Shares of Bally’s stock plunged more than 26% following disclosures in the company second quarter financial filings that raised substantial doubt about its ability to maintain debt covenants over the coming year. The market selloff dropped equity prices down to $10.31, extending year to date declines to 38% as investors focused on corporate leverage over positive revenue growth. In documentation submitted to federal securities regulators, Bally Corp management acknowledged that current forecasts indicate the operator may fail to satisfy liquidity maintenance requirements and consolidated net leverage ratio covenants linked to its revolving credit facility. The company ended the quarter with…

The rumors are swirling! Will the new Las Vegas baseball stadium actually be completed? Are the owners in financial trouble? And was Tropicana imploded for nothing? That’s what we’re about to find out This Week in Gambling! Sin City visitors have a new attraction at the southeast corner of Tropicana and the strip. It’s called the Vegas shit show… but you probably know it as the new stadium. There are rumors floating around that Bally’s is in financial trouble, that they might have to sell their interest in the project, and that the stadium might not be completed at all….

Bally’s Las Vegas has finalized a multiphase construction timeline for its new resort on the Las Vegas Strip, with development scheduled to begin in the first half of 2026. The project will occupy the 35-acre site previously home to the Tropicana Las Vegas, which was demolished in late 2024. According to documents submitted to Clark County, the development will be integrated with a new 33,000-seat stadium for the Athletics Major League Baseball franchise. The master plan for Bally’s Las Vegas includes two hotel towers with a combined 3,000 guest rooms, a casino floor spanning 100,000 square feet, and a 2,500-seat…

The Tropicana implosion finally happened. Now, attention has turned to the building of the new Bally’s Las Vegas and the baseball stadium it will share a lot with. Bally’s just revealed their ‘master plans’ for the property which show three hotel towers being built at the same time as the new stadium. And while the name of the new resort has not been officially announced, what else could it be but Bally’s? Let’s remember that way it was back in October of 2020 Caesars Entertainment sold the Bally’s name to Bally Corp for $20 million. This was before anyone knew…

Well that escalated quickly! Just weeks after announcing Las Vegas baseball was a done deal, and that a new stadium would be built off the Strip near Interstate 15, things have turned once again. And it all pivots around public funding. Don’t worry, the A’s still plan to move to Sin City. However, in order to meet the fast approaching deadline of June 5th (which is the end of the Nevada Legislative session), some things needed to be moved around… like the location of that new stadium. Originally, the location of the new Las Vegas baseball stadium was west of…

Bally’s Corporation has announced that the city has selected Bally’s for the new Chicago casino. The resort will be a $1.7 billion destination casino, with entertainment and a hotel project. Bally’s was chosen as the preferred bidder in the City’s request for proposal process to construct and operate a world-class casino resort in downtown Chicago. Bally’s worked cooperatively with city officials and community leaders throughout the RFP process to develop a project that embraced Chicago as a global gateway city, incorporating its vibrant cultural scene and highly diversified economy. As evidenced in the City’s evaluation report, Bally’s Chicago provides the…

More interesting headlines today, as Caesars sells Bally’s brand name to the Twin River Holdings in Rhode Island for $20 million. The move comes after Twin River bought three properties, including Bally’s Atlantic City, from Caesars and Eldorado Resorts as the two giant companies were offloading properties in hopes of having its merger approved by regulators. After the Caesars-Eldorado merger there were rumors that the new company would sell one of their Las Vegas Strip properties. Bally’s Las Vegas is still listed as a Caesars Entertainment property, but that could change in the near future. The sale of the brand…

iGaming Business – Online casino and solutions firm Bally Technologies has expanded its partnership with Golden Nugget to become the exclusive enterprise-wide system provider for the land-based operator’s five gaming properties in the US. The new deal will cover Golden Nugget properties in Nevada, New Jersey, Mississippi and a soon-to-be-opened casino resort in Louisiana. Bally’s systems offerings, which will be connected to almost 6,400 slots and table games, will also be customised to be integrated with the Golden Nugget ‘Select Club’ loyalty programme at more than 440 restaurants nationwide. In addition to the Bally systems already installed at Golden Nugget’s…