Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it had discontinued the offering of $250 million of its tangible equity units ("Units") and instead is pursuing a possible private offering of equity-linked securities to a potential strategic investor who made an unsolicited offer.

Combination Is Consistent with Companies' Long-Term Growth Strategies and Positions Bally's for Sustained Value Creation

Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it has commenced concurrent public offerings, subject to market and other conditions, of $600 million of its common stock and $250 million of its tangible equity units ("Units").

Property Represents Company's First Las Vegas Asset with Significant Online Gaming Exposure
Expected To Be Accretive To Bally's Shareholders Long-Term; Requires No Cash Outlay at Closing from Bally's
Transaction Expected To Offer Cross Marketing Opportunities and Bolster Bally's Robust Customer Database

MARCH REVENUE ACCELERATION SETS STAGE FOR STRONG 2021

BALLY’S CORPORATION ANNOUNCES AGREEMENT WITH SINCLAIR BROADCAST GROUP TO COLLABORATE ON PROGRAMMING CONTENT ON RECENTLY REBRANDED REGIONAL SPORTS NETWORKS AND OTHER PLATFORMS Advances Transformational Partnership With Live Sports and Other Interactive Programming Opportunities Across Nationally Distributed Media Platforms Supports Launch of Bally Bet App ...

Seeks to Engage Richmonders to Ensure Best Representation of Their Interests and Values

Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it has completed the previously announced acquisition of MontBleu Resort Casino & Spa ("MontBleu") from Caesars Entertainment, Inc. (NASDAQ: CZR).

RVA-Focused Project Will Support Local Businesses and Stimulate Economic Activity
Strategic Community Partnerships and Innovative Development Programs Will Foster Alliance with Greater RVA Community

Marks Company's Entry Into High-Growth Daily Fantasy Sports Market
Advances Bally's Strategic Diversification Initiative