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.
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.