17.89 USD
+0.06
0.34%
Updated Dec 30, 12:25 PM EST
1 day
0.34%
5 days
0.56%
1 month
-0.28%
3 months
3.71%
6 months
51.23%
Year to date
33.11%
1 year
33.11%
5 years
-30.44%
10 years
-40.27%
 

About: Ballys Corp is a casino entertainment company with a growing omnichannel presence, currently owning and managing approximately 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and having access to nearly 18 OSB licenses in states. The recent acquisition of Aspers Casino in Newcastle, UK, further expands its international footprint and enhances its diverse entertainment offerings. It also owns Bally's Interactive International an interactive gaming operator, Bally Bet, a first-in-class sports betting platform, and Bally Casino, a growing iCasino platform. The casino operations include approximately 15,300 slot machines, 580 table games, and 3,800 hotel rooms.

Employees: 10,500

0
Funds holding %
of 6,812 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

88% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 25

78% more call options, than puts

Call options by funds: $4.11M | Put options by funds: $2.31M

46% more capital invested

Capital invested by funds: $335M [Q2] → $491M (+$156M) [Q3]

21% more funds holding

Funds holding: 107 [Q2] → 129 (+22) [Q3]

0.88% more ownership

Funds ownership: 69.21% [Q2] → 70.09% (+0.88%) [Q3]

35% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 37

60% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 2 (-3) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for BALY.

Financial journalist opinion

Based on 4 articles about BALY published over the past 30 days

Negative
Seeking Alpha
1 week ago
Powell Plays Grinch
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%.
Powell Plays Grinch
Neutral
Business Wire
1 week ago
Bally's Completes Previously Announced Sale Lease-Back of Bally's Kansas City and Bally's Shreveport to Gaming and Leisure Properties
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY and BALY.T) ("Bally's”) today announced that it has completed the previously announced sale lease-back of certain real property interests underlying Bally's Kansas City and Bally's Shreveport to Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI”) in a transaction valued at $395 million in the aggregate, inclusive of $7 million in LP units and $388 million in cash. The sale lease-back consideration includes approximately.
Bally's Completes Previously Announced Sale Lease-Back of Bally's Kansas City and Bally's Shreveport to Gaming and Leisure Properties
Neutral
Business Wire
2 weeks ago
Bally's Corporation Announces New Rollover Election Period
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY; BALY.T) (“Bally's” or the “Company”) today announced the opening of a new election period for holders of shares of Bally's common stock, par value $0.01 per share, to submit an election (a “Rolling Share Election”) to have such shares remain outstanding following the completion of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of July 25, 2024 (as amended, the “Merger Agreement”), by and am.
Bally's Corporation Announces New Rollover Election Period
Negative
Zacks Investment Research
2 weeks ago
New Strong Sell Stocks for December 10th
BALY, ENPH and ICLR have been added to the Zacks Rank #5 (Strong Sell) List on December 10, 2024.
New Strong Sell Stocks for December 10th
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for November 29th
BALY, BAX and CENTA have been added to the Zacks Rank #5 (Strong Sell) List on November 29, 2024.
New Strong Sell Stocks for November 29th
Positive
Zacks Investment Research
1 month ago
BALY Receives Shareholders' Nod for the Queen Casino Buyout
Bally's merger with The Queen Casino paves a path for geographic diversity and market opportunities for enhanced revenues and long-term value creation.
BALY Receives Shareholders' Nod for the Queen Casino Buyout
Neutral
Business Wire
1 month ago
Bally's Corporation Stockholders Approve Merger Agreement With Affiliate of Standard General L.P.
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) (“Bally's” or the “Company”) announced that at its Special Meeting of Stockholders held on November 19, 2024, its stockholders, including its unaffiliated stockholders, approved the adoption of its previously announced definitive merger agreement with The Queen Casino & Entertainment Inc. (“Queen”), a portfolio company majority-owned by the Company's largest stockholder, Standard General L.P. At the Special Meeting, the Com.
Bally's Corporation Stockholders Approve Merger Agreement With Affiliate of Standard General L.P.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for November 18th
ATI, BALY and KOF have been added to the Zacks Rank #5 (Strong Sell) List on November 18, 2024.
New Strong Sell Stocks for November 18th
Neutral
Business Wire
1 month ago
BALLY'S INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bally's Corporation - BALY
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Bally's Corporation (NYSE: BALY) to Standard General L.P. Under the terms of the proposed transaction, shareholders of Bally's will receive $18.25 in cash for each share of Bally's that they own. In lieu of receiving the cash consideration, Bally's shareholders may elect to retain all or a portion of their Bal.
BALLY'S INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bally's Corporation - BALY
Positive
Zacks Investment Research
1 month ago
Bally's (BALY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Bally's (BALY) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Bally's (BALY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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