Bally's Corp: amended Schedule 13G — Whitefort Capital Management, LP and its co-managing partners David Salanic and Joseph Kaplan report shared beneficial ownership of 2,408,063 shares of Common Stock as of March 12, 2026, representing 4.9% of the class based on 49,162,136 shares outstanding as of October 31, 2025.
The filing states Whitefort Management acts as investment manager for client accounts holding these shares and that Messrs. Salanic and Kaplan, as co-managing partners, may be deemed to have shared voting and dispositive power over the reported shares.
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Insights
Whitefort reports a passive, sub-5% position in Bally's.
Whitefort Capital Management, together with co-managing partners David Salanic and Joseph Kaplan, report beneficial ownership of 2,408,063 shares, equal to 4.9% of the outstanding Common Stock using the issuer's October 31, 2025 share count. The position is reported as shared voting and dispositive power through managed client accounts.
Because the percentage is under 5%, the filing indicates routine institutional disclosure rather than an activist or control intent; subsequent filings would show any material change in ownership.
Filing clarifies attribution and ownership mechanics, not a transaction.
The amendment attributes the same 2,408,063 shares to Whitefort Management and to each co-managing partner by virtue of their managerial roles. The cover-page fields list shared voting and dispositive power for that quantity.
Governance implications are limited: the reported holdings remain below common beneficial-ownership thresholds that trigger additional obligations; any change in control attribution would require future disclosure in Schedule 13D/13G amendments.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Whitefort Capital report in Bally's Corp (BALY)?
Whitefort Capital reports beneficial ownership of 2,408,063 shares, representing 4.9% of outstanding Common Stock. The percentage is calculated using 49,162,136 shares outstanding as of October 31, 2025, per the issuer's Form 10-Q.
Who are the individuals named in the Schedule 13G/A for BALY?
David Salanic and Joseph Kaplan are named as Co-Managing Partners of Whitefort Management. Each may be deemed to beneficially own the reported 2,408,063 shares held in client accounts managed by Whitefort Management.
Does this Schedule 13G/A indicate Whitefort seeks control of Bally's?
No; the filing reports passive beneficial ownership of 4.9%, below common control thresholds. It attributes shared voting and dispositive power via managed client accounts rather than announcing any control intent or proposal.
As of what date is the ownership reported in this amendment?
The reported beneficial ownership is stated as of the close of business on March 12, 2026. The outstanding-share base used for the percentage was 49,162,136 shares as of October 31, 2025.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Bally's Corp
(Name of Issuer)
Common stock, $0.01 par value (the "Shares")
(Title of Class of Securities)
03/12/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Whitefort Capital Management, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,408,063.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,408,063.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,408,063.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
David Salanic
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
FRANCE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,408,063.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,408,063.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,408,063.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Joseph Kaplan
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,408,063.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,408,063.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,408,063.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Bally's Corp
(b)
Address of issuer's principal executive offices:
100 Westminster Street, Providence, RI 02903
Item 2.
(a)
Name of person filing:
The names of the persons filing this statement on Schedule 13G are (collectively, the "Reporting Persons"):
* Whitefort Capital Management, LP, a Delaware limited partnership ("Whitefort Management");
* David Salanic, a French citizen ("Mr. Salanic"); and
* Joseph Kaplan, a United States citizen ("Mr. Kaplan").
Whitefort Management acts as the investment manager of certain client accounts. Each of Mr. Salanic and Mr. Kaplan is a Co-Managing Partner of Whitefort Management.
By virtue of these relationships, each of Whitefort Management, Mr. Salanic and Mr. Kaplan may be deemed to have voting and dispositive power with respect to shares of Common Stock (as defined below) held in client accounts managed by Whitefort Management.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is 12 East 49th Street, 40th Floor, New York, New York 10017.
(c)
Citizenship:
Mr. Salanic is a citizen of France.
Mr. Kaplan is a citizen of the United States.
Whitefort Management is a limited partnership formed under the laws of the State of Delaware.
(d)
Title of class of securities:
Common stock, $0.01 par value (the "Shares")
(e)
CUSIP No.:
05875B304
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of the close of business on March 12, 2026,
(i) Whitefort Management, as the investment manager of certain client accounts, may be deemed to beneficially own the 2,408,063 Shares held in such accounts;
(ii) Mr. Salanic, as a Co-Managing Partner of Whitefort Management, may be deemed to beneficially own the 2,408,063 Shares held in the client accounts managed by Whitefort Management.
(iii) Mr. Kaplan, as a Co-Managing Partner of Whitefort Management, may be deemed to beneficially own the 2,408,063 Shares held in the client accounts managed by Whitefort Management.
(b)
Percent of class:
The percentage of Shares reported owned by each person named herein is based upon 49,162,136 Shares outstanding as of October 31, 2025, as reported on the Issuer's Form 10-Q filed with the Securities and Exchange Commission on November 12, 2025. As of the close of business on March 12, 2026, each of the Reporting Persons may be deemed to beneficially own 4.9% of the outstanding Shares.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-8.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-8.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-8.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-8.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit A of the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on March 9, 2026.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
