- Financial growth in Bally’s Corporation has been evident since its IPO. However, as the pandemic hurt its operations, its sales and earnings suffered.
- In less than a year since the first payout, the dividends were cut short as the company sought assistance from its revolving credit facility.
- After a five-month pause, the trading resumed with a moderate to high volatility in the bullish stock price.
- As more businesses are gradually reopening, matched with its timely acquisition and partnerships, the company may do better this quarter and see a substantial increase in FY 2021.
For further details see:
Bally's Corporation: An Attempt To Turn The Tide Of This Invisible Game