Bally’s Corporation Intrinsic Value Calculation – Bally’s Corporation Teams Up with Minor League Baseball for Fantasy Gaming and Media Rights

Trending News 🌥️

Bally’s Corporation ($NYSE:BALY), a gaming and entertainment company, has recently teamed up with Minor League Baseball (MiLB) to provide MiLB fans with fantasy gaming and media rights. As part of their partnership, Bally’s will join forces with MiLB to develop an exclusive online fantasy gaming platform that will give users access to an array of MiLB teams and exclusive content. This will also include exclusive video clips and behind-the-scenes footage as well as content on demand. It owns and operates casinos, hotels, and entertainment venues in the United States, as well as a portfolio of gaming and entertainment technologies. Bally’s is listed on the New York Stock Exchange (NYSE) under the ticker symbol “BYC”. The company provides its customers with a variety of casino gaming experiences, ranging from slots and table games to poker, sports betting, and more.

Additionally, it offers a wide range of services, including hotel accommodations, food and beverage options, entertainment programs, and more. The company is confident that this new venture will give them access to an untapped market of baseball fans who can now enjoy their favorite sport in a whole new way. With exclusive video clips and behind-the-scenes footage, this promises to be an exciting opportunity for fans of all ages.

Share Price

The news sent BALLY’S CORPORATION stock up by 2.6% as it opened at $19.2 and closed at $19.5, higher than the previous closing price of 19.0. It will also allow them to utilize MiLB’s broadcast networks and media content. Through the partnership, BALLY’S CORPORATION seeks to expand its current gaming portfolio and offer its customers even more exciting experiences with new products and services. The partnership also includes a plan for BALLY’S CORPORATION to acquire certain media rights for MiLB games, which will open up new revenue streams for both companies.

In addition, the agreement will provide BALLY’S CORPORATION with exclusive access to MiLB branding and logos to help create more immersive and engaging gaming experiences. It will provide BALLY’S CORPORATION with access to new gaming products, broadcast networks and media content, while offering MiLB a new source of revenue and increased exposure to potential customers. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Bally’s Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Bally’s Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Bally’s Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Bally’s Corporation are shown below. More…

Analysis – Bally’s Corporation Intrinsic Value Calculation

At GoodWhale, we are proud to provide comprehensive real-time analysis of publicly traded companies to help investors make informed decisions. Today, we are taking a look at BALLY’S CORPORATION‘s fundamentals. After analyzing the company’s financials, our proprietary Valuation Line estimates that the intrinsic value of BALLY’S CORPORATION share is around $81.9. However, it is currently trading at $19.5, which means it is undervalued by 76.2%. This discrepancy between the intrinsic value and the market price presents an opportunity for investors to add a quality name to their portfolio at a discounted price. More…

Peers

Despite the fierce rivalry, Ballys Corp has managed to remain an industry leader, through its innovative approach to gaming, customer service, and technological advances.

– Century Casinos Inc ($NASDAQ:CNTY)

Century Casinos Inc is a company that operates casinos and gaming venues throughout the world. It has been in operation since 1992 and has grown to become one of the largest gaming operators in the world. As of 2023, Century Casinos Inc has a market capitalization of 263.4 million and a Return on Equity (ROE) of 32.18%. This indicates that the company is efficiently utilizing its resources to generate profit. The company operates several casinos in Europe, Canada, and the United States, including Colorado, Missouri, and West Virginia. It also provides online gaming services via its websites and mobile applications. Century Casinos Inc is committed to providing quality entertainment experiences to its customers and has been investing in technology and new gaming products.

– Boyd Gaming Corp ($NYSE:BYD)

Boyd Gaming Corporation is a leading diversified owner and operator of gaming entertainment properties located in the United States. The company operates a variety of casinos, hotels, and entertainment venues throughout the country. As of 2023, Boyd Gaming has a market cap of 6.38B and a Return on Equity of 36.77%, indicating strong financial performance over the past few years. The company is well positioned to continue to build on its success and capitalize on future growth opportunities.

– Escalade Inc ($NASDAQ:ESCA)

Escalade Inc is a public company that manufactures and markets sporting goods, office products, and home furniture. It has a market capitalization of 168.52M as of 2023, meaning that the total value of all the company’s shares is worth 168.52M. Additionally, Escalade Inc has a Return on Equity (ROE) of 11.14%, which measures how efficiently the company is using its equity to generate profits. This indicates that the company is making good use of its shareholders’ investments and is delivering good returns.

Summary

Bally’s Corporation, an American entertainment and gaming company, has recently announced its strategic partnership with Minor League Baseball (MiLB). With this move, Bally’s hopes to expand its online and retail gaming offerings and diversify its gaming portfolio. Investors are advised to do their own research, as details of the partnership are yet to be announced. From a financial perspective, Bally’s may benefit from the additional revenue streams generated by its partnership with MiLB.

However, the full implications of the deal are yet to be seen.