BALY Bally's Corporation

The past six months have been a windfall for Bally’s shareholders. The company’s stock price has jumped 43.7%, hitting $14.00 per share. This performance may have investors wondering how to approach the situation.

The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead. They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the consumer discretionary - casino operator stocks, including Bally's (NYSE:BALY) and its peers.

The Wall Street Journal reported that Bally’s Corporation (NYSE:BALY) is facing mounting financial strain as it pursues an aggressive expansion strategy after the casino operator disclosed “substantial doubt” about its ability to continue as a going concern without securing new financing. It noted the risk of violating liquidity and leverage requirements within a year. Bally’s […]

Shares of gaming, betting and entertainment company Bally's Corporation (NYSE:BALY) jumped 9% in the afternoon session after the company announced it secured new financing led by WhiteHawk Capital Partners to fund the development of the Bally's Bronx project and for general corporate purposes. According to the company’s press release, the financing package includes $400 million in closing date term loan commitments and $160 million in delayed draw term loan commitments. Bally's plans to direct t

Plus, Brasfield & Gorrie, Granite and Skanska nab civil contracts and Suffolk promotes execs in Florida.

Hitting a new 52-week low can be a pivotal moment for any stock. These floors often mark either the beginning of a turnaround story or confirmation that a company faces serious headwinds.

Shares of gaming, betting and entertainment company Bally's Corporation (NYSE:BALY) fell 11.5% in the afternoon session after the company announced that Executive Vice President and Chief Financial Officer Mira Mircheva is stepping down for personal reasons. According to the company’s press release, Mircheva's departure is effective September 4, 2026, though she will remain with the company through September 30, 2026. The board of directors appointed Bally's President George Papanier to serve as

Navigating liquidity issues, a showdown with Chicago over video gambling terminals and a dispute with contractors at its $1.7 billion casino construction site, Bally’s is facing a new challenge: replacing its chief financial officer. Bally’s announced the departure Thursday of Mira Mircheva, who is stepping down as CFO effective immediately for “personal reasons,” according to a news release. ...

Bally has been piling its chips higher than ever on a bet that bricks-and-mortar casinos can thrive even as gambling moves onto phones and computer screens. Earlier this month, the global casino operator gave investors a big scare about whether its heavily leveraged balance sheet could support major developments in New York, Chicago and Las Vegas.

Most consumer discretionary businesses succeed or fail based on the broader economy. Unfortunately, the industry’s recent performance suggests demand may be slowing as discretionary stocks’ 4.5% return over the past six months has trailed the S&P 500 by 7.1 percentage points.

Check out the companies making headlines this week:

Shares of gaming, betting and entertainment company Bally's Corporation (NYSE:BALY) jumped 11.6% in the afternoon session after the stock continued to rally as reports revealed that the company is weighing a sale of development rights for its roughly $1.1 billion mixed-use project around the Athletics’ future Las Vegas ballpark. According to the Las Vegas Review-Journal, an unnamed buyer has expressed interest in the 26-acre former Tropicana site, with any deal needing to land before a Las Vegas

Bally's raised substantial doubt about its ability to continue as a going concern, citing its debt burden and pursuing financing alternatives.

Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.

Wall Street has issued downbeat forecasts for the stocks in this article. These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.

CHICAGO — Days after pausing construction on nearly all non-gaming amenities at its $1.7 billion casino complex going up in River West, Bally’s Corporation issued a going concern warning related to liquidity issues. The warning, part of Bally’s second quarter earnings filing Friday with the Securities and Exchange Commission, states that the Rhode Island-based company is pursuing “a number of ...

A going concern warning just erased nearly a third of Bally's market value in a single session, and with billions in debt, a stalled Chicago construction site, and multiple capital commitments in play, the clock on finding a lifeline is ticking loudly.

Melco (MLCO) delivered earnings and revenue surprises of 0.00% and -2.93%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Bally’s pauses most Chicago casino construction as a video gambling dispute clouds the $1.7B project’s future and investor outlook.

The casino giant contends the city’s recent approval of betting terminals at other sites goes against its 2022 Host Community Agreement.

Take-Two (TTWO) delivered earnings and revenue surprises of +16.13% and +2.30%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

GLPI reports strong Q2 2026 with 10% AFFO growth, a 5% dividend increase, and a robust development pipeline, while navigating rising interest rates and iGaming uncertainties.

Gaming and Leisure Properties (NASDAQ:GLPI) reported second-quarter 2026 growth in adjusted funds from operations, or AFFO, as acquisitions, lease escalators and development funding increased cash income. Chairman and Chief Executive Officer Peter Carlino said AFFO rose 10% from a year earlier and d

Shares of gaming, betting and entertainment company Bally's Corporation (NYSE:BALY) jumped 4.8% in the afternoon session after Truist Securities raised its price target on the stock to $15.00 from $13.00, while maintaining a 'Hold' rating. The action reflects a cautiously optimistic outlook on Bally's future performance. The price target increase of over 15% suggests that analysts see potential for growth. However, the maintained "Hold" rating indicates they do not recommend aggressive buying or