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By: D.J.

D.J. — Mon, 20 Nov 2023 01:01:41 +0000

Just an easy question here. Some have said the answer is not quite as easy. Who realizes that Bally’s Corporation does not even own that former Macy’s department store in State College right now? Who owns it? The current property owners of that store might fail to see the humor when some local photographers along with the senior leadership of Bally’s shows up with shovels in hand to “break ground” at a place that Bally’s doesn’t even own yet. How will those ownership arrangements be quickly sorted out before then? Oh, perhaps they already have. It kinda sounds like a promise to me.

By: Dan M.

Dan M. — Sun, 19 Nov 2023 16:19:40 +0000

Two well-known Penn State alums from New Jersey were in State College, PA yesterday for the Penn State/Rutgers football game. After the victory by the Nittany Lions, the two loyal Penn State fans from Jersey had dinner with two former classmates who are now prominent leaders of major concrete and steel construction companies in Pennsylvania. The Penn Staters mentioned they have seen on the Bally’s website that a brand-new Bally’s casino was planned NEAR the Nittany Mall in State College. They also shared their disappointment about missing the very recent $1.91 surge in Bally’s stock mentioned above. They lamented over missing that strategically wise investment opportunity and then quickly turned their focus to their Plan B. With that planned casino near the mall being just four miles from the main Penn State campus, the Penn Staters asked their lifelong friends if now the time right is to invest heavily in local concrete and steel suppliers. The two construction magnates advised, “Absolutely not! There is no major new construction being planned. The casino will not be located NEAR the Nittany Mall, it will actually be located INSIDE the Nittany Mall and will be built in a vacant former Macy’s department store there. The potential investors expressed real surprise since the Bally’s website has posted since 2021 that the future casino near Penn State would be near the Nittany Mall, not IN the Nittany Mall. They thanked the two construction industry magnates for that timely advice and said they would watch for increasing revenue at the temporary Bally’s Chicago casino and adjust their investment plans accordingly. After all, who goes to a former Macy’s store for an enjoyable and memorable casino experience?

By: Andrew

Andrew — Sun, 19 Nov 2023 12:17:51 +0000

Take a look at Bally’s stock price movement over the past two years – the real story here is how a company run by a supposed hedge fund genius could destroy so much of its shareholders’ money in such a short time!