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Bally’s Corporation ( (BALY) ) has provided an announcement.
On July 17, 2025, Bally’s Chicago Operating Company, LLC, a subsidiary of Bally’s Corporation, entered into an amended lease agreement and development agreement with GLP Capital, L.P. for the construction of a permanent casino and resort in Chicago. The agreements involve GLP advancing up to $940 million for construction costs, with Bally’s Chicago OpCo paying increased rent as part of the lease terms. These agreements include various conditions and covenants, impacting Bally’s operational commitments and financial arrangements related to the project.
The most recent analyst rating on (BALY) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
Spark’s Take on BALY Stock
According to Spark, TipRanks’ AI Analyst, BALY is a Neutral.
Bally’s Corporation’s overall score reflects its financial challenges, notably negative profitability and high leverage, which weigh heavily on the stock. While there are positive signs in technical analysis and growth in specific segments, valuation concerns and operational headwinds in key areas temper the outlook. Improvement in financial performance and strategic execution are critical for enhancing the stock’s attractiveness.
To see Spark’s full report on BALY stock, click here.
More about Bally’s Corporation
Bally’s Corporation operates in the gaming and entertainment industry, focusing on developing and managing casinos and resorts. The company aims to expand its market presence through strategic partnerships and property developments.
Average Trading Volume: 110,010
Current Market Cap: $480.3M
See more insights into BALY stock on TipRanks’ Stock Analysis page.