GLPI to acquire Bally's casinos for $1bn

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rhodeislandcurrent.com

Seeking to entice new patrons, Bally’s creates new smoke-free section at Lincoln casino

Two days after reporting a significant first quarter loss, Bally's Corporation on Friday morning announced the opening of a new smoke-free section at its Twin River casino in Lincoln. The Providence-based casino giant on Wednesday had reported a net loss of $173.9 million during the first quarter of 2024, compared to a $178.3 million profit in the…

Industry ・ 04 May 2024

turnto10.com

Bally's Twin River Lincoln expands no-smoking gaming section

A poker table at Bally's Twin River Lincoln. (WJAR) LINCOLN, R.I (WJAR) - Bally's Twin River Lincoln announced the expansion of its no-smoking casino gaming center. The new no-smoking section will be located near the valet entrance on the first floor and away from the exiting smoking areas, according to casino officials. Bally's officials said the…

Poker ・ 04 May 2024

The Day

Rhode Island launches online casino gaming

Rhode Islanders no longer have to travel into Connecticut to play casino games on a laptop or a hand-held device. Since noon Tuesday, "iGaming" has been available within the Ocean State's borders, courtesy of Bally's Corp., owner of Rhode Island's two casinos, Bally's Twin River Lincoln and Bally's Tiverton. Bally's launch of online casino gaming…

Industry ・ 08 March 2024

US Bets

Rhode Island Becomes Seventh State With Online Casino Gaming

Rhode Island became the seventh state to offer online casino gaming, with Bally's adding the vertical for Ocean State bettors Tuesday. It is the first state to launch online casino gaming since Connecticut in October 2021, though Delaware began 2024 by switching operators from 888 Holdings to BetRivers. Bally's has been offering mobile sports…

Finance ・ 06 March 2024

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rhodeislandcurrent.com

The future of Rhode Island gambling is … quiet

LINCOLN - "Good luck, everyone." So said a Bally's Twin River dealer before dropping a ball on the roulette wheel. It spun for about three seconds before it landed on 11 black. There were no winners on that bet, but there were also no groans - at least that anyone at the casino could hear. Any gambler who wagered on the game did so from the comfort…

Finance ・ 01 March 2024

turnto10.com

Bally's Twin River Casino to launch online gambling for Rhode Island residents

LINCOLN, R.I. (WJAR) - Bally's Twin River Casino is introducing a new way to gamble. On March 5, the casino will unveil table games and slots that Rhode Islanders can play online, at home. The bright flashing lights, music, and the wins will soon be at the convenience of your fingertips. "I mean we're only the seventh state in the country to do…

Finance ・ 01 March 2024

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Law ・ 09 August 2023

The Boston Globe

Legislation introduced to allow online casino gambling in R.I.

PROVIDENCE - Senate President Dominick J. Ruggerio this week joined in introducing legislation to allow online casino gaming, or "iGaming," in Rhode Island. Bally's Corporation, the Rhode Island-based casino giant, announced a " major legislative initiative " for iGaming in February during the Greater Providence Chamber of Commerce legislative…

Law ・ 30 April 2023

The Providence Journal

Bally's Twin River pushing to legalize online gambling in RI

PROVIDENCE - Legislation sought by the Bally's Corporation to allow "online casino gambling" - otherwise known as "igaming" - has been introduced in the Rhode Island legislature by Senate President Dominick Ruggerio and Rep. Gregory Costantino, whose House district encompasses the Bally's Twin River Casino in Lincoln. Bally's argument for the…

Law ・ 28 April 2023

What's Up Newp

Bally's Tiverton Casino & Hotel announces completion of real estate transaction with GLPI

Bally's Corporation today announced that it has completed a real estate transaction with Gaming & Leisure Properties, Inc., in which the two firms sold and leased back the land and real estate assets of Bally's Tiverton Casino & Hotel in Tiverton, Rhode Island, and Bally's Hard Rock Hotel & Casino Biloxi in Biloxi, Mississippi. According to a press…

Land-based ・ 05 January 2023

The Boston Globe

Workers renew effort to ban smoking in R.I. casinos

PROVIDENCE - Vanessa Baker, a gaming supervisor at Bally's Tiverton Casino, sees only two options as she fights to ban smoking at Rhode Island's casinos. "I am going to get fired or die because it's killing me," she said. Baker, 57, of Portsmouth, takes 10 medications, uses two inhalers, and now needs a nebulizer. She attributes her respiratory…

Law ・ 27 December 2022

Review Journal

Tropicana resort on Las Vegas Strip acquired by Bally’s Corp.

