Why A $2 Billion Bally’s Takeover Bid Did Not Happen

There will be no $2 billion takeover of Bally Bet parent company Bally’s by Chairman Soo Kim‘s Standard General. The company reported Thursday its board decided not to accept the offer. Instead, it will spend $300 million to $500 million buying back its own stock through a Dutch auction. “While we are of course disappointed […] Read More
Posted on: May 5, 2022 | Sports Betting | Matthew Waters
Bally Bet

Colorado Gets Industry’s First Glimpse Of Bally Bet

Colorado will get the sports betting industry’s first look at Bally Bet. On Monday, Bally’s Corp. announced a beta launch of Bally Bet into the Colorado sports betting landscape. A release from the company said Bally Bet will launch in three more markets in 2021. The launch represents a culmination of a flurry of activity […] Read More
Posted on: May 25, 2021 | Sports Betting | Pat Evans
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