Credit rating services Moody's, S&P Global downgrade Bally's Corp. status | Casinos & Gaming
Here’s what that could mean for Bally’s plans in Las Vegas and other cities.
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Here’s what that could mean for Bally’s plans in Las Vegas and other cities.
Downgrades for Bally’s Corp. from Moody’s and S&P Global could affect several projects in the works, including a planned ballpark for the Oakland Athletics.
Analyst says Bally’s, which is building a casino in Chicago and bidding for a license in New York in addition to managing the Tropicana, may have too much on its plate.
Standard General has offered to buy Bally’s in a deal that values the casino operator around $684 million, less than half of the hedge fund’s prior bid for the company, according to a report.
Wall Street's three main equity indices finished mixed on Monday with markets rangebound ahead of a key reading of inflation that has the potential to the market-moving.