After the New York City Council approved a crucial rezoning proposal on Wednesday, Bally’s Corp.'s plan to build a casino in the Bronx was able to move forward, providing a significant boost in its bid for a downstate casino license in New York. The proposal narrowly passed in committee earlier and
Bally’s Corporation shareholders have approved the company’s $4.6 billion takeover from Standard General, Bally's largest shareholder. The move paves the way for a merger with The Queen Casino & Entertainment (QC&E), a portfolio company majority-owned by Standard General. In July, Bally’s ac
Losses at Bally’s Corp. grew from $61.8 million last year in the third quarter to $247.8 million in the same period of 2024. Meanwhile, revenue varied just 0.4 percent, coming in at $630 million.CEO Robeson Reaves described the company as having “delivered relatively healthy financial results.” Casi
Gaming and Leisure Properties President Brandon Moore cleared up any misconceptions about the company’s intentions on financing the development of its 35-acre Las Vegas Strip parcel where a new baseball stadium will be built.The Oakland Athletics are on their own in financing a $1.5 billion Major Le
The process to get the Athletics’ planned Las Vegas Strip ballpark project to the point where construction can start next year has been a collaborative effort.The A’s and Bally’s Corp., which owned the Tropicana before it was imploded, worked with officials from the state, Clark County and the Las V
Bally’s Corp. is aiming to have a portion of its planned resort and casino completed at the same time the Athletics’ Las Vegas ballpark is set to open in 2028.The pair of projects will be built on the 35-acre site where the Tropicana Las Vegas once stood. Bally’s initially planned to have its hotel-
For the first time, plans are providing a glimpse of how Bally’s Corp.’s planned integrated resort will be constructed around the Athletics’ Las Vegas Ballpark on the former Tropicana site.The plan’s site renderings depict the $1.5 billion, 33,000-fan capacity ballpark located near the center-rear o
Standing roughly a half-mile from where the concrete and steel structures of the former Tropicana hotel towers had been loaded with 1,700 pounds of explosives, Las Vegas Convention and Visitors Authority CEO Steve Hill said he had never been this close to an implosion.“In most places, building implo
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