Every 10-Q that Bally's Corporation (BALY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BALY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BALY filings page.
Bally’s Corporation reported higher revenue but deep losses and liquidity stress for the quarter ended June 30, 2026. Quarterly revenue rose to $792.2 million from $657.5 million a year earlier, driven by both gaming and non‑gaming growth across its Casinos & Resorts and Bally’s Intralot segments.
The company recorded a net loss attributable to Bally’s of $146.1 million for the quarter and $308.0 million for the first six months of 2026. Operating cash flow was negative $265.9 million in the first half, despite $685.0 million of sale‑leaseback proceeds and significant new gaming license and development spending.
Management disclosed that conditions and events raise substantial doubt about Bally’s ability to continue as a going concern. A waiver of leverage covenants under the revolving credit facility is in place through a defined period, but it is subject to minimum liquidity and other conditions that current forecasts indicate may not be met, with total long‑term debt around $4.5 billion.
Bally’s Corporation reported a sizeable quarterly loss while integrating major acquisitions and financing changes. For the three months ended March 31, 2026, revenue reached $755.7 million, driven mainly by gaming, but high costs and financing items led to a net loss attributable to Bally’s of $161.9 million, or $(2.69) per share.
Operating income was positive at $91.6 million, helped by a $105.8 million gain on a Bally’s Twin River sale-leaseback, but this was more than offset by $109.9 million of net interest expense and $145.8 million of other non-operating expense, including a large negative fair value adjustment on investment assets.
Total assets were $10.9 billion and total liabilities $8.6 billion, including $4.4 billion of long-term debt. Cash and restricted cash fell from $906.7 million to $653.4 million, as operations used $145.0 million of cash and financing activities consumed $242.4 million, partly offset by sale-leaseback proceeds.
The quarter also reflects the first full integration phase of the Queen Casino & Entertainment common-control merger and the Intralot acquisition, which added significant goodwill, intangible assets, and a $1.6 billion purchase price, along with $1.6 billion-plus non-controlling interests. New Bally’s Intralot B2B and B2C segments contributed technology, lottery, and international iGaming revenue, but also introduced further complexity and non-controlling interests to the capital structure.
Bally’s Corporation filed its quarterly report for the period ended September 30, 2025. The company reported Q3 revenue of $663,716 thousand and a net loss attributable to Bally’s of $102,912 thousand, or $1.70 per basic share. Income from operations was $989 thousand, reflecting higher costs and interest expense.
Following the February 7, 2025 merger with Queen, Parent and affiliates beneficially owned 73.8% of the common stock at closing. Bally’s issued 26,909,895 shares to SG Gaming and approximately 3,542,201 shares to other Queen stockholders, with the per share price under the agreement set at $18.25 for cash electing holders. The company repurchased shares for $416,180 thousand and issued warrants to purchase 384,536 shares in connection with a support agreement.
As of September 30, 2025, total assets were $7,554,927 thousand, long‑term debt was $3,722,621 thousand, and stockholders’ equity was $521,899 thousand. Cash and cash equivalents were $160,689 thousand, with restricted cash of $79,224 thousand. Operating cash flow for the Successor period was a use of $29,810 thousand, while financing activities provided $300,907 thousand, including $1,275,000 thousand of new debt and $591,349 thousand of repayments.
Bally's Corporation reported combined results for the period following its February 7, 2025 merger with Queen Casino & Entertainment, which materially changed its balance sheet and operating base. For the three months ended June 30, 2025 (Successor), total revenue was $657.5 million driven by gaming ($557.6 million) and non-gaming ($99.9 million). The company recorded a net loss of $228.4 million for the quarter, which included a $185.4 million provision for income taxes that produced an unusually negative effective tax rate. Total assets increased to $7.79 billion with goodwill of $1.72 billion and intangible assets net of $1.94 billion following purchase price allocations. Total liabilities were $7.15 billion, leaving total stockholders' equity of $642.4 million. The company completed significant strategic transactions during the period including the Queen merger (consideration shown at $18.25 per share and a preliminary Queen purchase price of $555.8 million), a large share repurchase of 22.8 million shares for ~$416.2 million, an increase in its equity investment in Intralot to 33.34%, and A$ funding for The Star investment (subordinated and convertible notes outstanding A$111.1 million and A$22.2 million, respectively). Interest expense remained sizable ($97.5 million for the quarter). These items reshaped Bally's scale, capital structure and reported assets and liabilities without providing forward guidance in the filing.