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Bally's Corporation Announces Second Quarter 2021 Results

Bally's Corporation Announces Second Quarter 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Bally's Corporation Announces First Quarter 2021 Results

Bally s Corporation Announces First Quarter 2021 Results
Achieves Record Quarterly EBITDA
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PROVIDENCE, R.I., May 10, 2021 /PRNewswire/ Bally s Corporation (NYSE: BALY) (the Company or Bally s ), today reported financial results for the first quarter ended March 31, 2021.
First Quarter 2021 and Recent Highlights
Income from operations of $29.5 million represents strongest quarter since second quarter 2019
Adjusted EBITDA of $52.5 million is up $30.4 million, or 137.9%, from the same period in 2020
Adjusted EBITDA margins of 27.29% represent an increase of 708 bps year-over-year
Announced transformational agreement to acquire Gamesys Group plc to further omni-channel strategy
Strengthened consumer confidence, limited entertainment options and disciplined operating strategy contributed to record results at many properties ....

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Caesars Seals Sale of MontBleu Casino to Bally's

Caesars Seals Sale of MontBleu Casino to Bally's
casinonewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from casinonewsdaily.com Daily Mail and Mail on Sunday newspapers.

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Ballys Corporation (BALY) Q4 2020 Earnings Call Transcript

Ballys Corporation (BALY) Q4 2020 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
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Ballys Corporation (NYSE: BALY)
Operator
Good morning, and welcome to the Bally s Fourth Quarter 2020 Year End Earnings Conference Call. [Operator Instructions]
I will now turn the call over to Craig Eaton, Executive Vice President and General Counsel. Please go ahead.
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our ....

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Eldorado Casino Has Been Sold! (Again)

Eldorado Casino Has Been Sold! (Again)
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The on-again, off-again sale of Shreveport s Eldorado Casino has been the talk of the gaming world all year. Now it s time to finally put the rumors to rest.
According to several sources, including Inkedin.com, Casino Giant Bally s has acquired the Eldorado from Caesar s Entertainment in a $140 million deal. Didn t someone already buy that casino? you ask - almost. In January,
Maverick Gaming was planning to add the casino to their portfolio - but that deal fell apart. Then,
Twin River Worldwide Holdings, Inc put together a deal to buy it, but back in April that fell apart too. That meant the 15 year old gaming hall that boasts 1,401 slots, 54 tables and 403 hotel rooms was back on the market. ....

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