Financing And FundingBally's announced it will receive $2.07B from GLPI, in the form of financing and proceeds from sale leasebacks, to begin the development of the Chicago permanent facility.
Merger And AcquisitionThe merger will combine Bally's with Queen Casino & Entertainment and expands Bally's Casino & Resorts segment to 19 facilities across 11 US states.
Stock PerformanceThe cash offer represents a 71% premium over the 30-day volume weighted average price.