{"id":387586,"date":"2020-11-24T08:03:52","date_gmt":"2020-11-24T13:03:52","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=387586"},"modified":"2020-11-24T08:03:52","modified_gmt":"2020-11-24T13:03:52","slug":"ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\/","title":{"rendered":"Bally&#8217;s Corporation Announces Partnership With Elite Casino Resorts To Launch Mobile Sportsbook In Iowa"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PROVIDENCE, R.I.<\/span>, <span class=\"xn-chron\">Nov. 24, 2020<\/span> \/PRNewswire\/ &#8212; Bally&#8217;s Corporation (NYSE: BALY) (&#8220;Bally&#8217;s&#8221;), a premier, full-service company with physical casinos and soon to be vertically integrated with sports betting and iGaming in the U.S. with online gaming platforms united under a single, preeminent brand, announced today that it has entered into a multi-year market access partnership with Elite Casino Resorts (&#8220;Elite&#8221;). This partnership will allow sports fans in <span class=\"xn-location\">Iowa<\/span> access to mobile sports betting licensed by Elite&#8217;s Grand Falls Casino and Golf Resort, located in <span class=\"xn-location\">Larchwood, Iowa<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1322583\/Bally_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1322583\/Bally_Logo.jpg\" title=\"(PRNewsfoto\/Twin River Worldwide Holdings, Inc.)\" alt=\"(PRNewsfoto\/Twin River Worldwide Holdings, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>This partnership follows Bally&#8217;s recently-announced agreement to acquire preeminent U.S. regulated sportsbook technology platform Bet.Works, which provides omni-channel products, platforms, software and content solutions to operators in multiple states, including <span class=\"xn-location\">Iowa<\/span>. <\/p>\n<p>With the ability to offer sports betting in <span class=\"xn-location\">Iowa<\/span>, Bally&#8217;s national footprint will, once all pending acquisitions are completed, expand into its 11th state. Notably, <span class=\"xn-location\">Iowa<\/span> represents the first state where Bally&#8217;s does not maintain a land-based casino and will establish its market presence through its online platform.\u00a0 The company generally prefers to enter a jurisdiction through an owned casino property, however, with how quickly the market is moving, entering through a market access agreement is a good solution and one that the company may use on occasion to ensure a comprehensive approach.<\/p>\n<p>\n        <span class=\"xn-person\">George Papanier<\/span>, President and Chief Executive Officer of Bally&#8217;s Corporation said, &#8220;We are delighted to partner with Elite Casino Resorts in <span class=\"xn-location\">Iowa<\/span>. We currently operate sportsbooks in <span class=\"xn-location\">Rhode Island<\/span>, <span class=\"xn-location\">Colorado<\/span>, <span class=\"xn-location\">Delaware<\/span>, <span class=\"xn-location\">Mississippi<\/span>, and soon will be in <span class=\"xn-location\">Atlantic City<\/span>. Entering the <span class=\"xn-location\">Iowa<\/span> gaming market with our new, integrated sports betting and iGaming company is very exciting and we look forward to the launch in 2021.&#8221;<\/p>\n<p>\n        <b>About Bally&#8217;s Corporation<br \/><\/b>Bally&#8217;s Corporation currently owns and manages 10 casinos across six states, a horse racetrack, and 13 authorized OTB licenses in <span class=\"xn-location\">Colorado<\/span>. With more than 5,400 employees, the Company&#8217;s operations include 11,859 slot machines, 405 game tables and 2,538 hotel rooms. Properties include Twin River Casino Hotel (<span class=\"xn-location\">Lincoln, RI<\/span>), Tiverton Casino Hotel (<span class=\"xn-location\">Tiverton, RI<\/span>), Hard Rock Hotel &amp; Casino (<span class=\"xn-location\">Biloxi, MS<\/span>), Casino Vicksburg (<span class=\"xn-location\">Vicksburg, MS<\/span>), Dover Downs Hotel &amp; Casino (<span class=\"xn-location\">Dover, DE<\/span>), Bally&#8217;s <span class=\"xn-location\">Atlantic City<\/span> (<span class=\"xn-location\">Atlantic City, NJ<\/span>), Casino KC (<span class=\"xn-location\">Kansas City, MO<\/span>), <span class=\"xn-person\">Golden Gates Casino<\/span> (<span class=\"xn-location\">Black Hawk, CO<\/span>), Golden Gulch Casino (<span class=\"xn-location\">Black Hawk, CO<\/span>), <span class=\"xn-person\">Mardi Gras Casino<\/span> (<span class=\"xn-location\">Black Hawk, CO<\/span>), and Arapahoe Park racetrack (<span class=\"xn-location\">Aurora, CO<\/span>). Following the completion of pending acquisitions, which include Tropicana Evansville (<span class=\"xn-location\">Evansville, IN<\/span>), Jumer&#8217;s Casino &amp; Hotel (<span class=\"xn-location\">Rock Island, IL<\/span>), Eldorado Shreveport Resort and Casino (<span class=\"xn-location\">Shreveport, LA<\/span>), and MontBleu Resort Casino &amp; Spa (<span class=\"xn-location\">Lake Tahoe, NV<\/span>), the Company will own and manage 14 casinos across 10 states. Its shares trade on the New York Stock Exchange under the ticker symbol &#8220;BALY.