Bally's Corporation Completes Merger With The Queen Casino & Entertainment (Standard General)
February 7, 2025
Bally's Corporation completed its previously announced merger with The Queen Casino & Entertainment Inc., which is majority-owned by funds managed by Standard General L.P. Queen shareholders received a combination of stock and cash consideration under the merger agreement. The cash consideration was financed by $500 million of senior secured notes provided exclusively by funds managed by Apollo.
- Buyers
- Bally's Corporation
- Targets
- The Queen Casino & Entertainment Inc.
- Sellers
- Standard General L.P. (majority owner via funds managed by Standard General)
- Industry
- Media & Entertainment
- Location
- Rhode Island, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Bally's Corporation Acquires Sam's Town Shreveport from Boyd Gaming
August 7, 2026
Media & Entertainment
Bally's Corporation has completed its acquisition of Sam's Town Shreveport from Boyd Gaming, adding the established gaming and hospitality property to Bally's regional portfolio in Louisiana. The property will be re-branded under the Bally's name in the near future, following Louisiana Gaming Control Board approval.
-
Intralot S.A. Acquires Bally’s International Interactive Business
October 9, 2025
Cloud & SaaS
Intralot S.A. agreed to acquire Bally’s International Interactive (Bally’s International Interactive business) for an enterprise value of €2.7 billion in a cash-and-shares transaction. The consideration includes €1.53 billion cash plus €1.136 billion of newly issued Intralot shares. The deal was later completed, creating a global gaming technology and services company spanning lottery and digital online gaming, with Bally’s becoming Intralot’s majority shareholder.
-
Regent Affiliate Acquires Bally from JAB
August 15, 2024
Consumer Products
An affiliate of Regent has acquired Bally International A.G., the Swiss luxury footwear and accessories company, from JAB. The deal transfers ownership of the 170+-year-old heritage brand to Regent as it looks to expand its luxury and retail portfolio.
-
Blackstone Acquires Crown Resorts
June 24, 2022
Restaurants & Hospitality
Blackstone has completed the acquisition of Crown Resorts Limited, acquiring three integrated resort and casino properties in Melbourne, Perth and Sydney in the firm's largest Asia Pacific transaction. Blackstone said it will work with Crown's management and employees to transform the properties into world-class entertainment destinations, improve compliance and governance, and support the Australian tourism recovery; Crown employs roughly 20,000 people.
-
Bally's Corporation Acquires Telescope Inc. from H.I.G. Growth Partners
August 12, 2021
Media & Entertainment
Bally's Corporation has acquired Telescope Inc., a provider of real-time fan engagement and interactive livestreaming solutions, from H.I.G. Growth Partners. The deal will integrate Telescope's audience engagement technology into Bally's Interactive, Bally Bet and Bally Sports to expand digital capabilities and attract younger audiences.
-
Bally's Corporation Acquires Bet.Works
November 18, 2020
Cloud & SaaS
Bally's Corporation agreed to acquire Bet.Works, a U.S. sports betting and iGaming platform provider, for $125 million (half paid in Bally's common stock). The acquisition brings Bet.Works' ~130 employees and proprietary technology into Bally's Interactive to create a vertically integrated omni-channel sports betting and iGaming business; closing was expected in Q1 2021 pending regulatory approvals.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.