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Bally's Corporation
Bally's Corporation is an American gambling, betting, and interactive entertainment company headquartered in Providence, Rhode Island. In the US it operates 19 casinos across 11 states, a horse track in Colorado, a golf course in New York, and online sports betting operations in 14 states.Lou Monaco"Bally's Rebrands Kansas City Casino, Expansion Planned,"Top US Casinos, April 3, 2021. The company was founded in 2004 as BLB Investors. It eventually changed its name to Twin River Worldwide Holdings. In 2020, the company acquired the rights to the Bally's brand from Caesars Entertainment and changed its own name to Bally's Corporation. History Bally's originated as BLB Investors. BLB was formed in 2004, as a joint venture between Starwood Capital Group, Kerzner International, and the Waterford Group for the purpose of launching a bid to acquire Wembley plc. Wembley was a British operator of racetracks in the United Kingdom and the United States, whose primary asset was Linco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russell Microcap Index
The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. It makes up less than 3% of the U.S. equity market. It includes 1,000 of the smallest securities in the Russell 2000 Index based on a combination of their market cap and current index membership and it also includes up to the next 1,000 stocks. , the weighted average market capitalization for a company in the index was $535 million; the median market cap was $228 million. The market cap of the largest company in the index was $3.6 billion. The index, which was launched on June 1, 2005, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RUMIC. Records In February 2021, during the everything bubble, a record 14 members of the index exceeded the market capitalization of the smallest member of the S&P 500 Index. Investing The Russell Microcap Index is tracked by the iShares Micro-Cap Exchange-traded fund, ETF (). Top 10 holdings *Mer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11 Bankruptcy Protection
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dover Downs Hotel & Casino
Bally's Dover Casino Resort, formerly Dover Downs, is a hotel, casino, and racetrack complex in Dover, Delaware. It has a harness horse racing track, which is surrounded by Dover Motor Speedway, a concrete track used for NASCAR motor racing events. The complex is owned by Gaming and Leisure Properties and operated by Bally's Corporation, excluding the motor racing circuit, which is owned by Speedway Motorsports. Primary features of Bally's Dover include a 500-room hotel, dining options, over 2,700 slot machines, 40 table games, and the Rollins Center, an multipurpose ballroom which features entertainment as well as hosting business conferences, conventions and banquets. Steelman Partners were the original architects and interior designers when it was constructed in 1995. History The horse track and the speedway opened together in 1969. The track opened its casino, Dover Downs Slots, on December 29, 1995, following the enactment the previous year of a law allowing slo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reverse Merger
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of a private company purchase control of a public shell company/ SPAC, and then merge it with the private company. The publicly traded corporation is called a "shell," since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, negot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiverton, Rhode Island
Tiverton is a town in Newport County, Rhode Island, United States. The population was 16,359 at the 2020 census. Geography Tiverton is located on the eastern shore of Narragansett Bay, across the Sakonnet River from Aquidneck Island (also known as the Island of Rhode Island). Together with the adjacent town of Little Compton, the area is disconnected from the rest of the state of Rhode Island. The northern portion of the town is located on Mount Hope Bay. Much of the town is located along a granite ridge which runs in a north–south direction, rising approximately 170 feet in elevation from the bay. A large section of exposed granite can be observed at the highway cut for Route 24, near the Main Road interchange. According to the United States Census Bureau, Tiverton has a total area of , of which is land and ; 19.16%) is water. The northern portion of greater Tiverton is also known as North Tiverton. At times, Tiverton has been considered a part of the South Coas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newport Grand
Newport most commonly refers to: *Newport, Wales *Newport, Rhode Island, US Newport or New Port may also refer to: Places Asia *Newport City, Metro Manila, a Philippine district in Pasay * Newport (Vietnam), a United States Army and Army of the Republic of Vietnam (ARVN) logistics base during the Europe Ireland * Newport, County Mayo, a town on the island's west coast * Newport, County Tipperary, an inland town on Newport river United Kingdom = England = * Newport, Cornwall ** Newport (Cornwall) (UK Parliament constituency) * Newport, Devon, in Barnstaple * Newport, East Riding of Yorkshire * Newport, Essex * Newport, Gloucestershire *Newport, Isle of Wight ** Newport (Isle of Wight) (UK Parliament constituency) ** Newport and Carisbrooke, a civil parish formerly called just "Newport" * Newport, Shropshire ** Newport Rural District ** Newport (Shropshire) (UK Parliament constituency) * Newport, Somerset, a hamlet in the parish of North Curry * Newport, Dorset, in Bloxwo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leucadia National
Jefferies Financial Group Inc. is an American financial services company based in New York City. It is listed on the New York Stock Exchange and is a part of the ''Fortune'' 1000. Investments The company's major holdings are as follows: Financial Services * Jefferies Group (100%) - investment banking & capital markets * Berkadia Commercial Mortgage (50/50 joint venture with Berkshire Hathaway) - commercial mortgage banking, investment sales and servicing *HomeFed (65% ownership) - Builder of Master Planned Communities, Income Properties, Land Holdings * FXCM (49.9%) - online foreign exchange trading *Foursight Capital (100%) - vehicle finance Others * HRG Group (23%) - insurance and consumer products * Vitesse Energy (96%) - oil and gas exploration and development * Juneau Energy (98%) - oil and gas exploration and development * Garcadia Holdings (75%, Joint venture with Ken Garff Automotive Group) - automobile dealerships * Linkem (57%) - fixed wireless broadband services ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hard Rock Hotel & Casino Biloxi
The Hard Rock Hotel and Casino Biloxi is a casino and resort in Biloxi, Mississippi, United States. It is owned by Gaming and Leisure Properties and operated by Bally's Corporation, under franchise from Hard Rock International. It opened in 2007. History The resort was constructed in 2005 and originally scheduled to open on September 1 of that year. However, days before the scheduled grand opening, Hurricane Katrina struck the Gulf Coast, destroying the casino and damaging the resort. Reconstruction and reopening of the property was in limbo for a time because of a legal dispute between owner Premier Entertainment and the trustee for bondholders on the property. Premier later began architectural work on a newly rebuilt facility, awaiting resolution of the dispute, prior to workers securing the property for the 2007 Atlantic hurricane season. Rebuilding of the facility was completed, and the casino opened to the public on June 30, 2007. 3 Doors Down opened the hotel on July ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Twin River Worldwide Holdings Logo
Twins are two offspring produced by the same pregnancy.MedicineNet > Definition of Twin Last Editorial Review: 19 June 2000 Twins can be either ''monozygotic'' ('identical'), meaning that they develop from one zygote, which splits and forms two embryos, or ''dizygotic'' ('non-identical' or 'fraternal'), meaning that each twin develops from a separate egg and each egg is fertilized by its own sperm cell. Since identical twins develop from one zygote, they will share the same sex, while fraternal twins may or may not. In very rare cases, fraternal or (semi-) identical twins can have the same mother and different fathers ( heteropaternal superfecundation). In contrast, a fetus that develops alone in the womb (the much more common case in humans) is called a ''singleton'', and the general term for one offspring of a multiple birth is a ''multiple''. Unrelated look-alikes whose resemblance parallels that of twins are referred to as doppelgänger. Statistics The human twin birth rat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sankaty Advisors
Bain Capital, LP is an American private investment firm based in Boston, Massachusetts, with around $185 billion of assets under management. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, crypto, tech opportunities, partnership opportunities, special situations, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 24 offices in North America, Europe, Asia, and Australia. Since its establishment, Bain Capital has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
