---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-085778"
form_type: "8-K"
ticker: "BALY"
cik: "0001747079"
company_name: "Bally's Corp"
filed_at: "2025-09-09T23:59:59+00:00"
generated_at: "2026-05-17T07:19:49.482429+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bally's discloses Intralot presentation: €2.7bn BII acquisition, pro forma FY24 PF RR Adj. EBITDA €419m, 39% margin

## Summary
- Acquisition Enterprise Value of €2.7bn: €1.530bn cash + €1.136bn in Intralot shares.
- Pro forma FY24 run-rate adj. EBITDA of €419m at 39% margin and 95% operating FCF conversion.
- Mid-term net leverage target ~2.5x; dividend payout ratio 35% of net income.
- Completion expected Q4 2025, subject to regulatory approvals including UKGC pre-approval.

## SEC filing metadata
- accession: 0001213900-25-085778
- form_type: 8-K
- ticker: BALY
- cik: 0001747079
- company_name: Bally's Corp
- filed_at: 2025-09-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747079/000121390025085778/0001213900-25-085778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747079/000121390025085778/ea0256535-8k_ballys.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-085778
- JSON: https://secwatch.observer/filing/0001213900-25-085778.json
- Plain text: https://secwatch.observer/filing/0001213900-25-085778.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.