Bally's Corporation (NASDAQ: BALY) is a diversified American company that primarily focuses on the leisure industry, with interests spanning across casino & gaming, multimedia, television networks, and more. Founded in 2004 and headquartered in Providence, Rhode Island, Bally's Corp was previously known as Twin River Worldwide Holdings before a structural acquisition led to its rebranding in November 2020.
Today, Bally's Corp operates 14 casinos in 10 states, which includes several renowned entertainment hotspots such as the Golden Gates Casino in Black Hawk, Colorado, Hard Rock Hotel & Casino in Biloxi, Mississippi, Tiverton Casino Hotel in Rhode Island, among others. They provide a diverse range of gaming, including slot machines, table games, sports betting, and, in certain markets, iGaming. They also operate various restaurants and entertainment venues within their facilities.
In 2020, Bally’s Corporation gained particular prominence by acquiring the rights to the branding of Sinclair Broadcast Group’s 21 regional sports networks. This groundbreaking deal opened new avenues for the company in the field of sports betting. Bally's also completed a media partnership with the National Hockey League (NHL), thus gaining further recognition in the sports betting industry.
Apart from this, Bally's Corp has also expanded into the fast-growing online betting and iGaming market through multiple partnerships and acquisitions, including Bet.Works—an advanced sports betting platform. Moreover, to capitalize on the rising advent of online entertainment and virtual reality, Bally’s has acquired Monkey Knife Fight, the award-winning Daily Fantasy Sports (DFS) operator, and SportCaller, a leading global B2B free-to-play (F2P) game provider.
In a relatively short time, Bally's Corporation has established itself as a key player within the leisure and entertainment industry, particularly in the realm of gaming and betting. It has shown a commitment to growth and expansion, proven by its numerous acquisitions and partnerships. Through its ventures in various segments, Bally's displays a unique ability to tap into trending market opportunities, ensuring it remains one of the premier leisure companies in the U.S.
The company is spearheaded by Chairman Soo Kim and President & CEO George Papanier. Publicly traded on NASDAQ under the ticker symbol BALY, the organization has built a reputation for strategic growth and customer-oriented service delivery as it continues to evolve and expand its portfolio. As a company on the rise, Bally's Corp is indeed one to watch in the near future.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
This article reviews the Q1 earnings for consumer discretionary casino operator stocks, focusing on Bally's (NYSE:BALY) and its peers. While Bally's showed revenue growth, it significantly missed EPS estimates, leading to weak stock performance. Wynn Resorts had the strongest Q1 performance, beating both revenue and EPS estimates.
Bally's Corporation has secured up to $560 million in new financing, led by WhiteHawk Capital Partners, to support pre-construction work for its planned Bronx casino and resort development. This financing includes $400 million in closing-date term loan commitments and $160 million in delayed-draw commitments, aimed at funding project costs and providing general corporate liquidity. The deal allows Bally's to proceed with pre-construction planning while it prepares to raise the remaining capital required for the project.
Bally's has secured a $560 million debt package from WhiteHawk Capital Partners to fund its casino development in the Bronx. This financing will cover pre-construction and other expenses for the 3 million-square-foot facility, which will include a 500-room hotel and an event center. The Bronx casino is one of three gambling projects approved by New York State, with the others located in Queens.
Bally's Corporation has successfully secured $560 million in financing. This capital will be allocated towards the development of its new casino project in the Bronx, as well as for other undisclosed corporate purposes. The article notes this announcement was made on September 14, 2026.
Chicago aldermen questioned Bally's executives regarding the pause in construction of non-gaming amenities for their $1.7 billion River West casino. Bally's stated that the city's legalization of video gambling terminals (VGTs) forced a reset of financial assumptions, potentially impacting revenue by 30-50%, while aldermen suspect the company is using this dispute to hide financial difficulties. Despite the pause on some amenities, Bally's affirmed the core casino is still on track to open in early 2027 and that their actions align with the host community agreement for phased development.