Acquiring Company
Standard General
Acquired Company
Bally's Intralot
New York
PeaniaInvestment ManagementGamingSportsGamblingCasinoDescription
Standard General has successfully acquired Bally's Corporation in a deal valued at $4.6 billion. The acquisition process faced scrutiny from the Miami Police Pension and Relief Fund, which claimed the offer was coercive and disadvantaged other investors. The deal, initially proposed at $15 per share, was ultimately accepted at $18.25 per share, marking a significant move in the gaming industry.
Quick answer
Standard General is acquiring Bally's Intralot for $4.6 billion, announced September 21, 2025. Standard General is based in New York, New York, United States.
- How much did Standard General pay for Bally's Intralot?
- The reported deal value is $4.6 billion.
- What does Standard General do?
- Headquartered in New York, NY, Standard General L.P. was founded in 2007 by Managing Partner and Chief Investment Officer Soohyung ("Soo") Kim with $100 million of seed capital from Reservoir Capital.
- Where are Standard General and Bally's Intralot based?
- Standard General is based in New York, New York, United States. Bally's Intralot is based in Peania, Attica, Greece.
Source: Fundz verified event record.
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Frequently asked
Who acquired Bally's Intralot?
Bally's Intralot was acquired by Standard General, based in New York. The deal was reported on September 21, 2025. Headquartered in New York, NY, Standard General L.P. was founded in 2007 by Managing Partner and Chief Investment Officer Soohyung ("Soo") Kim with $100 million of seed capital from Reservoir Capital. Standard General is privately held and operates in Investment Management.
When did Standard General acquire Bally's Intralot?
Standard General's acquisition of Bally's Intralot was reported on September 21, 2025. Standard General has successfully acquired Bally's Corporation in a deal valued at $4.6 billion. The acquisition process faced scrutiny from the Miami Police Pension and Relief Fund, which claimed the offer was coercive and disadvantaged other investors. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bally's Intralot do?
Bally's Intralot is a global gaming company that operates lottery, betting and online gaming businesses. It owns Gamesys and derives about 64% of its revenue from the UK. The company is pursuing a takeover of William Hill owner evoke. It is privately held, operating in Gaming, and is based in Peania.
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