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Bally s Lower After Unveiling Deals, Stock Sale, Quarterly Estimate Bally s shares tumbled after the resort and casino operator unveiled a number of deals, plans to issue shares, and an estimate of first-quarter results. Author: Bally s  ( BALY) - Get Report shares tumbled Tuesday after the resort and casino operator unveiled two deals, plans to issue shares, and an estimate of first-quarter results. The Providence, R.I., company said it would buy the Tropicana Las Vegas Hotel & Casino from Gaming & Leisure Properties  ( Bally s said it would acquire online-gaming company Gamesys JKPTF in a $2 billion deal.  In addition, Bally s said it would issue $600 million of common stock and $250 million of equity units. The company said the proceeds would help pay for the Gamesys purchase.

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