BALLYS SEC Filings

Insider option grant and ownership update for Bally's Corporation (BALY). A reporting person identified as George T. Papanier, who is both a director and an officer (President), received an award of 627,000 stock options on 10/07/2025 with an exercise price of $18.25 and an expiration date of 10/07/2035. The options were granted as an acquisition (code A) and are recorded as directly owned. The options vest ratably subject to continuous service on 1/01/2027, 1/01/2028, and 1/01/2029. Following the grant, the reporting person beneficially owns 627,000 underlying shares if exercised. The filing is signed by an attorney-in-fact on 10/09/2025.

Bally's Corporation director and Chief Executive Officer received stock options on 10/07/2025. The award grants 940,500 options exercisable at $18.25 per share and expiring on 10/07/2035. The options were reported as acquired and are held directly by the reporting person. Vesting is ratable and conditioned on continuous service, with portions scheduled to vest on 01/01/2027, 01/01/2028, and 01/01/2029.

The filing shows no cash paid at grant ($0 reported for underlying shares) and indicates the form was signed via attorney-in-fact on 10/09/2025. This is a compensation-related equity grant to an executive who also serves as a director, increasing their direct potential ownership over time if options are exercised.

Form 4 disclosure for Bally's Corp (BALY) shows that Standard General L.P. and Soohyung Kim reported changes in beneficial ownership dated 09/30/2025 and filed 10/01/2025. The report lists 33,359,744 shares of common stock beneficially owned indirectly by Standard General. Mr. Kim received an immediately vested restricted stock grant of 4,505 shares at no cash price, and there is a reported disposition of 61,053 shares. The filing explains the indirect ownership arises from Standard General acting as investment manager to private vehicles and notes customary disclaimers of beneficial ownership.

Bally's Corporation entered into a transaction agreement under which Intralot S.A. will directly and/or indirectly acquire all issued and outstanding capital stock of Bally's Holdings Limited, the Jersey entity that holds the "Bally's International Interactive" business. The parties expect the Closing to occur in the fourth quarter of 2025. As a result of the Transactions the company is expected to become the majority shareholder of Intralot. The filing references interim carve-out financial statements and a BII MD&A being filed as an exhibit but the excerpt does not include the full financial disclosures or detailed transaction economics.

Amendment No. 27 to Schedule 13D updates beneficial ownership information for Bally's Corporation common stock. Standard General L.P. reports beneficial ownership of 33,359,744 shares, representing 67.91% of the outstanding shares. Individual reporting person Kim Soohyung reports aggregate beneficial ownership of 33,416,292 shares, or 68.03%. The filing states that on September 16, 2025 a private investment vehicle managed by Standard General distributed 2,400,000 shares of Bally's common stock for no consideration. The reported percentages use an outstanding share count of 49,122,902 shares as of July 31, 2025. No other transactions in the prior 60 days are reported.

Bally's Corp (BALY) Form 4: The filing reports that on 09/16/2025 a distribution or sale occurred in which 2,400,000 shares of Bally's common stock were disposed of with a transaction code J and reported price $0, reflecting a distribution from a private investment vehicle managed by Standard General L.P.

After the reported transaction, the reporting parties show 33,359,744 shares held indirectly and 56,548 shares held directly. The disclosure notes that Standard General is the investment manager of the private vehicles and that Soohyung Kim is a director of the general partner and the issuer; both reporting persons disclaim beneficial ownership except for pecuniary interest.