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Bally's agrees $308m deal to acquire Tropicana Las Vegas

Bally's agrees $308m deal to acquire Tropicana Las Vegas
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Global Gaming, Media & Entertainment Market Could Exceed $2.1 Trillion In 2021

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PALM BEACH, Fla., April 13, 2021 /PRNewswire/ With the outbreak of COVID-19, home entertainment seems to be the only option for gamers in lockdown while cinemas and theaters continue their door-closed policy to prevent the disease. A March 2020 survey at the beginning of the pandemic, showed that that video gamers in the United States reported that they spent 45% more time playing video games amid the quarantine than in the previous week… that number has surely grown over the subsequent year of quarantine. Esports is another emerging industry that manages to make more than a billion dollars a year. Now, after the pandemic, it has gained further traction. A recent look at the U.S. Online Gaming Industry by Statista came up with a number of statistics and facts, including: a)Revenue in the Online Games segment is projected to reach US$23,582 Million in 2021; b)Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 7. ....

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Bally's To Acquire Tropicana Las Vegas Hotel And Casino

Bally s To Acquire Tropicana Las Vegas Hotel And Casino
Property Represents Company s First Las Vegas Asset with Significant Online Gaming Exposure
Expected To Be Accretive To Bally s Shareholders Long-Term; Requires No Cash Outlay at Closing from Bally s
Transaction Expected To Offer Cross Marketing Opportunities and Bolster Bally s Robust Customer Database
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PROVIDENCE, R.I., April 13, 2021 /PRNewswire/ Bally s Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it has agreed to purchase the Tropicana Las Vegas, Nevada casino from Gaming and Leisure Properties, Inc. ( GLPI ), a publicly traded gaming focused real estate investment trust ( REIT ). Bally s estimates the transaction to be valued at approximately $308 million. ....

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UK and Asia growth drives Gamesys to 27% Q1 revenue growth ahead of Bally's deal

UK and Asia growth drives Gamesys to 27% Q1 revenue growth ahead of Bally's deal
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Bread & Broth help hundreds enjoy Easter dinner

Bread & Broth help hundreds enjoy Easter dinner
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