Bally’s Corporation is a fast-growing national brand with 20 casinos internationally including 1 retail casino in Newcastle, UK, 11 states across the US, along with a golf course in New York and a horse racetrack in Colorado and holds OSB licenses in 13 jurisdictions in North America. It also owns Bally Bet, a first-in-class sports betting platform, Bally Casino, a growing iCasino platform, Bally International Interactive division (formerly Gamesys Group), a leading global interactive gaming operator, and a significant economic stake in Intralot S.A., a global lottery management and services business. As a global, entertainment-focused, omni-channel leader in retail and online gaming, Bally’s serves over 11 million domestic and 20 million international customers through its loyalty programs. With 11,500 employees, its casino operations include approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms. Bally’s also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas.
Financial Outlook | Analyst price targets range from $11 to $15, with concerns over high leverage and liquidity balanced against potential growth from expansion initiatives |
Development Pipeline | Learn about Bally's ambitious projects, including riverboat-to-land conversions and the $1.4 billion Chicago development, shaping its growth trajectory |
Strategic Acquisitions | Delve into Bally's merger and acquisition strategy, including the Casino Queen merger, and its impact on operational efficiencies and market presence |
Regional Gaming Giant | Explore Bally's position as a major player in the US regional gaming market, balancing ambitious expansion plans with financial challenges and market pressures |
Metrics to compare | BALY | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipBALYPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.7x | −4.2x | 11.2x | |
PEG Ratio | −0.03 | 0.13 | 0.02 | |
Price / Book | 1.4x | 2.0x | 1.4x | |
Price / LTM Sales | 0.3x | 1.5x | 1.0x | |
Upside (Analyst Target) | 22.2% | 49.7% | 22.1% | |
Fair Value Upside | Unlock | 27.9% | 9.2% | Unlock |