Bally´s Corporation Announces Preliminary Second Quarter 2021 Results; Updates Financing Plans For Gamesys Acquisition
2 minutos de lectura
(Providence).- Bally's Corporation today provided preliminary unaudited financial results for the three-month period ending June 30, 2021. Bally's also updated its financing plans for its previously announced acquisition of Gamesys Group plc.
For the three-month period ending June 30, 2021, Bally's estimates that total consolidated revenue will be in the range of $258 to $268 million, with Adjusted EBITDA in the range of $80 to $84 million. This is compared to total consolidated revenue of $28.9 million and Adjusted EBITDA of negative $10.7 million for the second quarter of 2020.
As a result of better than expected operating performance at its land-based retail casinos and interactive businesses, Bally's does not plan to issue incremental common equity or draw on the previously disclosed Gaming and Leisure Properties, Inc. commitment to fund the Gamesys acquisition. Bally's continues to evaluate investment options with potential strategic partners and such investment is not necessary to fund the Gamesys acquisition.
Consistent with U.K. regulatory requirements, Bally's arranged bridge financing for the Gamesys transaction from Deutsche Bank AG, London Branch, Goldman Sachs USA and Barclays Bank PLC. Bally's intends to seek to refinance the bridge facility and its and Gamesys' debt through one or more capital market transactions, which are currently expected to include public or private bond offerings and a company-wide bank credit facility.
Categoría:Gaming
Tags: Sin tags
País: United States
Event
ICE Barcelona 2026
19 de January 2026
Daniel De Los Ríos on Amusnet’s ICE Barcelona 2026 Experience and LATAM Growth Plans
(Barcelona, SoloAzar Exclusive).- The Head of Commercial and Marketing in LATAM at Amusnet shares insights on the company’s latest innovations, industry trends, and strategic goals for 2026.
Thursday 05 Feb 2026 / 12:00
Tomás Galarza: "This edition of ICE was especially relevant for ASAP"
(Barcelona, SoloAzar Exclusive). Following his participation in ICE Barcelona 2026, Tomás Galarza, a Political Science graduate and foreign trade expert at ASAP, shares his insights on global trends, international business opportunities, and the company's strategic priorities for this year.
Wednesday 04 Feb 2026 / 12:00
Win Systems Expands Presence in Spain and Highlights Route Operations at ICE 2026
(Barcelona).- At ICE 2026 in Barcelona, Win Systems showcased its innovative gaming solutions for the Spanish market, emphasizing Player Tracking, Win Pay, and route operations to enhance operator performance and player engagement.
Wednesday 04 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.