future is largely online<\/a>, as is the case with so many of its rivals. That places a premium on the company’s ability to successfully integrate the Gamesys acquisition and launch of mobile sports betting app later this year.<\/p>\n\u201cWhat remains for BALY is execution for the casinos, Gamesys closing, and US digital go-lives. We believe that as the story progresses, the shares should capture fuller value,\u201d said Katz.<\/p>\n
Amid swelling forecasts for the future of US iGaming, Bally’s stock is still inexpensive. Jefferies’ Katz sees \u201c$14 incremental risk\/time-adjusted value\u201d attributable to the Gamesys acquisition, and $24 in potential future value by way of the Bally’s rising digital gaming business.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Bally’s (NYSE:BALY) is rallying Wednesday, chipping away at a 20 percent slide over the past month on more upbeat analyst commentary. Shares of the casino operator jumped 4.20 percent today, good for one of the best intraday performances among gaming equities. That’s after Jefferies analyst David Katz initiated coverage of the stock with a \u201cbuy\u201d […]<\/p>\n","protected":false},"author":46,"featured_media":171375,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Bally's Stock Rises as Analyst Sees Transformative Opportunity<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n