Bally s - M&A Summary and Business Overview

GamingCompany

Bally s M&A Summary

Bally s has acquired 12 companies, including 11 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 3 assets.

Bally s’ largest acquisition to date was in 2020, when it acquired Tropicana Evansville for $480M. It’s largest disclosed sale occurred in 2020, when it sold Dover Downs Hotel & Casino to Gaming and Leisure Properties for $340M. Bally s has acquired in 7 different US states, and 3 countries. The Company’s most targeted sectors include leisure (42%) and digital media (25%).

Bally s Business Overview

Where is Bally s headquartered?

Bally s is headquartered in Providence, Rhode Island.

What is Bally s’ revenue?

Bally s disclosed revenue of 2,450M USD for 2024 and 2,449M USD for 2023.

How many employees does Bally s have?

Bally s has 10,000 employees.

What sector is Bally s in?

Bally s is a gaming company.

When was Bally s founded?

Bally s was founded in 2004.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity12
    • M&A Sell Activity3
  • Total Sectors Invested 4
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

Bally's

Bally's Corp.

100 Westminster Street,
Providence, Rhode Island 02903
United States,
(401) 475-8474
www.ballys.com

Bally's specializes in delivering a comprehensive range of gaming and entertainment experiences through both traditional brick-and-mortar casino venues and expansive digital platforms. Bally's currently owns and operates 10 casinos across six states, a horse racetrack, and 13 authorized OTB licenses in Colorado. Bally's was founded in 2004 and is based in Providence, Rhode Island.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (1.2/yr) # 6 6 - - - - 12
vol $765M $308M $1.1B
Sell (0.4/yr) # 1 - 2 - - - 3
vol $340M $340M
  15

Most Recent M&A

Company Date Value Type
Bally's Twin River Lincoln Casino Resort 2022-06-28 - Divestiture
Lincoln, Rhode Island
Bally's Tiverton Casino & Hotel 2022-06-28 - Divestiture
Tiverton, Rhode Island
Telescope, Inc. 2021-08-12 - Add-on Acquisition
Los Angeles, California · www.telescope.tv
The Association Of Volleyball Professionals 2021-07-13 - Add-on Acquisition
Newport Beach, California · www.avp.com
Gamesys Group plc 2021-06-30 - Add-on Acquisition
London, United Kingdom · www.gamesysgroup.com
Tropicana Las Vegas, Inc. 2021-04-13 308M USD Divestiture
Las Vegas, Nevada · www.troplv.com
SportCaller 2021-02-08 - Add-on Acquisition
Dublin, Ireland · www.sportcaller.com
Monkey Knife Fight 2021-01-25 - Add-on Acquisition
San Jose, California · www.monkeyknifefight.com
Eldorado Resort Casino Shreveport 2020-12-23 140M USD Divestiture
Shreveport, Louisiana · www.eldoradoshreveport.com
Bet.Works Corp. 2020-11-18 - Add-on Acquisition
Las Vegas, Nevada · www.bet.works
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Leisure 5 (42%) 1.1B (100%) 3 (100%) 340M (100%)
Digital Media 3 (25%) - - -
Gaming 2 (17%) - - -
Media 2 (17%) - - -
Total 12 $1.1B 3 $340M

By Geo

State/Country Buy Value Sell Value
United States 10 1.1B 3 340M
  California 3 - - -
  Nevada 2 308M - -
  Rhode Island - - 2 -
  New Jersey 1 25M - -
  Louisiana 1 140M - -
  Indiana 1 480M - -
  Illinois 1 120M - -
  Colorado 1 - - -
  Delaware - - 1 340M
Ireland 1 - - -
United Kingdom 1 - - -
Domestic 10 (83%) 1.1B (100%) 3 (100%) 340M (100%)
Cross-border 2 (17%) - - -
Total 12 $1.1B 3 $340M

Top M&A Advisors

Financial Deals
Deutsche Bank Corporate & Investment Banking
1
Legal Deals
Jones Day
5
Bass, Berry & Sims
1

Deal Values

buy # Total
$100M to $1B 4 $1.0B
< $100M 1 $25M
TOTAL $1.1B
Largest Tropicana Evansville
$480M (2020-10-27)
sell # Total
$100M to $1B 1 $340M
TOTAL $340M
Largest Dover Downs Hotel & Casino
$340M (2020-10-27)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Strategic(s)
50%
6 (50%)
Divested to
Strategic(s)
100%
3 (100%)

 Subscribe to unlock this and 215,016
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore a company's M&A activity, ownership history, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 208K M&A Transactions
  • 210K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

What next?

Get Full Access

Full access to Mergr's investor, acquirer, and transaction data starts here.

Related Lists for Bally s

Gaming Companies