About Bally's
Bally's is a company based in Providence (United States) founded in 2004 was acquired by Standard General in July 2024.. The company has 10,000 employees as of December 31, 2024. Bally's has completed 7 acquisitions, including Association of Volleyball Professionals, Degree 53 and Degree53 Gaming.
- Headquarter Providence, United States
- Employees 10000 as on 31 Dec, 2024
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bally's Corporation
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Annual Revenue
$2.45 B0.06as on Dec 31, 2024
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Net Profit
$-567.75 M-202.8as on Dec 31, 2024
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EBITDA
$438.21 M36.76as on Dec 31, 2024
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Latest Funding Round
$83.15 M (USD), Post-IPO
Mar 07, 2025
- Investors
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Employee Count
10000
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
Standard General
(Jul 25, 2024)
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IPO & Listings of Bally's
Bally's is a publicly listed company on the NYSE with ticker symbol BALY in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
30 people
Software Development Team
18 people
Sales and Marketing
12 people
Finance and Accounting
12 people
Legal and Compliance
10 people
Human Resources and Administration
8 people
Product Management Team
6 people
Operations Team
3 people
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Funding Insights of Bally's
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $83.2M
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First Round
First Round
(07 Mar 2025)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Post-IPO - Bally's | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bally's
Bally's has secured backing from 1 investor. Prominent investors backing the company include Standard General. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bally's
Bally's has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Association of Volleyball Professionals, Degree 53 and Degree53 Gaming. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-sports fantasy platform is provided for player-based competitions.
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2018 | ||||
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Application development and digital marketing services are provided.
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2013 | ||||
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Gambling and sports betting services are provided by Degree 53.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ballys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bally's Comparisons
Competitors of Bally's
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bally's
Frequently Asked Questions about Bally's
When was Bally's founded?
Bally's was founded in 2004 and raised its 1st funding round 21 years after it was founded.
Where is Bally's located?
Bally's is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
Who is the current CEO of Bally's?
Robeson Reeves is the current CEO of Bally's.
How many employees does Bally's have?
As of Dec 31, 2024, the latest employee count at Bally's is 10,000.
What is the annual revenue of Bally's?
Annual revenue of Bally's is $2.45B as on Dec 31, 2024.
What does Bally's do?
Ballys was established in 2004 and is based in Providence, United States. Operations focus on the online gaming sector, where casino services including slots, table games, and betting options are offered through digital platforms. The company serves users across various regions, with leadership directed by CEO Robeson Reeves. Expansion into interactive entertainment has been pursued to address market demands in regulated jurisdictions.
Is Bally's publicly traded?
Yes, Bally's is publicly traded on NYSE under the ticker symbol BALY.
How many acquisitions has Bally's made?
Bally's has made 7 acquisitions, including Association of Volleyball Professionals, Degree 53, and Degree53 Gaming.
Who are Bally's's investors?
Bally's has 1 investor. Key investors include Standard General.
What is Bally's's ticker symbol?
The ticker symbol of Bally's is BALY on NYSE.
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