Bally’s Corporation is a fast-growing global entertainment brand with 19 casinos across 11 US states and one casino in Newcastle, UK, along with a golf course in New York and a horse racetrack in Colorado. Bally’s also owns Bally Bet, a first-in-class sports betting and igaming platform, licensed in 13 jurisdictions in North America. Bally’s holds a majority interest in Bally’s Intralot S.A. , a leading lottery solutions supplier and igaming operator. Bally's casino operations include approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms. Bally’s also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas, has been awarded a license to build a full-scale casino and resort in The Bronx, New York and is developing an integrated destination resort in Chicago, Illinois. Bally’s has approximately 10,800 employees across the world, recognized for their innovation, energy, and dedication to creating thrilling gaming experiences.
Expansion Ambitions | Bally's pursues aggressive growth through mergers and an ambitious development pipeline, including a major Chicago project, amid financial challenges |
Financial Tightrope | High leverage and liquidity concerns overshadow Bally's expansion plans, with analysts projecting negative EPS in the near term |
Digital Frontie | Explore Bally's strategic focus on North American digital capabilities, positioning itself to capitalize on the growing online gaming market |
Analyst Outlook | Price targets range from $13 to $18, reflecting mixed views on Bally's potential amid complex financial structure and growth opportunities |
Metrics to compare | BALY | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipBALYPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.6x | 3.9x | 11.2x | |
PEG Ratio | −0.03 | 0.25 | 0.02 | |
Price/Book | 1.3x | 1.7x | 1.4x | |
Price / LTM Sales | 0.3x | 0.7x | 1.0x | |
Upside (Analyst Target) | 26.2% | 55.9% | 21.6% | |
Fair Value Upside | Unlock | 33.5% | 9.0% | Unlock |