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2025-01-13
Bally’s Corporation (NYSE: BALY) recently held a special meeting of stockholders on November 19, 2024, where important matters were put to a vote. The meeting, which took place through live interactive webcasting, saw significant participation from shareholders. One of the key proposals at the meeting was the “Merger Proposal.” Shareholders considered and voted on the adoption of the Agreement and Plan of Merger, dated July 25, 2024, involving various entities, including SG Parent LLC and The Queen Casino & Entertainment Inc. The Merger Proposal received the required votes for approval from both the Majority Vote and Unaffiliated Stockholders Vote, with a majority vote in favor. Additionally, the “Adjournment Proposal” sought approval for potential adjournments of the Special Meeting if necessary to gather additional votes for the Merger Proposal. While the Adjournment Proposal secured the required majority vote, it was deemed unnecessary following the approval of the Merger Proposal. In a significant development, as of the Election Deadline on November 19, 2024, approximately 17,492,173 shares of Common Stock, including shares held by Standard General L.P. and Noel Hayden, had submitted a “Rolling Share Election” form. These shares will remain outstanding with a new CUSIP number and continue trading on the NYSE as “BALY.T”. Bally’s reserves the option to open new Rolling Share Election periods, subject to specific conditions outlined in the Merger Agreement. Shareholders will be duly informed of any such elections through SEC filings or appropriate disclosures. The closing of the Company Merger is expected to take place in the first quarter of 2025, pending regulatory approvals and standard closing conditions. Investors and stakeholders can track these developments and additional updates on the merger by referring to the SEC filings made by Bally’s Corporation. Lastly, in compliance with regulatory requirements, Bally’s Corporation, through its Chief Legal Officer Kim M. Barker, authorized and signed the report for submission to the Securities and Exchange Commission. The company’s financial exhibits and related filings can be accessed for further details and information. This article represents a summary of the recent special meeting and related approvals obtained by Bally’s Corporation. This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Bally’s’s 8K filing here . Bally’s Company Profile ( Get Free Report ) Bally's Corporation operates as a casino-entertainment company. It owns and manages 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, an online gaming operator; Bally Bet, a sports betting platform; and Bally Casino, an iCasino platform. Read More
One of the striking things about how furiously many people reacted to the news last week that MSNBC “Morning Joe” hosts Joe Scarborough and Mika Brzezinski met with President-Elect Donald Trump was how quaint their defenders sounded. “It is insane for critics to NOT think all of us in the media need to know more so we can share/report more,” Jim VandeHei, co-founder of Axios and Politico, said on social media. It would be journalistic malpractice for the hosts of a morning television news program not to take a meeting with a president-elect, right? But “Morning Joe” isn’t traditional journalism, and last week’s incident is a telling illustration of the broader trend of impartial fact-finding being crowded out in the marketplace by opinionated news and the expectations that creates. Scarborough, a former congressman, and his wife, veteran newswoman Brzezinski, didn’t just talk about the presidential campaign from their four-hour weekday perch. They tirelessly and emotionally advocated for Democrat Kamala Harris, likening Trump to a fascist-in-waiting. “They have portrayed themselves as bastions of integrity standing up to a would-be dictator,” says Frank Sesno, a former CNN Washington bureau chief now professor at George Washington University’s school of media and public affairs. “What the followers see is the daily procession of people on the show constantly talking about the evils of Donald Trump and then Joe and Mika show up and have high tea with the guy.” The social media blowback was instant and intense. “You do not need to talk to Hitler to cover him effectively,” was one of the nicer messages. More telling is the people who have responded with action. “Morning Joe” had 770,000 viewers last Monday, its audience — like many shows on MSNBC — down from its yearly average of 1.09 million because some of the network’s liberal-leaning viewers have tuned away after what they regard as depressing election results. That’s the day Scarborough and Brzezinski announced they had met with Trump the previous Friday. By Tuesday, the “Morning Joe” audience had slipped to 680,000, according to the Nielsen company, and Wednesday’s viewership was 647,000. Thursday rebounded to 707,000. It’s only three days of data, but those are the kind of statistics about which television executives brood. “The audience for the polarized news-industrial complex has become