Regional Gaming Giant | Explore Bally's position as a major player in the US regional gaming market, balancing ambitious expansion plans with financial challenges and market pressures |
Strategic Acquisitions | Delve into Bally's merger and acquisition strategy, including the Casino Queen merger, and its impact on operational efficiencies and market presence |
Development Pipeline | Learn about Bally's ambitious projects, including riverboat-to-land conversions and the $1.4 billion Chicago development, shaping its growth trajectory |
Financial Outlook | Analyst price targets range from $11 to $15, with concerns over high leverage and liquidity balanced against potential growth from expansion initiatives |
Metrics to compare | BALY | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipBALYPeersSector | |
|---|---|---|---|---|
P/E Ratio | −0.7x | −15.7x | 10.1x | |
PEG Ratio | 0.04 | 0.11 | 0.02 | |
Price/Book | 0.8x | 2.9x | 1.4x | |
Price / LTM Sales | 0.2x | 1.9x | 0.9x | |
Upside (Analyst Target) | 1.2% | 37.0% | 29.2% | |
Fair Value Upside | Unlock | 11.2% | 11.8% | Unlock |
Bally’s Corporation is a fast-growing global entertainment brand with 20 casinos across 11 U.S. states and one casino in Newcastle, UK, along with a golf course in New York and horse racetracks in Colorado and forthcoming in Wyoming. Bally’s also owns Bally Bet, a first-in-class sports betting and iGaming platform licensed in 16 jurisdictions in North America. Bally’s holds a majority interest in Bally’s Intralot S.A., a leading lottery solutions supplier and gaming operator active in 39 jurisdictions worldwide. 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 an integrated destination resort in Chicago, Illinois. Bally’s is the first publicly traded gaming company to achieve Minority Business Enterprise (MBE) certification through the National Minority Supplier Development Council (NMSDC). Bally’s has over 12,000 employees across the world, recognized for their innovation, energy, and dedication to creating thrilling gaming experiences. Bally's Corporation was incorporated in 2004 and is based in Providence, United States. The firm is incorporated in Delaware.