twin river management group, inc. (“trmg”) is comprised of six casino experts with combined industry experience of over 125 years. trmg currently owns and manages three casinos, two in rhode island and one in mississippi, as well as a colorado horse race track that possesses 13 otb licenses. trmg’s expertise spans various casino markets, including regional, destination & resort environments. their casinos range in size from 1,100 slots only facilities to properties with 4,500 slots and 80 table games, along with hotel and resort amenities. trmg is a wholly-owned subsidiary of twin river worldwide holdings, inc. twin river management group’s executives possess a wealth of experience including construction (such as mohegan sun, atlantis bahamas, evangeline downs hotel & casino and twin river casino) to re-branding and re-positioning (horseshoe hammond casino and twin river casino) to full operational overhaul (hard rock hotel & casino biloxi). regardless of your casino needs, trmg has th
Company profile
Ticker
BALY
Exchange
Website
CEO
George T. Papanier
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Twin River Worldwide Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
BALLY'S CORPORATION • 120 Sports Holding I, LLC • 120 Sports LLC • Association of Volleyball Professionals, LLC • AVA Entertainment Limited Partnership • Aztar Indiana Gaming Company, LLC • BACA Limited • Bally’s Canada Inc. • Bally’s Chicago Holding Company, LLC • Bally’s Chicago Operating Company, LLC ...
IRS number
200904604
BALY stock data
Latest filings (excl ownership)
424B3
Prospectus supplement
23 Apr 24
PX14A6G
Letter to shareholders
15 Apr 24
S-3
Shelf registration
12 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Bally’s Forms Special Committee to Evaluate Preliminary, Non-binding Acquisition Proposal by Standard General
12 Mar 24
8-K
Bally’s Corporation Announces Fourth Quarter and Full Year 2023 Results
21 Feb 24
10-Q
2023 Q3
Quarterly report
3 Nov 23
Transcripts
BALY
Earnings call transcript
2023 Q4
21 Feb 24
BALY
Earnings call transcript
2023 Q3
1 Nov 23
BALY
Earnings call transcript
2023 Q2
3 Aug 23
BALY
Earnings call transcript
2023 Q1
9 May 23
BALY
Earnings call transcript
2022 Q4
23 Feb 23
BALY
Earnings call transcript
2022 Q3
3 Nov 22
BALY
Earnings call transcript
2022 Q2
5 Aug 22
BALY
Earnings call transcript
2022 Q1
7 May 22
BALY
Earnings call transcript
2021 Q4
24 Feb 22
BALY
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 297.84 mm | 297.84 mm | 297.84 mm | 297.84 mm | 297.84 mm | 297.84 mm |
Cash burn (monthly) | 25.00 mm | (no burn) | (no burn) | 13.15 mm | (no burn) | (no burn) |
Cash used (since last report) | 170.18 mm | n/a | n/a | 89.49 mm | n/a | n/a |
Cash remaining | 127.66 mm | n/a | n/a | 208.35 mm | n/a | n/a |
Runway (months of cash) | 5.1 | n/a | n/a | 15.8 | n/a | n/a |
Institutional ownership, Q3 2023
76.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 112 |
Opened positions | 14 |
Closed positions | 21 |
Increased positions | 35 |
Reduced positions | 34 |
13F shares | Current |
---|---|
Total value | 377.76 bn |
Total shares | 30.73 mm |
Total puts | 95.00 k |
Total calls | 1.90 mm |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Standard General | 10.59 mm | $138.83 bn |
BLK Blackrock | 4.32 mm | $56.62 bn |
HG Vora Capital Management | 2.50 mm | $32.78 bn |
Vanguard | 1.74 mm | $22.87 bn |
Vaughan Nelson Investment Management | 1.15 mm | $15.09 mm |
Polygon Management | 1.10 mm | $14.42 bn |
Sycale Advisors | 1.10 mm | $14.42 bn |
Deroy & Devereaux Private Investment Counsel | 695.05 k | $9.11 mm |
STT State Street | 659.22 k | $8.64 bn |
RAT Rathbone Brothers | 622.67 k | $8.16 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Apr 24 | Soohyung Kim | Common Stock | Grant | Acquire A | Yes | No | 0 | 3,571 | 0.00 | 3,571 |
15 Mar 24 | Papanier George T. | Common Stock | Payment of exercise | Dispose F | No | No | 13.32 | 13,062 | 173.99 k | 449,658 |
15 Mar 24 | Papanier George T. | Common Stock | Grant | Acquire A | No | No | 0 | 33,192 | 0.00 | 462,720 |
15 Mar 24 | Robeson Reeves | Common Stock | Payment of exercise | Dispose F | No | No | 13.32 | 16,786 | 223.59 k | 325,376 |
15 Mar 24 | Robeson Reeves | Common Stock | Grant | Acquire A | No | No | 0 | 35,713 | 0.00 | 342,162 |
15 Mar 24 | Craig L Eaton | Common Stock | Payment of exercise | Dispose F | No | No | 13.32 | 972 | 12.95 k | 151,503 |
15 Mar 24 | Craig L Eaton | Common Stock | Grant | Acquire A | No | No | 0 | 2,143 | 0.00 | 152,475 |
15 Mar 24 | Lee Kim Barker | Common Stock | Payment of exercise | Dispose F | No | No | 13.32 | 1,677 | 22.34 k | 12,039 |
15 Mar 24 | Lee Kim Barker | Common Stock | Grant | Acquire A | No | No | 0 | 5,525 | 0.00 | 13,716 |
News
Special Committee Of Bally's Retains Financial And Legal Advisors In Connection With Standard General's Proposal
28 Mar 24
Bally's Forms Special Committee To Evaluate Preliminary, Non-Binding Acquisition Proposal By Standard General
12 Mar 24
Why Mesoblast Shares Are Trading Higher By 13%? Here Are Other Stocks Moving In Monday's Mid-Day Session
11 Mar 24
10 Consumer Discretionary Stocks Moving In Monday's Intraday Session
11 Mar 24
On March 11, 2024, Standard General Delivered A Non-Binding Letter To The Board Of Directors Of Bally's Proposing A Transaction Under Which It Would Acquire All Of The Outstanding Shares Of Common Stock For $15/Share, Not Currently Owned By The Company
11 Mar 24
Press releases
Bally's to Report First Quarter 2024 Results on May 1, 2024
18 Apr 24
Bally's Atlantic City Celebrates 45th Anniversary
17 Apr 24
Special Committee of Bally's Retains Financial and Legal Advisors in Connection With Standard General's Proposal
28 Mar 24
Bally's Forms Special Committee to Evaluate Preliminary, Non-Binding Acquisition Proposal by Standard General
12 Mar 24
Gaming and Leisure Properties, Inc. Reports Record Fourth Quarter Results, Establishes 2024 Guidance and Announces 2024 First Quarter Dividend of $0.76 Per Share
27 Feb 24