Bally's Corporation (BALY)

Bally's Corp. stock has experienced price decreases of 6.40% in the past month and 8.33% over the last 12 months. Key corporate events include the appointment of Soohyung Kim as Executive Chair, the granting of a license to develop Bally's Bronx, and an amendment to increase term loan availability to $1.1 billion. Bally's received final suitability approvals from Queensland OLGR, Liquor & Gaming NSW, and the NSW Independent Casino Commission. Intralot S.A. completed the acquisition of Bally's Corporation's International Interactive business. Bally's announced a delayed 10-Q filing and reported its Q3 2025 results. Terrence Downey retired from the Board of Directors, and S&P Global Ratings downgraded Bally's secured debt rating from 'B+' to 'B'.

The provided search results do not explicitly detail the demand seasonality for Bally's Corporation's products and services. However, companies within the resorts, casinos, and broader entertainment industry often experience fluctuations in demand based on factors such as holidays, vacation seasons, and economic conditions.

Bally's Corporation operates as a global casino-entertainment, gambling, betting, and interactive entertainment company, encompassing the ownership, development, and operation of land-based casinos, sports betting venues, and online gaming platforms. The company's major products and services include retail casinos, the Bally Bet sports betting platform, the Bally Casino iCasino platform, and Bally's Interactive International division. Bally's also holds a significant economic stake in Intralot S.A. and owns a golf course in New York and a horse racetrack in Colorado.

Bally's Corporation operates 20 casinos internationally, including one in Newcastle, UK, and 19 casinos across 11 states in the United States. The company holds online sports betting licenses in 13 jurisdictions in North America and has access to OSB licenses in 18 states. Bally's also owns a golf course in New York, a horse racetrack in Colorado, and operates two properties across two states in Australia through its Star Entertainment Group subsidiary. Additionally, Bally's possesses rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas.

Bally's Corporation has focused on enhancing its brand reputation through workforce development programs in Hospitality & Tourism, Networking Technology, IT, and Cybersecurity. The company is committed to responsible play and guest safety, implementing employee training and maintaining memberships in relevant associations. Bally's has adopted the American Gaming Association's Responsible Marketing Code of Conduct and received RG Check responsible gaming accreditation for its online operations. The company acknowledges that its reputation could be negatively impacted by third-party actions, financial fraud, and the compatibility of its apps with major mobile operating systems.

Bally's Corporation has a significant institutional ownership base, with 112 institutional owners and shareholders holding a total of 38,211,890 shares. Major institutional shareholders include Standard General L.P., Whitefort Capital Management, LP, Jpmorgan Chase & Co, Vanguard Group Inc, BlackRock, Inc., Rathbone Brothers plc, Geode Capital Management, Llc, IWM - iShares Russell 2000 ETF, and VEXMX - Vanguard Extended Market Index Fund Investor Shares. Standard General L.P. holds 66.07% of the company's shares, and Noel Hayden owns 10% of Bally's Corporation.