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Bally's Corporation

Bally's Corporation

Bally's Corporation is a casino and entertainment operator headquartered in Providence, Rhode Island, built out of the former Twin River Worldwide Holdings. The New York hedge fund Standard General, whose principal Soo Kim chairs the board, took the company private in a buyout at 18.25 dollars a share valuing it at around 4.6 billion dollars, completing in February 2025 alongside a combination with Queen Casino and Entertainment. It bought the British online operator Gamesys for 2.7 billion dollars in 2021, which became Bally's International Interactive. In 2025 it agreed to hand that division to the Greek lottery technology group Intralot in a 2.7 billion euro cash-and-share transaction completed on 9 October, a reverse-style merger that left Bally's as Intralot's majority shareholder. The resulting group, Bally's Intralot, is now acquiring Evoke plc. Bally's separately carries substantial development commitments, including its Chicago casino project.

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Listed company, iGT 25 constituent

Bally's Corporation trades as BALY on NYSE and carries 0.55% of the iGT 25 iGaming stock index.

Last close

USD 13.94 -0.21%

Market cap

$704m

Share price and history

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Bally's Corporation at a glance

Stories
19
Last covered
October 2026
Coverage since
March 2026
Segment
Operator

Latest coverage

New Japan PM Takaichi Prioritises Japan IR Policy Rollout
Regulatory

Oto, a Town of 4,766, Will Ask Fukuoka to Bid for Japan's 2027 IR Round

A former coal-mining town in Fukuoka says it will hand the prefecture an integrated resort proposal this month and wants the prefectural assembly to take it up in December. Under Japan's IR law the town cannot apply itself, and the prefecture has not said it will.

Louisiana governor vetoes sweepstakes casino ban bill citing regulatory authority
Corporate

Louisiana Casino Revenue Falls 6.4% to $201m in August, Lake Charles Down 8.8%

State Police figures released at Thursday's Gaming Control Board meeting show the 15 riverboats, Caesars New Orleans and the four racinos all down on August 2025, with 13 of the 15 boats losing ground. Mobile sports betting handle rose 3.6% to $261m and produced $31.1m of net proceeds; retail books fell by almost half. Only Baton Rouge grew, and only because Bally's moved onto land.

Star entertainment warns austracs proposed 272 million fine could trigger bankruptcy
Corporate

Star Posts AU$307m Loss as Auditors Again Flag Doubt Over Its Survival

The headline number improved and the underlying business stopped bleeding, but Star's auditors still cannot say it will be able to pay its bills, and a leaked recording of its chief executive has handed the New South Wales regulator a fresh governance problem in the same week.

Chicago illinois skyline lincoln park
Regulatory

Chicago Council Pressures Bally's to Honour Full Casino Build Pledge

Twenty-eight Chicago alderpersons have formally demanded that Mayor Brandon Johnson order Bally's to resume full construction at its River West casino site, warning of potential legal action after the operator cited VGT legalisation as grounds to slow work on the hotel, event centre and restaurants. At least one council member suspects the real issue is cash flow.

Evolution live casino logo
M&A

Candle Lake Launches Unsolicited Bid for Evolution at SEK 695 per Share

An unsolicited cash offer pitched at a 5.7% discount to Evolution's most recent close has put one of iGaming's largest B2B suppliers in play, raising immediate questions about deal rationale, regulatory approvals across multiple jurisdictions, and the future of Evolution's product roadmap.

Chicago illinois skyline lincoln park
General

Illinois Casinos Post 15% July Revenue Growth on Land-Based Transitions

Illinois casino revenue climbed to $192.7 million in July, its strongest year-over-year performance in recent months, with two Hollywood Casino properties delivering triple- and double-digit gains after completing moves from riverboat to land-based formats. Neighbouring Iowa tells a contrasting story, with aggregate revenue falling 6% as most of its 19 casinos shed ground.

Bally's Intralot Agrees £243m All-Share Takeover of Evoke, Owner of William Hill and 888
M&A

Bally's Intralot Agrees £243m All-Share Takeover of Evoke, Owner of William Hill and 888

Bally's Intralot has struck a roughly £243.1 million all-share deal for Evoke, the operator behind William Hill and 888, in a consolidation play sharpened by the steep rise in [British gambling taxes](/regulatory-map) landing over the next two years. The terms hand Evoke shareholders a 77% premium and hand the enlarged group a place among the United Kingdom's largest online operators.

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