&#8221;<\/p>\n<p>\n        <b>About <\/b><br \/>\n        <b>Elite Casino Resorts<br \/><\/b>Elite Casino Resorts, LLC owns and operates three premier destination casino resorts in <span class=\"xn-location\">Iowa<\/span> including Riverside Casino and Golf Resort<sup>\u00ae<\/sup>, located just south of <span class=\"xn-location\">Iowa City, IA<\/span>; Rhythm City Casino Resort<sup>\u00ae<\/sup> located in the Quad Cities <span class=\"xn-location\">Davenport, IA<\/span> area; and Grand Falls Casino and Golf Resort<sup>\u00ae <\/sup>located in <span class=\"xn-location\">Larchwood, IA<\/span> just minutes from <span class=\"xn-location\">Sioux Falls, SD<\/span>. Elite Casino Resorts, LLC is a locally owned <span class=\"xn-location\">Iowa<\/span>-based company. <\/p>\n<p>\n        <b>Investor Contact<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Steve Capp<\/span><br \/>\n        <br \/>Executive Vice President and Chief Financial Officer <br \/>401-475-8564<br \/><a target=\"_blank\" href=\"blank\" rel=\"nofollow noopener noreferrer\">investorrelations@ballys.com<\/a><\/p>\n<p>\n        <b>Media Contacts<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Richard Goldman<\/span> \/ <span class=\"xn-person\">David Gill<\/span><br \/>Kekst CNC<br \/>646-847-6102 \/ 917-842-5384<br \/><a target=\"_blank\" href=\"mailto:BallysMediaInquiries@kekstcnc.com\" rel=\"nofollow noopener noreferrer\">BallysMediaInquiries@kekstcnc.com<\/a>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY02019&amp;sd=2020-11-24\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa-301179540.html\">http:\/\/www.prnewswire.com\/news-releases\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa-301179540.html<\/a><\/p>\n<p>SOURCE  Bally&#8217;s Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY02019&amp;Transmission_Id=202011240800PR_NEWS_USPR_____NY02019&amp;DateId=20201124\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PROVIDENCE, R.I., Nov. 24, 2020 \/PRNewswire\/ &#8212; Bally&#8217;s Corporation (NYSE: BALY) (&#8220;Bally&#8217;s&#8221;), a premier, full-service company with physical casinos and soon to be vertically integrated with sports betting and iGaming in the U.S. with online gaming platforms united under a single, preeminent brand, announced today that it has entered into a multi-year market access partnership with Elite Casino Resorts (&#8220;Elite&#8221;). This partnership will allow sports fans in Iowa access to mobile sports betting licensed by Elite&#8217;s Grand Falls Casino and Golf Resort, located in Larchwood, Iowa. This partnership follows Bally&#8217;s recently-announced agreement to acquire preeminent U.S. regulated sportsbook technology platform Bet.Works, which provides omni-channel products, platforms, software and content solutions to operators in multiple states, including Iowa. With &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bally&#8217;s Corporation Announces Partnership With Elite Casino Resorts To Launch Mobile Sportsbook In Iowa&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-387586","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bally&#039;s Corporation Announces Partnership With Elite Casino Resorts To Launch Mobile Sportsbook In Iowa - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bally&#039;s Corporation Announces Partnership With Elite Casino Resorts To Launch Mobile Sportsbook In Iowa - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PROVIDENCE, R.I., Nov. 24, 2020 \/PRNewswire\/ &#8212; Bally&#8217;s Corporation (NYSE: BALY) (&#8220;Bally&#8217;s&#8221;), a premier, full-service company with physical casinos and soon to be vertically integrated with sports betting and iGaming in the U.S. with online gaming platforms united under a single, preeminent brand, announced today that it has entered into a multi-year market access partnership with Elite Casino Resorts (&#8220;Elite&#8221;). This partnership will allow sports fans in Iowa access to mobile sports betting licensed by Elite&#8217;s Grand Falls Casino and Golf Resort, located in Larchwood, Iowa. This partnership follows Bally&#8217;s recently-announced agreement to acquire preeminent U.S. regulated sportsbook technology platform Bet.Works, which provides omni-channel products, platforms, software and content solutions to operators in multiple states, including Iowa. With &hellip; Continue reading &quot;Bally&#8217;s Corporation Announces Partnership With Elite Casino Resorts To Launch Mobile Sportsbook In Iowa&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T13:03:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1322583\/Bally_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Bally&#8217;s Corporation Announces Partnership With Elite Casino Resorts To Launch Mobile Sportsbook In Iowa\",\"datePublished\":\"2020-11-24T13:03:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\\\/\"},\"wordCount\":570,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1322583\\\/Bally_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\\\/\",\"name\":\"Bally's Corporation Announces Partnership With Elite Casino Resorts To Launch Mobile Sportsbook In Iowa - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ballys-corporation-announces-partnership-with-elite-casino-resorts-to-launch-mobile-sportsbook-in-iowa\/","og_locale":"en_US","og_type":"article","og_title":"Bally's Corporation Announces Partnership With Elite Casino Resorts To Launch Mobile Sportsbook In Iowa - Market Newsdesk","og_description":"PR Newswire PROVIDENCE, R.I., Nov. 24, 2020 \/PRNewswire\/ &#8212; Bally&#8217;s Corporation (NYSE: BALY) (&#8220;Bally&#8217;s&#8221;), a premier, full-service company with physical casinos and soon to be vertically integrated with sports betting and iGaming in the U.S. with online gaming platforms united under a single, preeminent brand, announced today that it has entered into a multi-year market access partnership with Elite Casino Resorts (&#8220;Elite&#8221;). This partnership will allow sports fans in Iowa access to mobile sports betting licensed by Elite&#8217;s Grand Falls Casino and Golf Resort, located in Larchwood, Iowa. This partnership follows Bally&#8217;s recently-announced agreement to acquire preeminent U.S. regulated sportsbook technology platform Bet.Works, which provides omni-channel products, platforms, software and content solutions to operators in multiple states, including Iowa. 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