unforgiving,” says Kate O’Brian, outgoing head of news of the E.W. Scripps Co. The Washington Post learned this last month when it lost a reported 250,000 subscribers — presumably the bulk of them non-Trump supporters — after announcing it would not endorse a candidate for president. A draft of an editorial endorsing Harris had already been in the works. Mixing news and opinion isn’t new; many U.S. newspapers in the 1800s were unabashedly partisan. But for most of the past century, there was a vigorous effort to separate the two. Broadcast television, licensed to serve the public interest, built up fact-based news divisions. What began to change things was the success of Fox News in building a conservative audience that believed it was underserved and undervalued. Now there’s a vigorous industry catering to people who want to see their points of view reflected — and are less interested in reporting or any content that contradicts them. The most notable trend in 2024 campaign coverage was the diminishing influence of so-called legacy news brands in favor of outlets like podcasts that offered publicity-hungry politicians a friendly, if not supportive, home. Trump, for example, visited several podcasters, including the influential Joe Rogan, who awarded Trump with an endorsement. “I won’t even call it journalism,” Sesno says. “It’s storytelling.” The past decade’s journey of Megyn Kelly is one illustration of how opinion can pay off in today’s climate. Once one of the more aggressive reporters at Fox News, she angered Trump in a 2015 debate with a pointed question about his treatment of women. She moved to the legacy outlet NBC News, but that didn’t work for her. She has since started a flourishing podcast with conservative, and Trump-friendly, opinion. Among cable TV-based news brands, CNN has tried hardest to present an image of impartiality, even if many conservatives disagree. So the collapse in its ratings has been noteworthy: the network’s audience of 4.7 million people for its election night coverage was essentially half the 9.1 million people it had for the same night in 2020. O’Brian is leaving Scripps at the end of the year because it is ending its 24-hour television news network after finding impartiality was a tough business. Scripps is continuing a streaming news product. That’s the environment Scarborough and Brzezinski work in on “Morning Joe.” “They are very talented show hosts,” Sesno says. “But they are not out on the front lines doing journalism, seeking truth in the way that a professional journalist does.” Hours after the hosts’ announcement that they had met with Trump, an MSNBC colleague, legal contributor and correspondent Katie Phang, said on X that “normalizing Trump is a bad idea.” Scarborough had made a point of saying that was not what he was attempting to do. “It’s not up to you or your corrupt industry to ‘normalize’ or not ‘normalize’ any politician who wins an election fair & square,” Christina Pushaw, the pugnacious aide to Florida Gov. Ron DeSantis, replied to Phang. “Americans had their say; Trump will be your president come January whether you ‘normalize’ it or not. I would suggests journos should accept reality.” Quaintness alert: Sesno is among those who believe the “Morning Joe” hosts did the right thing. Whatever the motivations — and there are some who believe that worries that a Trump administration could make life difficult very difficult for them was on the hosts’ minds — opening a line of communication to ensure that a show based on politics is not completely cut off from the thinking of a presidential administration makes business sense, he says. A little humility doesn’t hurt. Even if her own job has proven that it’s not a great business now, Scripps’ O’Brian has seen enough focus groups of people who yearn for a more traditional journalism-based approach to believe in its importance. “I think that there is still a need for nonpartisan news,” says the former longtime ABC News producer, “and maybe what brings it back to where it used to be will be an exhaustion from the hyper-polarized climate that we currently live in.”New Delhi: The BJP ally Telugu Desam Party (TDP) on Sunday said it wants the proposed Waqf Bill to take care of the interests of Muslims and the community should feel that its views have been accommodated. Lavu Sri Krishna Devarayalu, who is the leader of the TDP’s parliament party, made the comments ahead of the scheduled presentation of a parliamentary committee’s report on the proposed Waqf (Amendment) Bill. The BJP-led NDA government has listed the bill for consideration and passage in Parliament’s Winter Session beginning from Monday. Asked for his party’s views, Sri Krishna said, “We want to make sure that Muslim community should feel that they, their views have been accommodated in the passing of this bill. We want their opinions and, more importantly, their interests should be taken care of.” He is also a member of the joint committee of Parliament, which is headed by seasoned BJP MP Jagdambika Pal, scrutinising the bill. Pal has said the panel’s draft report is ready and will soon be adopted at its meeting.