Bally's Corp. has been cleared to close on its acquisition of the operations of the Tropicana resort on the Strip by the Nevada Gaming Commission. Following an hour-long hearing, commissioners on Thursday unanimously approved the Providence, Rhode Island, company's acquisition from Penn Entertainment Inc. for $308 million, first announced in April…

Land-based ・ 22 September 2022

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The Nevada Independent

Bally’s exec: Tropicana Las Vegas will be the company’s ‘western flagship’

More than a year after first announcing a deal to acquire the Tropicana Las Vegas, Bally's Corp. received preliminary approval from Nevada gaming regulators Wednesday to acquire the Rat Park-era hotel-casino in a $308 million transaction. Company officials told the Gaming Control Board in Las Vegas they plan to close the purchase by the end of the…

Gaming Authorities ・ 07 September 2022

PBN

Craig Sculos, Bally’s Twin River Lincoln Casino Resort and Bally’s Tiverton Casino Hotel

Leaders & Achievers 2022 CRAIG SCULOS Senior vp of Rhode Island regulatory, Bally's Twin River Lincoln Casino Resort and Bally's Tiverton Casino Hotel Vice president and general manager, Bally's Tiverton Casino Hotel WITH JUST SIX HOURS of notice, Bally's Corp.'s Twin River Lincoln and Tiverton casinos were required to close in the middle of a…

Travel ・ 19 August 2022

European Gaming

Gaming Americas Weekly Roundup

Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated. Pragmatic Play, a leading content provider to the iGaming industry, has strengthened its position in the Brazilian market…

Gaming Authorities ・ 05 July 2022

Yogonet

Bally's completes sale-leaseback deal for three Colorado casinos and Quad Cities property in Illinois

Bally's Corporation and Gaming and Leisure Properties, Inc. (GLPI), a publicly-traded gaming focused real estate investment trust,have completed the from Bally's of the land and real estate assets of Bally's three Black Hawk Casinos in Colorado, and Bally's Quad Cities Casino & Hotel in Rock Island, Illinois, for $150 million in total…

Travel ・ 05 April 2022

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Delaware Business Now

Dover Downs rebrands as Bally's Dover Casino Resort

As expected, the name of Dover Downs Hotel & Casino has been changed. Rhode Island-based Bally's has rebranded the casino as Bally's Dover Casino Resort. Acquiring publicly traded Dover Downs from Rollins family interests in 2019 was part of an aggressive expansion for Bally's. The purchase came after the General Assembly, made concessions in what…

Travel ・ 29 November 2021

Casino News Daily

Lincoln, RI Casino Breaks Ground on $100mn Expansion

Bally's Corp. on Thursday broke ground on a $100 million expansion of the larger of its two casinos in Rhode Island. Twin River Casino in Lincoln originally opened doors in 1947 as Lincoln Downs. It later became Lincoln Park and then Twin River. The property will now operate as Bally's Twin River Lincoln Casino. Its sister property in Tiverton will…

Law ・ 17 September 2021

Vegas Slots Online

Indiana Gaming Commission Approves Caesars Casino Sale

In the state of Indiana, the gaming regulator has given its seal of approval to a deal between Caesars Entertainment and the Eastern Band of Cherokee Indians. Under the terms of the agreement, the former will sell its Caesars Southern Indiana casino to the tribe for a total of $250m. The Indiana Gaming Commission approved the sale during a meeting…

Gaming Authorities ・ 19 August 2021

ABL Adviser

Citizens Advises Bally’s on Acquisitions of Tropicana Evansville and Jumer’s Casino & Hotel

Citizens M&A Advisory served as financial advisor to Bally's Corporation on its acquisition of Tropicana Evansville in Evansville, IN, from Caesars Entertainment Corporation, as well as the acquisition of Jumer's Casino & Hotel in Rock Island, IL, from Delaware North Companies Gaming & Entertainment, Inc. As previously announced, Bally's acquired…

Travel ・ 09 August 2021

Delaware Business Now

Dover Downs owner Bally's engineers sale-leaseback of Delaware property's real estate

Dover Downs owner Bally'sCorporation has a lot on its plate these days, including a recent deal that offloads the Delaware casino's real estate. Gaming and Leisure Properties is buying the real estate associated withBally'sDover Downs casino for$144 million. The company will lease lease the property back toBally'sfor$12 millionper year, subject to…

Land-based ・ 15 June 2021

Review Journal

Tropicana Las Vegas owner reports solid first-quarter results

The 48 resort properties owned by Wyomissing, Pennsylvania-based Gaming and Leisure Properties Inc. are open and by next year more properties will be in the mix. Executives with GLPI, a gaming-focused real-estate investment trust affiliated with Penn National Gaming that is expected to become the new owner of the Tropicana on the Las Vegas Strip,…

Travel ・ 07 May 2021

Golden Casino News

Bally’s Corporation Signs New Operating Deal for New Pennsylvania Casino

American casino operator Bally's Corporation recently announced the signing of an agreement for a new casino in Pennsylvania. The deal includes the designing, building, and operations of a gambling facility that will feature 30 gaming tables and 750 slots. The American casino operator was previously known as Twin River Worldwide Holdings…

Strategy Guide ・ 19 January 2021

Card Player

Rhode Island Casino Opens Major Gaming Floor Expansion

Bally's Corporation announced that Bally's Twin River Lincoln Casino Resort officially opened 40000 square feet of new gaming space in an expansion of its casino floor. This expansion fulfilled a component of a new law enacted by the General Assembly and signed by Governor McKee in 2021. Bally's representatives were joined by Governor Daniel McKee,…

Land-based ・ 30 April 2023

The Providence Journal

Twin River grows with $100m expansion. Why they upgraded the casino

LINCOLN - The $100-million expansion of Bally's Twin River Casino promised three years ago when the company joined forces with its once rival, Rhode Island gambling giant International Game Technology, is here. It includes new slot machines, a food hall, a high-stakes poker room, a cigar bar and table games. When you cross into the new wing of the…

Politics ・ 27 April 2023