Bally’s Corporation Completes Transactions With Standard General and The Queen Casino & Entertainment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
0mins
Source: Businesswire
Bally's Corporation Merger Completion: Bally's Corporation has successfully completed its merger with Standard General L.P. and its affiliate, The Queen Casino & Entertainment Inc., resulting in the issuance of 30.5 million shares to Queen shareholders and cash payments to other stockholders.
Expansion and Operations: Following the merger, Bally's now operates 19 casinos across 11 states, holds online sports betting licenses in 13 jurisdictions, and is expanding its international presence with acquisitions like Aspers Casino in the UK.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
