Bally’s (NYSE: BALY) notifies SEC of late 2025 10-K; 15-day extension

Rhea-AI Filing Summary

Bally’s Corporation was unable to file its Annual Report on Form 10-K for the year ended December 31, 2025 within the prescribed period because additional time is required to complete accounting and disclosures related to its transaction with Intralot S.A. The company expects to file the Annual Report within the fifteen calendar day extension permitted under Rule 12b-25.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

☒ Form 10-K ☐ Form 20-F ☐ Form 11-K ☐ Form 10-Q ☐ Form 10-D ☐ Form N-CEN ☐ Form N-CSR

For Period Ended: December 31, 2025

☐ Transition Report on Form 10-K

☐ Transition Report on Form 20-F

☐ Transition Report on Form 11-K

☐ Transition Report on Form 10-Q

For the Transition Period Ended: __________________

Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

PART I

REGISTRANT INFORMATION

Bally’s Corporation

Full Name of Registrant

Former Name if Applicable

100 Westminster Street

Address of Principal Executive Office (Street and Number)

Providence, Rhode Island 02903

City, State and Zip Code

PART II

RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)

			(a)			The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
☒			(b)			The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN, or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
			(c)			The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III

NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Bally’s Corporation, (the “Company”) was unable to file its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Annual Report”) within the prescribed time period as additional time is necessary to complete the accounting and disclosures relating to the Company’s transaction with Intralot S.A., including the completion of the audit of the Company's financial statements. The Company currently expects to file the Annual Report within the extension period of fifteen calendar days permitted under Rule 12b-25 of the Securities Exchange Act of 1934, as amended.

PART IV

OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification

Vladimira Mircheva

(401)

475-8564

(Name)

(Area Code)

(Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). ☒ Yes ☐ No

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

☐Yes ☒ No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

Bally’s Corporation

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 17, 2026

By:			/s/ VLADIMIRA MIRCHEVA
			Vladimira Mircheva
			Chief Financial Officer
			(Principal Financial and Accounting Officer)

FAQ

Why did Bally’s (BALY) file a Rule 12b-25 notification?

Direct answer: Bally’s filed the Rule 12b-25 notice because it could not timely complete its 2025 Form 10-K due to accounting and disclosure work related to its transaction with Intralot S.A. Context: the company stated it needs additional time to finish the audit and disclosures.

When does Bally’s (BALY) expect to file the missing 2025 Form 10-K?

Direct answer: Bally’s expects to file the 2025 Form 10-K within the fifteen calendar day extension permitted under Rule 12b-25. Context: the notification specifically cites the 15-day extension as the target period to complete accounting and disclosure items tied to Intralot.

Who at Bally’s can be contacted about the late filing?

Direct answer: The contact listed is Vladimira Mircheva, Chief Financial Officer, at (401) 475-8564. Context: this contact is provided in the Rule 12b-25 notice for questions regarding the company’s inability to timely file the 2025 Form 10-K.

Does the Rule 12b-25 notice say the delay will change reported results?

Direct answer: The notice does not state that significant changes in results of operations are expected. Context: the narrative attributes the delay to completing accounting and audit work for the Intralot S.A. transaction and anticipates filing within the 15-day extension.