secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bally's Corp (BALY)
CIK:        0001747079
Form:       8-K/A
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001213900-25-035614
Event type: m_and_a
Sentiment:  negative
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bally's files Queen Casino audited results: 2024 net loss $12.1M on $225M revenue
--------------------------------------------------------------------------------

- Queen Casino 2024 revenue $225.2M (+13.7% YoY), gaming revenue $212.5M.
- Net loss of $12.1M in 2024 vs net income of $102.5M in 2023, driven by $13.1M loss on marketable equity securities.
- Total assets of $643.7M, liabilities $427.0M, equity $216.8M as of Dec 31, 2024.
- Marcum LLP issued unqualified audit opinion on Queen's 2024 and 2023 consolidated financial statements.
- Bally's also filed unaudited pro forma combined financials for the year ended Dec 31, 2024 (Exhibit 99.2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747079/000121390025035614/0001213900-25-035614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747079/000121390025035614/ea0239125-8ka1_ballys.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-035614

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer