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Bally's Corporation 8-K Filings

BALY NYSE

Every 8-K 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 8-K covers material events a company has to report between its quarterly 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.

Rhea-AI Summary

Bally’s Corporation (BALY) entered into a new senior secured loan and security agreement on September 4, 2026 through its indirect subsidiary Bally’s New York Operating Company, LLC and related guarantor subsidiaries. The agreement with WhiteHawk Capital Partners provides closing date term loan commitments of $400 million and delayed draw term loan commitments of $160 million to support the Bally’s Bronx project and general corporate purposes.

The Loans will mature 18 months after their initial funding and, when funded, will bear interest at Term SOFR plus 8.50% per annum, subject to a floor. They will be guaranteed by the New York guarantor entities and secured by substantially all assets of the Bally’s New York loan parties. The agreement includes mandatory prepayments from certain asset sales, casualty events and unpermitted debt, permits voluntary prepayment (with a fee on full prepayment), and imposes covenants restricting additional indebtedness, dividends, asset sales, investments and liens, along with construction and development covenants tied to the Bally’s Bronx project.

Rhea-AI Summary

Bally's Corporation (BALY) announced a senior finance leadership transition. Executive Vice President and Chief Financial Officer Mira Mircheva notified the company on August 30, 2026 of her intent to resign as CFO, effective September 4, 2026, and will remain through September 30, 2026 to support a seamless transition. The company states that her departure is for personal reasons and not due to any dispute with Bally’s. President and director George Papanier, a gaming industry veteran and Certified Public Accountant, has been appointed interim Chief Financial Officer effective September 4, 2026 while the Board conducts a search for a permanent CFO. Papanier will retain his roles as President and board member, and is described as supported by an experienced finance organization.

Rhea-AI Summary

Bally’s Corporation reported strong second quarter 2026 results, with consolidated revenue of $792.2 million, a 20.5% year-over-year increase. Growth was led by Bally’s Intralot B2C revenue of $243.5 million (up 22.3%), North America Interactive revenue of $66.1 million (up 16.9%), and Casinos & Resorts revenue of $401.0 million (up 2.0%). Total revenue for the six months ended June 30, 2026 reached $1.55 billion versus $1.27 billion on a pro forma combined basis a year earlier.

Casinos & Resorts Segment Adjusted EBITDAR rose to $109.6 million, while North America Interactive posted Segment Adjusted EBITDAR of $3.0 million, turning profitable despite a six‑month loss of $4.1 million. Bally’s Intralot B2C Segment Adjusted EBITDAR declined to $64.7 million from $75.2 million, pressured by the UK gaming tax rate hike from 21% to 40%, which had an estimated $39 million negative impact on segment EBITDAR, about 65% offset through growth and cost control.

The company highlighted progress on major projects including construction of the permanent Chicago casino, development of the Las Vegas Tropicana site alongside a new MLB stadium, and the $4.0 billion Bally’s Bronx integrated casino project, for which it has already paid a $500 million license fee and a $115 million contingent golf concession payment. Long-term debt stood at $4.51 billion at June 30, 2026, and Bally’s continues to use interest rate and currency swaps to manage financing costs.

Rhea-AI Summary

Bally’s Corporation entered into a Fifth Amendment to its Deutsche Bank Credit Agreement on July 29, 2026. The amendment is among Bally’s, certain subsidiary guarantors, the lenders, and Deutsche Bank AG New York Branch as administrative and collateral agent.

The change conforms certain negative covenant provisions in this Deutsche Bank facility to the corresponding provisions in Bally’s Ares Credit Agreement dated February 11, 2026. The complete terms are set out in the amendment, which is provided as an exhibit and incorporated by reference.

Rhea-AI Summary

Bally's Corporation reports that its majority-owned affiliate Bally’s Intralot S.A. has agreed terms for a recommended acquisition of Evoke PLC, a Gibraltar company listed in London, via a court-approved scheme of arrangement. Bally’s Intralot currently holds about 59.44% of its own outstanding shares through Bally’s Corporation subsidiaries.

Each Evoke share can be exchanged for 0.537 new Bally’s Intralot shares, valuing Evoke’s equity at about £243.1 million based on a Bally’s Intralot share price of €1.12. Evoke shareholders may instead elect a 52 pence per share cash alternative, with total cash elections capped at £117.1 million.

The cash alternative is backed by a €200 million bridge facility from Deutsche Bank and Jefferies, while a steering committee led by TPG, Oaktree and OHA has underwritten a five-year second lien term facility up to the euro equivalent of £889 million to refinance Evoke’s 2028 senior debt. Additional commitments include a £157 million senior facility and an increase in Evoke’s revolving credit facility to £220 million, alongside change-of-control consent waivers on its notes. The deal requires shareholder and regulatory approvals and is expected to conclude between the final quarter of 2026 and the first quarter of 2027, with Bally’s Corporation agreeing to vote its Bally’s Intralot stake in favor of the necessary resolutions.

Rhea-AI Summary

Bally’s Corporation reported the results of its 2026 annual shareholder meeting held virtually on May 19, 2026. Of 48,743,136 common shares entitled to vote, 44,568,505 were represented, providing a strong quorum.

Shareholders elected Jeffrey W. Rollins and George T. Papanier as directors for three-year terms. They also ratified Deloitte & Touche LLP as independent auditor for the year ending December 31, 2026, approved on a non-binding advisory basis the compensation of named executive officers, and approved amendments to the Bally’s Corporation Amended and Restated 2021 Equity Incentive Plan.

Rhea-AI Summary

Bally’s Corporation reported strong first quarter 2026 results, with consolidated revenue of $755.7 million, up 28.3% year over year. Casinos & Resorts revenue reached $379.7 million, while Bally’s Intralot B2C revenue was $239.9 million and North America Interactive revenue was $60.5 million, all showing solid growth.

The company entered a new $1.1 billion term loan facility due 2031 and, together with proceeds from the Intralot transaction and a Lincoln Casino Resort sale-leaseback, fully repaid a previously outstanding $1.47 billion term loan due 2028. Bally’s advanced several large development projects, including its Chicago casino, the $4.0 billion Bally’s Bronx integrated resort, and the planned Bally’s Las Vegas development on the former Tropicana site. During the quarter, it also paid a $500 million statutory New York license fee and continued integrating the Bally’s Intralot operations, with Segment Adjusted EBITDAR growth in key segments.

Rhea-AI Summary

Bally’s Corporation reported strong preliminary results for fourth quarter 2025, with revenue of $746.2 million, up 28.6% year over year. Growth was broad-based, led by Casinos & Resorts at $366.2 million and Bally’s Intralot B2C at $236.5 million, plus 55.4% growth in North America Interactive revenue to $62.3 million.

The year was marked by major strategic moves, including forming Bally’s Intralot, securing a New York casino license in the Bronx, progressing the Chicago and Las Vegas developments, and refinancing debt while repaying a $1.47 billion term loan due 2028. Bally’s will file a Form 12b-25 to extend the deadline for its Form 10-K, and these results remain preliminary pending completion of internal review and audit.

Rhea-AI Summary

Bally’s Corporation entered a new $1.1 billion senior secured term loan facility on February 11, 2026. The financing includes a $600 million closing date term loan and a $500 million delayed draw term loan, both funded on the same day and maturing in 2031, or 2029 if certain unsecured bonds remain outstanding.

The loans carry variable interest based on either an alternate base rate plus 6.50% or Term SOFR plus 7.50%, each with a 3.00% floor, and allow up to 3.50% of interest to be paid in kind. They are secured by substantially all company and guarantor assets, rank pari passu with Bally’s existing revolving credit facility, and include restrictive covenants, make-whole and prepayment premiums, and a 3.00% exit fee on the delayed draw portion.

