During his time with the company, Bally's Corporation completed a previously announced real estate acquisition deal with Gaming & Leisure Properties, Inc. (GLPI). The two completed a sale-leaseback transaction for Rhode Island’s Bally's Tiverton Casino & Hotel and for Missouri’s Bally's Hard Rock Hotel & Casino Biloxi in Biloxi for a total of $635m.
The global casino-entertainment company also recently completed its transaction with a Chicago real estate private equity firm to secure the 30-acre property that is currently home to Tribute Publishing Center. The investor acquired the land for $200m.
After publishing its fourth quarter and full-year results for 2022, Reeves said that Bally’s has put together an action plan that is focused on growing within the North American market.
He commented: "Through our announced restructuring plan of the Interactive business in January, we are taking a deep dive into our approach to North America to ensure that investments we make in sports have a near-term path to profitability. In iCasino states, we continue to take share in New Jersey and Ontario as we integrate this business in a scalable way."
Reeves has been with Bally’s since October 2021, when the company purchased Gamesys, an online software development and gaming business.
Reeves joined Gamesys in 2005 and held a variety of leadership titles during his time there. Like Bally’s outgoing CEO, Lee Fenton, Reeves served in executive roles with the company following the Gamesys purchase.
In October 2021, Reeves took on the role of President of Interactive for Bally’s and will continue to function in this position until the end of March.
“We are a unique company with a robust core and an extraordinary set of opportunities ahead of us. I look forward to working hard with my executive team and all our teams to take those opportunities and maximise our growth." Robeson Reeves