Debevoise & Plimpton LLP is advising Deutsche Bank Securities as financial advisor to Bally’s Corporation (NYSE: BALY) in its combination with Gamesys Group plc. The combination marks a transformational step in both companies’ long-term growth strategies and positions Bally’s to become a leading omni-channel gaming entity. For more information please see the press release from Bally’s.
With more than 6,000 employees, Bally’s currently owns and manages 12 casinos across eight states, a horse racetrack and 13 authorized off-track betting licenses in Colorado. Gamesys is the parent company of an online gaming group that provides entertainment to a global consumer base. The company currently offers bingo and casino games to its customers through gaming brands including Jackpotjoy, Virgin Games and Botemania.
The Debevoise team was led by M&A partner Andrew Bab and includes associate Thomas Lopez.