Rhea-AI Summary

Bally’s Corporation entered into a new term loan credit facility due 2031, providing $1.1 billion of funded term loans from lenders including Ares Management Credit funds, King Street Capital Management and TPG Credit. The loans are secured by substantially all material assets of the company and its wholly-owned subsidiaries, subject to customary exceptions.

The company also completed a previously announced sale and leaseback of the real estate assets of its Twin River Lincoln Casino Resort with GLP Capital, L.P., receiving total consideration of $700 million before expenses and taxes. Initial cash rent for the property is $56 million per year with customary annual escalators. Bally’s plans to use the term loan proceeds for general corporate purposes, including development of Bally’s Bronx and Bally’s Chicago, and, together with other cash sources, to repay in full $1.47 billion of term loans maturing in 2028.

Rhea-AI Summary

Bally’s Corporation appointed Soohyung Kim as Executive Chair effective January 27, 2026. He has served as a director since 2016 and previously chaired the board in a non-executive capacity. An employment agreement sets his annual base salary at $400,000, with a target cash bonus equal to 100% of salary and annual equity awards also targeted at 100% of salary, subject to Compensation Committee determination.

The company states that Standard General L.P. and its affiliates now hold more than 50% of the voting power for electing directors, making Bally’s a “controlled company” under NYSE rules. Bally’s has elected to use NYSE exemptions, and, following Kim’s appointment as Executive Chair, he is no longer considered independent and the Nominating and Governance Committee is no longer composed entirely of independent directors.

Rhea-AI Summary

Bally’s Corporation filed an amended current report to add unaudited pro forma condensed combined financial information for Bally’s, Intralot S.A., and The Queen Casino & Entertainment, Inc. The pro forma data covers the combined businesses as of June 30, 2025, for the year ended December 31, 2024, and for the six months ended June 30, 2025, and is provided in Exhibit 99.1. The amendment states that no other part of the earlier October 8, 2025 report is changed, and it does not discuss any new developments at Bally’s or its subsidiaries.

Rhea-AI Summary

Bally’s Corporation reported that it has entered into an amended and restated commitment letter that replaces a financing commitment originally arranged in July 2025. The new agreement provides up to $600 million of initial term loan commitments and up to $500 million of delayed draw term loan commitments from Ares Management Credit funds, King Street Capital Management, and TPG Credit. The company expects this new financing to be completed in the first quarter of 2026, subject to customary closing conditions, including completing the Twin River Lincoln Casino sale-leaseback transaction and repaying all of its existing term loan.

Rhea-AI Summary

Bally’s Corporation furnished a press release reporting results for the third quarter ended September 30, 2025. The release is attached as Exhibit 99.1 and incorporated by reference as stated. The Item 2.02 information, including Exhibit 99.1, is being furnished and will not be deemed “filed” under Section 18 of the Exchange Act or incorporated into other filings except as expressly stated.

Rhea-AI Summary

Bally’s Corporation reported an amendment to its Contribution Agreement with GLP Capital, L.P. covering the Twin River Lincoln Casino & Hotel. The amendment extends the “Lincoln Open Call Date” — the date from which GLP may require Bally’s and its subsidiaries to contribute the property — to October 1, 2028.

Under the agreement, if GLP exercises this right after the open call date, consideration would equal $735.0 million, subject to the agreement’s terms and receipt of all required governmental approvals. This update is furnished under Item 8.01 and does not change prior financials or incorporate into other filings unless expressly stated.

Rhea-AI Summary

Bally’s Corporation granted equity awards to senior leaders and reported an executive departure. On October 7, 2025, the CEO, Robeson Reeves, received 1,881,000 option rights at an exercise price of $18.25 per share. Half vest in three equal annual installments based on service; the other half are eligible to vest based on service through March 15, 2027, March 15, 2028 and March 15, 2029 and the achievement of performance criteria.

President George Papanier’s employment term was extended to December 31, 2028 (effective November 1, 2025), and he was granted 1,254,000 incentive stock options at $18.25 per share with the same service- and performance-based vesting structure. On October 8, 2025, EVP Global Operations Marcus Glover notified the Company of his departure to pursue other interests; the Company expects to negotiate a separation agreement.

