Bally’s Corporation stumbles with major Q3 loss due to soaring operating costs

Bally’s Corporation stumbles with major Q3 loss due to soaring operating costs

Bally’s Corporation has reported a staggering third-quarter loss, driven by surging operational expenses that have overshadowed its revenue performance. This prominent casino and online gambling enterprise, recognized for its casino resorts and expanding iGaming division, disclosed a sharp drop in its profitability as escalating expenses placed substantial pressure on its financial results. The company reported […]

Bally’s Corporation acquires MontBleu Resort Casino & Spa in Nevada

Bally’s Corporation acquires MontBleu Resort Casino & Spa in Nevada

US gaming company Bally’s Corporation (formerly Twin River Worldwide Holdings) has wrapped up the previously announced acquisition of MontBleu Resort Casino & Spa in Nevada from Caesars Entertainment. The deal was announced by Twin River Worldwide and Eldorado Resorts in April 2020. Eldorado Resorts merged with Caesars Entertainment in July 2020 and assumed the latter’s […]