Bally's may consider sale of sports betting unit

This rumor was recently brought up in a blog post by the Off Shore Gaming Association, which notes that despite Bally's recent plans to revamp its online sports betting operations through a new technology partnership with Kambi, the business is having difficulty gaining a sufficient market share in the states where it provides mobile sports betting.

The publication was informed by an unnamed source that rather than allowing the company go out of business like FOX Bet, Bally's would try to sell the sports betting division in order to extract some value for investors.
 
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