Bally's Corporation is a global casino-entertainment company with an omni-channel presence of Online Sports Betting and iGaming offerings. Co. owns and manages 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. It also owns Bally's Interactive International (Gamesys Group), an online gaming operator; Bally Bet, a sports betting platform, and Bally Casino, an iCasino platform. Its casino operations include approximately 15,000 slot machines, 550 table games and 3,900 hotel rooms. Its segments include Casinos & Resorts, International Interactive and North America Interactive. We show 15 historical shares outstanding datapoints in our BALY shares outstanding history coverage, used to compute BALY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BALY market cap history over the course of time is important for investors
interested in comparing BALY's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BALY versus a peer is one thing; comparing
BALY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BALY can fluctuate over the course of history.
With this page we aim to empower investors researching BALY by allowing them to research the BALY market cap history. |
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Video: The Importance of Market Cap
