During a virtual annual meeting that lasted approximately 10 minutes, Bally’s Corporation shareholders Thursday rejected a proposal that could have led Rhode Island’s sole casino operator to eventually ban indoor smoking.
The full results won’t be known until Bally’s submits a regulatory filing in the next few days. If at least 5% of shareholders supported the proposal compelling the board of directors to commission a report on the potential cost savings of adopting a smoke-free policy for Bally’s Corporation properties, it is eligible to be presented again in 2025, said Cathy Rowan, director of socially responsible investments at Trinity Health.
The Michigan-based nonprofit health care organization, which owns 440 shares of Bally’s stock — or 0.001% of Bally’s 40 million shares — proposed the study in collaboration with the American Nonsmokers’ Rights Foundation, based in Berkeley, California.