Potentially lowering Bally’s odds of maxing out its River West jackpot are “a saturated Chicago gaming market, the ...
Fitch Ratings dinged the gaming company’s score from B to B-, citing competition and high taxes for its proposed Chicago ...
The $1.7B casino planned for tRiver West has switched up its fundraising strategy amid delays to a diversity-centric IPO.
Bally's faces hurdles such as a saturated Chicago gaming market, a higher-than-average gaming tax rate and the typical ramp-up of a new casino development.
Bally’s Corp. has been downgraded by Fitch Ratings from ‘B’ to ‘B-’, citing high debt levels, execution risks tied to its ...
Bally’s is selling $195 million in private shares as it awaits approval for a separate plan to raise capital through women and minority investors for its Chicago casino. Bally’s Chicago ...
Provided Share All bets are off on Bally’s plan to sell $250 million worth of shares in their permanent Chicago casino to investors from minority backgrounds. Bally’s began refunding would-be ...
Bally’s Corporation has unveiled an innovative approach to community engagement with its Bronx casino proposal, offering ...
Bally’s Corporation (NYSE: BALY) today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Re ...
Bally's says the chairman was cut off in the middle of his remarks and the community board eventually asked the public to leave and voted behind closed doors.
The Negative Outlook underscores leverage concerns, with Bally’s operating near Fitch’s 8.0x downgrade sensitivities. Fitch calculated Bally’s 2024 EBITDAR leverage at 7.0x, which is expected to rise ...