Rhea-AI Summary

Bally’s Corporation has completed the previously announced sale of its “Bally’s International Interactive” business to Intralot S.A. under a July 18, 2025 transaction agreement. The consideration consists of €1.53 billion in cash and €1.136 billion in newly issued Intralot shares, totaling 873,707,073 shares at an implied value of €1.30 per share.

Following closing, Bally’s now holds 1,081,241,951 Intralot shares, representing approximately 58% of Intralot’s outstanding shares, making Bally’s the majority shareholder. Bally’s also issued a press release on October 9, 2025 to announce the closing and may later file required financial and pro forma information related to the transaction.

Rhea-AI Summary

Bally’s Corporation entered into an Incremental Joinder Agreement that amends its existing Credit Agreement. The agreement increases commitments under Bally’s senior secured revolving credit facility due 2028 by $50 million, expanding the size of its available revolving credit line. It also records Jefferies Finance LLC’s consent to a proposed sale and leaseback of the Twin River Lincoln Casino Resort under an existing agreement with Gaming and Leisure Properties Inc. for $735 million before transaction expenses.

Both the increased revolving commitments and Jefferies’ consent to the proposed Twin River sale-leaseback are contingent upon required regulatory approvals and the occurrence of the Amendment No. 3 Extension Effective Date defined in a prior amendment to the Credit Agreement.

Rhea-AI Summary

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.

Rhea-AI Summary

Bally's Corporation reported that board member Terrence Downey has decided to retire from its Board of Directors. He informed the company of his decision on September 9, 2025, and his retirement will be effective September 26, 2025. The filing does not describe any disagreement or broader change in governance; it simply notes his planned departure from the board. Bally's common stock continues to trade on the New York Stock Exchange under the symbol BALY.

Rhea-AI Summary

Bally's Corp amended its Credit Agreement to extend $460 million of revolving commitments to October 1, 2028, creating an "Extended Tranche Revolving Credit Facility" subject to customary closing conditions and a described springing maturity. The amendment narrows the financial covenant on the revolving tranches to a first lien net leverage ratio of 4.50:1.00, reduced from 5.00:1.00, with a further step-down to 4.00:1.00 upon completion of the company’s previously announced transaction with Intralot S.A. The amendment also ties permission for the SLB transaction with GLPI to lender consents: combined consenting revolving and term B loan lenders must constitute a majority of loans and commitments; a holder of first lien secured notes due 2028 has already consented.

Rhea-AI Summary

Bally's Corporation furnished a press release reporting its financial results for the quarter ended June 30, 2025. The press release is attached to this current report as Exhibit 99.1 and is expressly furnished rather than "filed" for purposes of Section 18 of the Exchange Act, meaning it is not automatically incorporated by reference into other filings. The filing also references the cover page interactive data file as Exhibit 104. The report is signed on the registrant's behalf by the company CFO.

Rhea-AI Summary

On 21 Jul 2025 Bally’s Corporation (BALY) filed an 8-K announcing a €2.7 billion Transaction Agreement with Greek gaming operator Intralot S.A.. Intralot will acquire 100% of Bally’s Holdings Ltd.—which contains the Company’s “International Interactive” business—in exchange for €1.53 billion cash (subject to adjustment) and 873,707,073 newly issued Intralot shares valued at €1.30 each. Post-close, Bally’s is expected to become Intralot’s majority shareholder.

Closing is targeted for 4Q 2025 and is subject to: (i) U.S. (HSR) and non-U.S. antitrust clearances, (ii) gaming regulatory approvals, (iii) Intralot shareholder approval, (iv) completion of an Intralot equity offering, (v) Athens Exchange listing of the consideration shares, and (vi) availability of up to €1.6 billion in committed debt financing from Citizens Bank, Deutsche Bank, Goldman Sachs and Jefferies.

The deal provides Bally’s with immediate liquidity and a controlling stake in an expanded international gaming platform, but completion remains contingent on multiple regulatory and financing hurdles.