{"id":128,"date":"2024-06-15T01:12:48","date_gmt":"2024-06-14T22:12:48","guid":{"rendered":"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/"},"modified":"2024-06-17T12:57:54","modified_gmt":"2024-06-17T09:57:54","slug":"ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal","status":"publish","type":"post","link":"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/","title":{"rendered":"Ballys To Acquire Gamesys In A Multi-Billion Dollar Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/orANflfTLQM\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Ballys Corporation has entered into an agreement to purchase Gamesys, a game development studio, at a price that represents a sizable premium over its market value.  Premier Entertainment, a Bally&#8217;s subsidiary, will manage the consolidation and supply the funding for this all-cash purchase under the terms of the agreement, which was finalized last month.<\/p>\n<p>Gamesys stockholders will receive a price of \u00a318.50 per share as part of the transaction, which is a considerable gain of almost 14.4% over their closing price on March 23rd. This offer from Bally&#8217;s, which was first presented in January at \u00a313.30 per share, constitutes a sizable 41.2% premium.<\/p>\n<p>Neil Goulden, the chairman of Gamesys, stated his belief that the merger will be successful and emphasized the significant financial advantages it will offer to shareholders. He stressed that Bally&#8217;s offer, which includes Gamesys&#8217; final dividend, significantly exceeds both their first offer and Gamesys&#8217; prior share price history.<\/p>\n<p>Soo Kim, the chairman of Bally&#8217;s, shared this viewpoint and stated that this purchase is a critical step in their strategic change into a top omnichannel gaming company. He thinks that Gamesys&#8217; [The provided text ends abruptly here] <\/p>\n<p>The amalgamation will unite a &#8220;highly esteemed and seasoned management team&#8221; with a &#8220;strong technological base.&#8221; This, coupled with Bally&#8217;s current foothold in the American market, will enable the unified entity to leverage the immense expansion possibilities of the US sports wagering and internet gaming sector.<\/p>\n<p>If the amalgamation is not finalized by the cutoff date of September 9, 2021, the Gamesys board plans to announce a subsequent interim payout, the initial being 28 pence per share, the latter being 15 pence per share.<\/p>\n<p>Bally&#8217;s indicated in an announcement that it observes the US digital gaming market broadening and posits that an agreement with an established American firm will permit it to exploit this growth.<\/p>\n<p>Bally&#8217;s contends that &#8220;this amalgamation presents an attractive strategic and fiscal prospect to enhance our client offerings and encounters.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ballys Corporation has entered into an agreement to purchase Gamesys, a game development studio, at a price that represents a sizable premium over its market value. Premier Entertainment, a&hellip;<\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bally<\/title>\n<meta name=\"description\" content=\"Bally\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ballys To Acquire Gamesys In A Multi-Billion Dollar Deal\" \/>\n<meta property=\"og:description\" content=\"Bally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Your Gateway to a World of Licensed Online Casino Entertainment\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T22:12:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T09:57:54+00:00\" \/>\n<meta name=\"author\" content=\"Abigail &quot;Astra&quot; Reyes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abigail &quot;Astra&quot; Reyes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/\",\"url\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/\",\"name\":\"Bally\",\"isPartOf\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-14T22:12:48+00:00\",\"dateModified\":\"2024-06-17T09:57:54+00:00\",\"author\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#\/schema\/person\/ab6aa937f081d2e8d0df2e05267a094f\"},\"description\":\"Bally\",\"breadcrumb\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/15\/ballys-to-acquire-gamesys-in-a-multi-billion-dollar-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/secretnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ballys To Acquire Gamesys In A Multi-Billion Dollar Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/secretnodepositbonuscodes.icu\/\",\"name\":\"Your Gateway to a World of Licensed Online Casino Entertainment\",\"description\":\"Experience the thrill of licensed online gambling with our up-to-date news, in-depth reviews, and expert articles. 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