StreetInsider.com News Articles

Bally's CFO resigns; president named interim replacement

Thu, 03 Sep 2026 16:15:15 -0400

Bally's Corporation (NYSE: BALY) announced that Chief Financial Officer Mira Mircheva has resigned for personal reasons, with her departure effective September 4, 2026. She will remain with the company through September 30, 2026, to assist with the transition.

The company's board of directors has appointed George Papanier, who serves as President of Bally's, to the role of Interim CFO effective September 4, 2026. Papanier will retain his current position as President and his seat on the board. Bally's has begun a search for a permanent CFO.

Papanier is a Certified Public Accountant with more than 40 years of gaming industry experience. He

Bally's CFO resigns; president named interim replacement

Thu, 03 Sep 2026 16:15:15 -0400

Papanier is a Certified Public Accountant with more than 40 years of gaming industry experience. He

Bally’s Corporation Announces CFO Transition and Commences Search for Permanent Successor

Thu, 03 Sep 2026 16:15:00 -0400

Bally’s Appoints Gaming Industry Veteran and President, George Papanier, to Serve as Interim CFO

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally's Corporation (NYSE: BALY) announced today that Executive Vice President and Chief Financial Officer, Mira Mircheva, has notified the Company of her intent to resign her positions of Executive Vice President and Chief Financial Officer. Ms. Mircheva is leaving Bally’s for personal reasons and while her resignation is effective September 4, 2026 she will remain with the Company through September 30, 2026, to ensure a seamless leadership transition.

To lead the financial organization during this transition, the Board of Directors has

Bally’s Corporation Announces CFO Transition and Commences Search for Permanent Successor

Thu, 03 Sep 2026 16:15:00 -0400

Bally’s Appoints Gaming Industry Veteran and President, George Papanier, to Serve as Interim CFO

To lead the financial organization during this transition, the Board of Directors has

Bally’s Corporation Announces CFO Transition and Commences Search for Permanent Successor

Thu, 03 Sep 2026 16:15:00 -0400

Bally’s Appoints Gaming Industry Veteran and President, George Papanier, to Serve as Interim CFO

To lead the financial organization during this transition, the Board of Directors has

Bally’s Corporation Announces CFO Transition and Commences Search for Permanent Successor

Thu, 03 Sep 2026 16:15:00 -0400

Bally’s Appoints Gaming Industry Veteran and President, George Papanier, to Serve as Interim CFO

To lead the financial organization during this transition, the Board of Directors has

Bally's Corp (BALY) PT Lowered to $11 at Macquarie

Fri, 21 Aug 2026 05:15:54 -0400

Macquarie analyst Chad Beynon lowered the price target on Bally's Corp (NYSE: BALY) to $11.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "• While BALY has several attractive projects (Chicago, NYC, Las Vegas), we believe investor focus will remain on the financing side and the "going concern" language in the 10Q filing. BALY did highlight a non-binding term sheet for a pre-construction loan and a LOI with a potential equity investor for the NYC project and mgmt remains confident it can raise capital. We remain constructive on the underlying asset base, but believe a clearer path toward balance

Bally's Corp (BALY) PT Lowered to $11 at Macquarie

Fri, 21 Aug 2026 05:15:54 -0400

Macquarie analyst Chad Beynon lowered the price target on Bally's Corp (NYSE: BALY) to $11.00 (from $13.00) while maintaining a Neutral rating.

Bally's Corp (BALY) PT Lowered to $10; Truist Securities: 'Mixed results amidst a "going concern"'

Wed, 19 Aug 2026 09:20:40 -0400

(Updated - August 19, 2026 9:20 AM EDT)

Truist Securities analyst Barry Jonas lowered the price target on Bally's Corp (NYSE: BALY) to $10.00 (from $15.00) while maintaining a Hold rating.

The analyst commented: "Mixed results amidst a "going concern"; BALY reported a mixed Q2 with total net revenues in line and EBITDAR missing the Street by 3% on Intralot B2C (UK tax-related headwinds). Most notable was new 10Q 'going concern' risk language. This may be resolved soon as BALY pursues financing for its NY project, but it is not a good look and is rarely seen across our coverage. Depending on

Bally's Corp (BALY) PT Lowered to $10; Truist Securities: 'Mixed results amidst a "going concern"'

Wed, 19 Aug 2026 09:20:40 -0400

(Updated - August 19, 2026 9:20 AM EDT)

Truist Securities analyst Barry Jonas lowered the price target on Bally's Corp (NYSE: BALY) to $10.00 (from $15.00) while maintaining a Hold rating.

Gaming and Leisure (GLPI) Reiterated at Market Outperform by Citizens

Wed, 19 Aug 2026 04:14:49 -0400

Citizens analyst Mitch Germain reiterated a Market Outperform rating and $55.00 price target on Gaming and Leisure (NASDAQ: GLPI).

The analyst commented, "Gaming & Leisure Properties continues to serve as a financing solution for its partners, and we see no near-term risk to funding commitments and rent collections, despite some ongoing financial challenges related to its second-largest tenant, Bally’s (NYSE: BALY, MP Jordan Bender)...Overall, we believe GLPI’s earnings will benefit from a $1.4B pipeline of funding commitments, contributing to more than 6% growth in 2026, rents have proven durable with no credit defaults, while leverage is low from a historical level,

Gaming and Leisure (GLPI) Reiterated at Market Outperform by Citizens

Wed, 19 Aug 2026 04:14:49 -0400

Citizens analyst Mitch Germain reiterated a Market Outperform rating and $55.00 price target on Gaming and Leisure (NASDAQ: GLPI).

Bally's Corp (BALY) PT Lowered to $7 at Barclays

Wed, 19 Aug 2026 03:21:07 -0400

Barclays analyst Brandt Montour lowered the price target on Bally's Corp (NYSE: BALY) to $7.00 (from $8.00) while maintaining a Underweight rating.

Stifel on Bally's Corp (BALY): 'expect shares to continue to trade mainly on development project cost & financing updates'

Mon, 17 Aug 2026 12:06:28 -0400

Stifel analyst Jeffrey Stantial reiterated a Hold rating and $13.00 price target on Bally's Corp (NYSE: BALY)

The analyst comments "BALY reported a -3% Q2 Adj. EBITDAR miss, largely reflecting mis-modeled U.K. tax hike impact with other segments solidly ahead. Notably, the Casinos & Resorts segment beat Consensus for the first time in five quarters, with Adj. EBITDAR growth encouragingly inline with peers and stable/improving Q3TD. Overshadowing results was a new going concern risk factor in the 10-Q flagging non-compliance with liquidity & target leverage covenants. Management expects to re-gain compliance before the end of the waiver period following completion of

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year
Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility
Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business
North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1

Bally’s Corporation Reports Second Quarter 2026 Results

Fri, 14 Aug 2026 16:15:00 -0400

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights

Consolidated revenue of $792.2 million increased 20.5% year-over-year

Casinos & Resorts revenue of $401.0 million, up 2.0% year-over-year benefitting from landside move of Bally’s Baton Rouge and Bally’s Marquette, as well as strong growth at Bally’s temporary Chicago facility

Bally's Intralot B2C revenue of $243.5 million, up 22.3% year-over-year driven by strong revenue growth in the UK, as well as the addition of Intralot's B2C business

North America Interactive revenue of $66.1