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Gamesys Group

Impairment charges push Bally’s Q4 net loss to $476.8m

New York-listed betting and gaming operator Bally’s Corporation expects to post a net loss of $476.8m for the final quarter of 2022, with results negatively [...]

1 min read

Robeson Reeves to succeed Lee Fenton as Bally’s new CEO

Bally’s Corporation has appointed Robeson Reeves as its new chief executive to replace Lee Fenton, who steps down at the end of March.

Reeves currently serves [...]

3 mins read

Bally’s returns to profit in Q1

Bally’s returned to profit in the first quarter of this year following a 185 per cent increase in revenue to $548.27m.

The company remains on track [...]

1 min read
Downtown Chicago

Bally’s wins Chicago casino bid; rejects acquisition by Standard General

Bally’s has won the bid to develop a casino-resort and entertainment experience in Chicago, Mayor Lori E. Lightfoot said Thursday.

Bally’s was one of three final [...]

1 min read

New research finds no link between game features and problem gambling

Groundbreaking new research into links between slots gameplay and safer gambling has concluded that there is no statistically significant correlation between player markers of harm [...]

1 min read
Gamesys Group

Gamesys benefits from growth in UK and Japan during first half of 2021

London-listed Gamesys has grown revenue by 17 per cent in the first half of 2021, although higher costs and deferred tax expenses reduced net income [...]

1 min read
Bally's Corp

Bally’s set to report strong second quarter growth

New York-listed casino and sportsbook operator Bally's Corporation expects to report revenue of between $258m to $268m for the second quarter of 2021.

Based on preliminary [...]

1 min read

Bally’s and Gamesys shareholders approve business combination

Bally's Corporation and Gamesys Group have secured shareholder approval for their proposed business combination.

The two companies obtained the requisite votes for all shareholder approvals related [...]

2 mins read

LiveScore brings in Cristiano Ronaldo as global brand ambassador

Gibraltar-based LiveScore has named Portuguese and Juventus footballer Cristiano Ronaldo as an official global brand ambassador.

The multi-year partnership will see the Portuguese national team captain [...]

3 mins read
Bally's Corp

Bally’s opts for investment in lieu of tangible equity unit offering

New York-listed Bally’s Corp. has dropped plans to offer $250m of tangible equity units, opting instead to pursue a private offering of equity-linked securities to [...]

1 min read

Bally’s announces Q1 revenue growth and $850m fundraising

New York-listed gaming operator Bally's Corporation expects to report a 70 per cent increase in revenue to $185.0m for the first quarter of 2021.

Bally’s attributed [...]

1 min read

Gamesys and Bally’s boards recommend business combination

Gamesys shareholders can expect to receive up to £18.65 per share from the proposed business combination with Bally’s Corp, which is expected to close in [...]

1 min read