Robeson Reeves, Bally’s CEO, said:
“The addition of four complementary properties through this merger to our existing 15 domestic casino properties will add further geographic and market diversity to our portfolio. With QC&E’s development pipeline recently completed or already well underway, we see a path toward additional revenue and EBITDAR growth and value accretion as those projects are completed in 2025. We look forward to bringing our ultimate vision to bear and to working closely with the Standard General team to execute that vision.”
Standard General LP’s acquisition of Bally’s Corporation is a key milestone in its strategic expansion goals as a firm. In addition to diversifying Bally’s geographic and market presence, the new merger will also enhance its development pipeline in the future.
