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The transaction is expected to be accretive to Bally's shareholders long-term and will require no cash outlay from Bally's at closing. Bally's and GLPI have agreed to use commercially reasonable efforts to negotiate and enter into definitive documents with respect to these transactions as promptly as practicable in order to fully reflect the contemplated terms. The Strip is visited by over 40 million players and guests per year, which we believe will significantly enhance Bally's customer https://digitales.com.au/blog/wp-content/custom/general-motors-and-the-affecting-factors-of/legend-of-neal.php and player database, as well as unlock marketing opportunities to leverage the iconic Bally's brand.

This who is officer401 will also support the growth and development of our online and whl business. We look forward to exploring significant redevelopment of the property, which we believe will enhance its financial profile.

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It includes 1, guest rooms, 50, square feet of casino space with 1, gaming positions, a 1, seat performance theater andsquare feet of convention and meeting space. The transaction is expected to close in earlysubject to customary real estate and working capital adjustments, receipt of required regulatory approvals and other customary closing conditions.

Bally's Who is officer401 currently owns and manages 12 casinos across eight states, a horse racetrack and 13 authorized OTB licenses in Colorado. With more than 6, employees, the Company's operations include 13, slot machines, game tables and 3, hotel rooms. Bally's also maintains a multi-year market access partnership with Elite Casino Resorts through which it will provide mobile sports betting in Iowa, as well as a temporary sports wagering permit to conduct online sports betting in the Commonwealth of Virginia. This document who is officer401 forward-looking statements within the meaning of the securities laws. Forward-looking statements are statements as to matters that are not historical facts, and include statements about Bally's plans, objectives, expectations and intentions.

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Forward-looking statements are not guarantees and are subject to risks and uncertainties. Forward-looking statements are based on Bally's current expectations and assumptions. Although Bally's believes that its expectations and assumptions are reasonable at this time, they should not be regarded as representations that Bally's expectations will be achieved. Actual results may vary materially. Forward-looking statements speak only as of the time of this document and Bally's does not undertake to update or revise them as more information becomes available, except as required by law.

Important factors beyond those that apply to most businesses, some of which who is officer401 beyond Bally's control, that could cause actual results to differ materially from our who is officer401 and assumptions include, without limitation:.

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The foregoing list of important factors is not exclusive and does not who is officer401 matters like changes in general economic conditions that affect substantially all gaming businesses. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! Serious News for Serious Traders! Try StreetInsider.]

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