的评论 - 公司核心业务表现稳健,发展管线为公司未来发展奠定了基础 [7] - 公司对英国市场前景充满信心,认为仍有很大的上升空间 [37][38][39] - 公司对北美互动业务的亏损预期在2024年内将逐步收窄 [28][54] - 公司对罗德岛州的互联网博彩业务前景充满信心 [47] 问答环节重要的提问和回答 问题1 **Barry Jonas 提问** 询问公司在英国市场的增长和市场份额是否可持续 [35] **Robeson Reeves 回答** 公司在英国市场表现出色,客户参与度和活跃度创新高,品牌推广效果良好,未来有望继续保持增长势头 [37][38][39][40] 问题2 **David Katz 提问** 询问公司对北美互动业务的长期发展愿景 [52] **Marcus Glover 和 Robeson Reeves 回答** 公司将把重点放在互联网博彩业务的发展上,体育投注业务将作为获取客户的渠道 [53][54][55][56][57] 问题3 **Jeff Stantial 提问** 询问赌场和度假村分部的利润率变化情况 [64] **George Papanier 和 Marcus Glover 回答** 除去芝加哥临时设施和热带岛屿的影响,该分部的利润率基本保持稳定,1月份恶劣天气和一些市场持牌因素对利润率产生了一定影响 [65][66][67]

For the quarter ended March 2024, Bally's Corporation (BALY) reported revenue of $618.48 million, up 3.3% over the same period last year. EPS came in at -$3.26, compared to -$0.74 in the year-ago quarter.The reported revenue represents a surprise of -0.69% over the Zacks Consensus Estimate of $622.76 million. With the consensus EPS estimate being -$1.13, the EPS surprise was -188.50%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...