With Diamond in Bankruptcy, Antitrust Law’s Long Reach Looms
Diamond Sports Holdings has filed for Chapter 11 bankruptcy, just before a 30-day grace period to make a $140 million debt payment expired on Thursday. The move begins…
Bally’s Corp.
Diamond Sports Files for Bankruptcy; Diamondbacks Owed $30 Million
Diamond Sports Holdings, owner of 19 regional sports networks, filed for Chapter 11 bankruptcy protection. The company said in a press release Tuesday it is nearing a…
Bally’s Chair Expects Online Gaming Consolidation Amid Bear Market
The New York Post recently reported that Wynn Resorts is “quietly shopping” its online sports betting (OSB) business. According to the Post’s source, the company, is…
Bally’s Corp. Chairman’s Hedge Fund Makes $2.07 Billion Takeover Offer
New York hedge fund Standard General, founded by Bally’s Corp. chairman Soohyung Kim, has offered to buy the rest of the casino and gambling company’s outstanding shares…
Exclusive
Bally’s, Sportradar Agree on Five-Year Sports Betting Partnership
Bally’s Corp. has signed a five-year partnership with Sportradar that will give the company’s gambling platforms access to Sportradar’s sportsbook technology, and with…
Bally’s AVP Purchase Strengthens Sports and Betting Convergence
Bally’s Corp. recently announced the acquisition of the Association of Volleyball Professionals (AVP). On the surface, the gaming company seems to be a curious steward…
Bally’s Buys Monkey Knife Fight in $90 Million Stock Deal
Bally’s is buying fantasy sports company Monkey Knife Fight in an all-stock deal worth roughly $90 million, the company’s latest acquisition to improve its position in…
Sinclair, Bally’s Place Big Bets on Each Other
The New York Post reported Wednesday evening that Sinclair Broadcast Group (SBGI) sold the 10-year naming rights to 21 of the regional sports networks it acquired from…
Bally’s Buys Sinclair RSN Naming Rights As Part of Sports Betting Push
Bally’s Corp. has acquired naming rights to 21 of the regional sports networks purchased last year by Sinclair Broadcast Group, part of the gambling operator’s wider…
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