The Indiana vs. Notre Dame matchup in the first round of the College Football Playoff is the most expensive ticket on StubHub, but it's Tennessee vs. Ohio State that's selling the fastest. StubHub spokesperson Adam Budelli said Monday that the game being hosted in Columbus, Ohio, on Dec. 21 has sold 34% more tickets than the game in South Bend, Indiana, on Dec. 20. “The expanded college football playoffs are seeing early high demand, especially as we see new teams enter the competition for the first time,” Budelli said. StubHub lists tickets for sale from official event organizers, but most of its offerings are from the resale market. Here's the ticket marketplace's average CFP first-round prices as of Monday evening: 1. Indiana at Notre Dame — $733 2. Clemson at Texas — $518 3. Tennessee at Ohio State — $413 4. SMU at Penn State — $271 Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballWASHINGTON (AP) — President-elect Donald Trump's pick for intelligence chief, Tulsi Gabbard, faced fresh scrutiny Monday on Capitol Hill about her proximity to Russian-ally Syria amid the sudden collapse of that country's hardline Assad rule. Gabbard ignored shouted questions about her 2017 visit to war-torn Syria as she ducked into one of several private meetings with senators who are being asked to confirm Trump's unusual nominees . But the Democrat-turned-Republican Army National Reserve lieutenant colonel delivered a statement in which she reiterated her support for Trump's America First approach to national security and a more limited U.S. military footprint overseas. “I want to address the issue that’s in the headlines right now: I stand in full support and wholeheartedly agree with the statements that President Trump has made over these last few days with regards to the developments in Syria,” Gabbard said exiting a Senate meeting. The incoming president’s Cabinet and top administrative choices are dividing his Republican allies and drawing concern , if not full opposition, from Democrats and others. Not just Gabbard, but other Trump nominees including Pentagon pick Pete Hegseth, were back at the Capitol ahead of what is expected to be volatile confirmation hearings next year. The incoming president is working to put his team in place for an ambitious agenda of mass immigrant deportations, firing federal workers and rollbacks of U.S. support for Ukraine and NATO allies. “We’re going to sit down and visit, that’s what this is all about,” said Sen. Mike Rounds, R-S.D., as he welcomed Gabbard into his office. The president-elect announced other appointments Monday, including his lawyer Harmeet Dhillon for assistant attorney general for civil rights at the Justice Department and Mark Paoletta as the returning general counsel of the Office of Management and Budget. Meanwhile, Defense Secretary pick Hegseth appeared to be picking up support from once-skeptical senators, the former Army National Guard major denying sexual misconduct allegations and pledging not to drink alcohol if he is confirmed. The president-elect's choice to lead the FBI, Kash Patel , who has written extensively about locking up Trump's foes and proposed dismantling the Federal Bureau of Investigation, launched his first visits with senators Monday. “I expect our Republican Senate is going to confirm all of President Trump’s nominees,” said Sen. Tom Cotton, R-Ark., on social media. Despite widespread concern about the nominees' qualifications and demeanors for the jobs that are among the highest positions in the U.S. government, Trump's team is portraying the criticism against them as nothing more than political smears and innuendo. Showing that concern, nearly 100 former senior U.S. diplomats and intelligence and national security officials have urged Senate leaders to schedule closed-door hearings to allow for a full review of the government’s files on Gabbard. Trump's allies have described the criticisms of Hegseth in particular as similar to those lodged against Brett Kavanaugh, the former president's Supreme Court nominee who denied a sexual assault allegation and went on to be confirmed during Trump's first term in office. Said Sen. Lindsey Graham, R-S.C., about Hegseth: “Anonymous accusations are trying to destroy reputations again. We saw this with Kavanaugh. I won’t stand for it.” One widely watched Republican, Sen. Joni Ernst of Iowa, herself a former Army National Guard lieutenant colonel and sexual assault survivor who had been criticized by Trump allies for her cool reception to Hegseth, appeared more open to him after their follow-up meeting Monday. “I appreciate Pete Hegseth’s responsiveness and respect for the process,” Ernst said in a statement. Ernst said that following “encouraging conversations,” he had committed to selecting a senior official who will "prioritize and strengthen my work to prevent sexual assault within the ranks. As I support Pete through this process, I look forward to a fair hearing based on truth, not anonymous sources.” Ernst also had praise for Patel — “He shares my passion for shaking up federal agencies" — and for Gabbard. Once a rising Democratic star, Gabbard, who represented Hawaii in Congress, arrived a decade ago in Washington, her surfboard in tow, a new generation of potential leaders. She ran unsuccessfully for president in 2020. But Gabbard abruptly left the party and briefly became an independent before joining with Trump's 2024 campaign as one of his enthusiasts, in large part over his disdain for U.S. involvement overseas and opposition to helping Ukraine battle Russia. Her visit to Syria to meet with then-President Bashar Assad around the time of Trump's first inauguration during the country's bloody civil war stunned her former colleagues and the Washington national security establishment. The U.S. had severed diplomatic relations with Syria. Her visit was seen by some as legitimizing a brutal leader who was accused of war crimes. Gabbard has defended the trip, saying it's important to open dialogue, but critics hear in her commentary echoes of Russia-fueled talking points. Assad fled to Moscow over the weekend after Islamist rebels overtook Syria in a surprise attack, ending his family's five decades of rule. She said her own views have been shaped by “my multiple deployments and seeing firsthand the cost of war and the threat of Islamist terrorism.” Gabbard said, “It's one of the many reasons why I appreciate President Trump’s leadership and his election, where he is fully committed, as he has said over and over, to bring about an end to wars.” Last week, the nearly 100 former officials, who served in both Democratic and Republican administrations, said in the letter to Senate leaders they were “alarmed” by the choice of Gabbard to oversee all 18 U.S. intelligence agencies. They said her past actions “call into question her ability to deliver unbiased intelligence briefings to the President, Congress, and to the entire national security apparatus.” The Office of the Director of National Intelligence was created after the Sept. 11, 2001, attacks to coordinate the nation’s intelligence agencies and act as the president’s main intelligence adviser. Associated Press writer Stephen Groves contributed to this report.How major US stock indexes fared Wednesday, 12/11/2024
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