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Men are more likely than women (24% vs. 15%) to say they have bet on sports in some form in the past year, as are adults under the age of 50 when compared with those 50 and older (22% vs. 17%). There are also differences by race and ethnicity: Black (27%) and Hispanic adults (24%) are more likely than White (18%) and Asian American adults (10%) to report doing so.
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Liquidity has been an issue for Bally¡¯s: in its Q3 2022 earnings statement, the company reported $3.4B in debt and only $165M in cash on hand. The transaction with Oak Street is the third sale-leaseback deal for Bally¡¯s this year.