Bally's Corp is a leading entertainment and gaming company that operates a diverse portfolio of casinos, hotels, and sports betting platforms across the United States
The company focuses on providing engaging experiences through its gaming offerings, including traditional casino games, sports wagering, and online gaming services. Bally's aims to enhance customer experiences with innovative technology and a commitment to responsible gaming. In addition, the company seeks to expand its presence in the sports entertainment industry, leveraging partnerships and branding to connect with fans and enhance its overall brand portfolio.
The past six months have been a windfall for Bally’s shareholders. The company’s stock price has jumped 52.4%, hitting $17.68 per share. This run-up might have investors contemplating their next move.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Wynn Resorts (NASDAQWYNN) and the best and worst performers in the casino operator industry.
Companies Reporting Before The Bell • Gatos Silver (NYSEGATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million.
Gaming, betting and entertainment company Bally's Corporation (NYSEBALY) fell short of the market’s revenue expectations in Q3 CY2024, with sales flat year on year at $630 million. Its GAAP loss of $5.10 per share was also 3,691% below analysts’ consensus estimates.
Shares of Mesoblast Limited (NASDAQMESO) rose sharply during Monday’s session after the company announced FDA support of an accelerated approval pathway for rexlemestrocel-L in end-stage heart failure patients. Mesoblast shares jumped 13.4% to $2.4399 on Monday.
Chances of MGM Resorts International (NYSEMGM) to win two of the three coveted full-scale casino licenses in New York city has reportedly become complicated after an alleged bookmaking scandal that's unfolding in Las Vegas.
