BALLYS Stock Price, News & Analysis

Bally's (NYSE: BALY) completed the sale of its International Interactive business to Intralot at an enterprise value of €2.7 billion, receiving €1.530 billion cash plus €1.136 billion in newly issued Intralot shares (873,707,073 shares at implied €1.30/share). After combining prior holdings, Bally's holds a 58% equity stake in Intralot.

Intralot announced a successful €429 million share issue on October 8, 2025. The combined Intralot business is expected to generate ~€1.1 billion annual revenue with EBITDA margins >39%. Bally's intends to use at least $1.0 billion of after-tax cash to reduce secured debt, apply $500 million from a contemplated Twin River sale-leaseback to debt reduction, maintain a $670 million revolver, and allocate at least $200 million toward its Chicago casino development tied to a $940 million commitment with Gaming and Leisure Properties.

Bally's Corporation (NYSE:BALY) has secured increased commitments for its revolving credit facility (RCF) to $670 million, with $510 million extended to October 2028. The company received unanimous consent from RCF lenders for the planned $735 million sale and leaseback of Twin River Lincoln Casino Resort to Gaming and Leisure Properties (NASDAQ:GLPI).

Upon completion of the sale-leaseback transaction, Bally's will reduce secured debt by $500 million, including a 7.5% reduction in RCF commitments to $620 million and approximately 19% reduction in term loan and first lien notes. Total outstanding term loans and first lien notes are expected to decrease from $2.4 billion to $1.92 billion.

Additionally, Bally's continues progressing with its previously announced €2.7 billion sale of Bally's International Interactive business to Intralot S.A., expected to close in Q4 2025.

Bally's Corporation (NYSE:BALY) has unveiled plans for a transformative new resort destination on the Las Vegas Strip, to be built at the former Tropicana Las Vegas site. The ambitious project will share a 35-acre campus with the future Las Vegas Athletics MLB ballpark.

The development, set to begin in first half of 2026, will feature two luxury hotel towers with 3,000 rooms, a 2,500-seat entertainment venue, and over 500,000 square feet of retail, dining, and entertainment space. The project, developed in partnership with JLL and designed by Marnell Architecture, will include a casino and VIP experience with direct ballpark access.

Bally's Corporation (NYSE:BALY) has secured significant amendments to its revolving credit facility (RCF). Key developments include: extension of $460 million RCF commitments to October 2028, unanimous consent from $620 million RCF lenders for the Twin River Lincoln Casino Resort sale and leaseback (SLB) transaction with GLPI for $735 million.

Upon SLB completion, Bally's will reduce secured debt by $500 million, including a 7.5% reduction in RCF commitments to $574 million and approximately 19% reduction in term loan and first lien notes. The company is also progressing with the €2.7 billion sale of Bally's International Interactive to Intralot S.A., expected to close in Q4 2025, which will result in Bally's owning over 60% equity in the combined entity.

Bally's Corporation (NYSE: BALY) has successfully completed its first Community Investment Program for the Bally's Chicago casino and resort project. The innovative public-private partnership initiative has attracted nearly 1,800 unique shareholders, including 1,007 Chicagoans and 1,573 Illinois-based shareholders.

The program, which allows non-accredited local residents to invest in and share ownership of the project, was launched through an SEC-registered offering that became effective on August 12, 2025. The company plans to conduct additional rounds of placements in the future through Loop Capital Markets.

Bally's Corporation (NYSE:BALY) reported Q2 2025 financial results with total revenue of $657.5 million, up 5.8% year-over-year. The company's performance was marked by strong growth across segments, with Casinos & Resorts revenue increasing 14.7% to $393.3 million and North America Interactive revenue rising 21.5% to $56.5 million.

Key developments include a landmark agreement where Intralot S.A. will acquire Bally's International Interactive business for €2.7 billion, making Bally's the majority shareholder of Intralot. The company also made a strategic AUD $200 million investment in Star Entertainment Group and continues progress on its Chicago gaming resort construction and proposed $4 billion Bronx casino project.

Bally's Corporation (NYSE: BALY) has scheduled the release of its Q2 2025 financial results for Monday, August 11, 2025, after market close. The results will cover the quarter ended June 30, 2025.

Intralot S.A. (ATSE: INLOT) has announced a landmark agreement to acquire Bally's Corporation's (NYSE: BALY) International Interactive business in a cash-and-shares transaction valued at €2.7 billion. The deal structure includes €1.530 billion in cash consideration and €1.136 billion in newly issued Intralot shares (873,707,073 shares at €1.30 per share).

To finance the transaction, Intralot has secured commitments for debt financing up to €1.6 billion from Citizens Bank, Deutsche Bank, Goldman Sachs, and Jefferies, and plans to launch a €400 million share capital increase. Bally's will become Intralot's majority shareholder post-transaction, while founder Sokratis Kokkalis will maintain a significant stake.

The combined entity will emerge as a leading digital gaming operator and technology provider for lottery products, with operations across Europe and North America. The transaction, expected to close in Q4 2025, will create a company with €1.1 billion in revenues, approximately 38% pre-synergies EBITDA margin, and over €1.4 billion in contracted lottery revenue through 2029.

Post-transaction, Robeson Reeves, Bally's current CEO, will become Intralot's CEO, while Nikolaos Nikolakopoulos will serve as President and CEO of the Lotteries division, and Chrysostomos Sfatos as CFO.

Hasbro (NYSE:HAS) has announced new multi-year casino licensing partnerships with Aristocrat Technologies, Evolution, Galaxy Gaming, and Bally's, joining existing licensee Sciplay. The partnerships, set to launch in January 2026, align with Hasbro's "Playing to Win" strategy announced in February 2025.

The partnerships will expand Hasbro's nearly 30-year presence in the gambling sector through various formats: Aristocrat Technologies will develop land-based slot machines featuring MONOPOLY; Evolution will create online slots and live casino games with MONOPOLY and Hasbro Games; Galaxy Gaming will produce casino table games incorporating MONOPOLY, YAHTZEE, and BATTLESHIP; and Bally's will operate online casino games featuring MONOPOLY.

This strategic expansion aims to reimagine Hasbro's iconic brands for adult audiences across physical and digital gambling platforms, including land-based gaming slots, online gaming slots, casino table games, and online casinos.