M&A Deal Summary

Bally s Acquires Affinity Gaming - Three Colorado Casinos

On January 29, 2019, Bally s acquired gaming company Affinity Gaming - Three Colorado Casinos from Affinity Gaming

Acquisition Highlights
  • This is Bally s’ 1st transaction in the Gaming sector.
  • This is Bally s’ 1st transaction in the United States.
  • This is Bally s’ 1st transaction in Colorado.

M&A Deal Summary

Date 2019-01-29
Target Affinity Gaming - Three Colorado Casinos
Sector Gaming
Buyer(s) Bally s
Sellers(s) Affinity Gaming
Deal Type Divestiture

Target

Affinity Gaming - Three Colorado Casinos

Black Hawk, Colorado, United States
Affinity Gaming - Three Colorado Casinos comprises Golden Gates, Golden Gulch and Mardi Gras are located in close proximity to one another along a half-mile strip of casino and casino-hotel properties in the historic mining town of Black Hawk, Colorado, with a combined 36,000 square feet of gaming space featuring nearly 20 table games, approximately 700 slots, and a poker parlor. The properties also offer three restaurants and 24/7 bars, and one of the only parking garages in the market, with 700 spaces.

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Buyer(S) 1

Buyer

Bally s

Providence, Rhode Island, United States

Category Company
Founded 2004
Sector Gaming
Employees10,000
Revenue 2.5B USD (2024)
DESCRIPTION

Bally's specializes in delivering a comprehensive range of gaming and entertainment experiences through both traditional brick-and-mortar casino venues and expansive digital platforms. Bally's currently owns and operates 10 casinos across six states, a horse racetrack, and 13 authorized OTB licenses in Colorado. Bally's was founded in 2004 and is based in Providence, Rhode Island.


DEAL STATS #
Overall 1 of 12
Sector: Gaming M&A 1 of 2
Type: Divestiture M&A Deals 1 of 6
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 10
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-24 Bally s Atlantic City Hotel & Casino

Atlantic City, New Jersey, United States

Bally's Atlantic City Hotel & Casino is a 4-star hotel focused on providing casino-entertainment based in Atlantic City, 08401, New Jersey.

Buy $25M

Seller(S) 1

SELLER

Affinity Gaming

Las Vegas, Nevada, United States

Category Company
Founded 2010
Sector Gaming
DESCRIPTION

Affinity Gaming is a diversified casino gaming company. Affinity Gaming is dedicated to delivering a service and entertainment at a reasonable price. Affinity Gaming was founded in 2010 and is based in Las Vegas, Nevada.


DEAL STATS #
Overall 1 of 1
Sector: Gaming M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-22 Full House Resorts

Las Vegas, Nevada, United States

Full House Resorts, Inc. develops, owns, operates and manages casinos and related hospitality and entertainment facilities in regional U.S. markets. Based in Las Vegas, Full House operates five casino facilities in Mississippi, Colorado, Indiana and Nevada. Each of our gaming properties reflects a unique atmosphere custom-designed for each regional market.

Buy $133M