Bally's (BALY)

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2 REITs That Offer Higher But Riskier Yields
Seeking Alpha· 2024-08-19 11:30
Andrii Dodonov Introduction As an analyst here on Seeking Alpha, my goal is to always maintain transparency with readers. No matter how much I like a company or even if I own them, I will always be transparent in my articles. If a stock is a riskier investment, I will share that. If one of my favorite holdings' fundamentals start to change for the worse, I will share that as well. I say that to say, in this article I give you two stocks that pay higher, attractive yields (above 5% is higher in my opinion), ...
Bally's (BALY) - 2024 Q2 - Quarterly Report
2024-08-02 13:31
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 June 30, 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 organization ...
Bally's (BALY) - 2024 Q2 - Earnings Call Transcript
2024-08-01 02:31
Bally’s Corporation (NYSE:BALY) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Charlie Diao - Senior Vice President of Finance and Corporate Treasurer Robeson Reeves - Chief Executive Officer George Papanier - President Marcus Glover - Chief Financial Officer Conference Call Participants Jeffrey Stanchill - Stifel Financial Corp. Chad Beynon - Macquarie Group Limited Jonnathan Navarrete - TD Cowen Colin Mansfield - CBRE Institutional Research Operator Good day, everyone, and ...
Bally's (BALY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-01 01:01
Bally's Corporation (BALY) reported $621.66 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.6%. EPS of -$0.83 for the same period compares to -$0.25 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $643.05 million, representing a surprise of -3.33%. The company delivered an EPS surprise of +43.54%, with the consensus EPS estimate being -$1.47.While investors closely watch year-over-year changes in headline numbers -- revenue and earn ...
Bally's Corporation (BALY) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-07-31 23:26
Bally's Corporation (BALY) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of a loss of $1.47. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.54%. A quarter ago, it was expected that this hotel casino operator would post a loss of $1.13 per share when it actually produced a loss of $3.26, delivering a surprise of -188.50%.Over the last four quarters, the ...
Bally's (BALY) - 2024 Q2 - Quarterly Results
2024-07-31 20:07
Exhibit 99.1 BALLY'S CORPORATION ANNOUNCES SECOND QUARTER 2024 RESULTS PROVIDENCE, R.I., - July 31, 2024 - Bally's Corporation (NYSE: BALY) ("Bally's" or the "Company") today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Highlights • Company-wide revenue of $621.7 million, an increase of 2.5% year-over-year ◦ Casinos & Resorts revenue of $343.1 million, up 3.0% year-over-year ◦ UK online revenues grew 9% while overall International Interactive revenue ...
Bally's Buyout Alert: Shareholders Concerned About $18.25 Deal Price Should Contact Julie & Holleman LLP Regarding Potential Legal Claims
Prnewswire· 2024-07-29 11:45
NEW YORK, July 29, 2024 /PRNewswire/ -- Nationally recognized shareholder rights firm Julie & Holleman LLP is investigating the proposed $18.25 per share buyout of Bally's Corporation (NYSE: BALY) by the company's largest shareholder, private equity firm Standard General L.P.For a free, no-risk consultation, please visit https://julieholleman.com/ballys-corporation/, or contact firm partner Scott Holleman by email at [email protected].Bally's is a global casino-entertainment company with a growing omni-chan ...
BALY INVESTIGATION: The M&A Class Action Firm Launches Investigation Merger of Bally's Corp.
GlobeNewswire News Room· 2024-07-27 11:50
NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 27, 2024 / GlobeNewswire/-- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Bally’s Corp. (NYSE: BALY), relating to its proposed merger with Standard General L.P. Under the terms of the agreement, Bally’s Corp stockholde ...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Bally's Corp. - BALY
Prnewswire· 2024-07-26 18:42
NEW YORK, July 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Bally's Corp. (NYSE: BALY), relating to its proposed merger with Standard General L.P. Under the terms of the agreement, Bally's Corp stockholders will receive $18.25 in cash per share they o ...
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Proposed Bally's Corp. (NYSE: BALY) Shareholder Buyout and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-07-26 17:50
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 ...