PROVIDENCE, RI, February 22, 2022 /PRNewswire/ — Bally’s Corporation (NYSE: BALY) today announced a number of notable achievements regarding the company’s long-term environmental, social and governance (ESG) strategy. Among these is the creation by the Board of Directors of a formal committee that will oversee the further development of Bally’s ESG initiatives (the “ESG Committee”). Robeson Reeves, President Interactive, will chair the ESG committee, which will also include Soo KimPresident of the council, Lee FentonCEO of Bally, and Wanda Y. Wilsonindependent director of Bally’s since 2019. The ESG Committee will be responsible for continuing to formulate ESG strategies and objectives, identify and assess ESG risks and impacts, and oversee ESG practices at Bally’s.
In addition, Bally’s recently completed a company-wide sustainability audit, which will help shape its long-term ESG strategy. As part of this strategy, Bally’s is preparing this quarter to release its Accounting Standards Board sustainability metrics for fiscal year 2021, detailing the company’s continued focus on environmental excellence, strong governance and safe operations. Starting next quarter, Bally’s will begin reporting under the United Nations Social Development Goals.
Robeson Reeves, Interactive Chairman and ESG Committee Chair, said, “Bally’s is committed to expanding its role as a responsible leader in the gaming industry, serving as an equal partner in the communities in which we operate and providing transparency to our investors. and other stakeholders on ESG topics. Our recent accomplishments represent important first steps towards achieving this goal, and I look forward to providing updates as further progress is made. »
In addition to the aforementioned achievements, Bally’s has also enhanced its responsible gaming platform, earning the highest rating in the GamCare Safer Gaming Standard and launching the “Game in Good Hands” customer promise of a portfolio of brands. trustworthy, rewarding and responsible. Bally’s has also pledged, as part of its ongoing support of local and national nonprofits, to increase funding for the Bally’s Foundation, which has donated more than $3 million in 2021 to programs aimed at to cure mental illnesses.
About Bally’s Corporation
Bally’s Corporation is a global casino entertainment company with a growing omnichannel presence of online sports betting and iGaming offerings. It currently owns and operates 14 casinos in 10 states, a racetrack in Colorado and has access to OSB licenses in 16 states. It also owns Gamesys Group, a leading global online gaming operator, Bally Interactive, a premier sports betting platform, Monkey Knife Fight, the fastest growing daily fantasy sports site in North AmericaSportCaller, a leading global provider of B2B free games, and Telescope Inc., a leading provider of real-time fan engagement solutions.
With approximately 10,000 employees, the company’s casino operations include over 15,800 slot machines, 500 table games and 5,300 hotel rooms. Upon closing of the previously announced Tropicana Las Vegas (NV) transaction, as well as the completion of construction of a land-based casino near the Nittany Mall in State College, Pennsylvania, Bally’s will own and operate 16 casinos in 11 States. Its shares trade on the New York Stock Exchange under the symbol “BALY”.
Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements can generally be identified by the use of words such as “anticipate”, “believe”, “expect”, “intend”, “plan” and “will” or, in each case , their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Accordingly, these statements are not guarantees of future performance and actual events may differ materially from those expressed or implied by the forward-looking statements. Any forward-looking statements made by Bally’s in this press release, its reports filed with the Securities and Exchange Commission and other public statements made from time to time speak only as of the date on which they were made. New risks and uncertainties arise from time to time, and it is impossible for Bally’s to predict or identify all of these events or how they may affect it. Bally’s is under no obligation and does not intend to update any forward-looking statements after the date hereof, except as required by federal securities laws. Factors that could cause these differences include those included in Bally’s annual reports on Form 10-K, quarterly reports on Form 10-Q and other reports filed by Bally’s with the SEC. These statements constitute Bally’s caveats under the Private Securities Litigation Reform Act of 1995.
Senior Vice President – Finance and Investor Relations
Richard Goldman/David Gill
646-847-6102 / 917-842-5384
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SOURCE Bally’s Corporation