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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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