---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-123742"
form_type: "8-K/A"
ticker: "BALY"
cik: "0001747079"
company_name: "Bally's Corp"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:36:40.831910+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bally's files pro forma financials for Intralot/Queen deals; $3.5B goodwill, $724M pro forma net loss

## Summary
- Acquired 57.9% stake in Intralot for $1.79B cash + 873.7M new shares; financed with $1.82B new debt and $500M equity.
- Pro forma FY2024 net loss attributable to Bally's $633.8M ($10.92/share) vs historical $567.8M loss.
- Pro forma H1 2025 net loss $113.3M ($2.10/share) vs historical net income $15.3M.
- Bally's used $1.11B cash from Intralot to redeem $500M 11% 2028 Notes and pay down $394.6M of Term Loan.
- Pro forma balance sheet: $11.6B total assets, $3.5B goodwill, $4.6B long-term debt, $1.9B noncontrolling interest.

## SEC filing metadata
- accession: 0001213900-25-123742
- form_type: 8-K/A
- ticker: BALY
- cik: 0001747079
- company_name: Bally's Corp
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747079/000121390025123742/0001213900-25-123742-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747079/000121390025123742/ea0270192-8ka1_ballys.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-123742
- JSON: https://secwatch.observer/filing/0001213900-25-123742.json
- Plain text: https://secwatch.observer/filing/0001213900-25-123742.txt

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