Added to YB: 2025-07-08
Pitch date: 2025-07-04
BALY [bullish]
Bally's Corporation
-11.37%
current return
Author Info
No bio for this author
Company Info
Bally’s Corporation is a fast-growing global entertainment brand with 20 casinos across 11 U.S. states and one casino in Newcastle, UK, along with a golf course in New York and horse racetracks in Colorado and forthcoming in Wyoming.
Market Cap
$449.7M
Pitch Price
$11.08
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.12
P/E
-0.71
EV/Sales
2.87
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Bally’s Plays the Long Game: iGaming Sale, RE Monetization, and Debt Focus
BALY: Intralot ($1.2B cap) buying Bally's non-US iGaming arm, management holds 46% so vote likely passes. UK regulators slow but favorable. Bally monetizing real estate via GLPI ($1B+ proceeds), divesting non-core assets. Trades at 4x 2025E property EBITDAR vs peers at 7-8x. Risks: Greek politics, rate shocks, financing issues.
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