Bally's Corporation awarded online sports betting license in New York

Bally’s Corporation has been awarded one of nine licenses to conduct online sports betting in the State of New York. This license provides Bally's with significant opportunities to showcase its sports betting platform and augment its player database. 

"Bally's is pleased to have been awarded an online sports betting license from the State of New York -- the most populous state to enable OSB -- and would like to thank the New York State Gaming Commission for including Bally's in this exciting endeavor”, said Soo Kim, Chairman of Bally's Corporation's Board of Directors. “This license advances our overall market footprint and marks the latest milestone on our journey towards becoming the leading omni-channel gaming provider in the U.S. Above all, we look forward to providing New York's devoted fan base with engaging, best-in-class, sports betting experiences." 

This announcement marks Bally’s Corporation’s first step into the attractive New York gaming market, expanding the Company's national presence into 16 states once all pending acquisitions are completed, including Arizona, Colorado, Delaware, Illinois, Iowa, Kansas, Louisiana, Missouri, Mississippi, New Jersey, Nevada, Pennsylvania, Rhode Island and Virginia. Such market access and licensure are subject to legalization and required approvals by regulatory authorities in each jurisdiction.