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According to a Monday report from the New York Post newspaper, the Providence-headquartered firm has agreed a million deal that will see it acquire the worldwide rights to the Bally name from the recently-enlarged Caesars Entertainment Incorporated.Potential plans:Although the agreement will not require Caesars Entertainment Incorporated to change the current name of its Bally’s Las Vegas property, Kim reportedly told the New York Post that Twin River Worldwide Holdings Incorporated moreover now anticipates altering its ticker symbol before following up with the launch of a North America-facing online sportsbetting service.Identity alteration:The newspaper reported that the arrangement was revealed by Soo Kim, Chairman for giant American hedge fund Standard General, which holds a 39% stake in Twin River Worldwide Holdings Incorporated, and is to subsequently involve the New York-listed operator rebranding its corporate identity as well as every one of its eleven casinos in six American states....
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