secwatch.observer — SEC 8-K summary
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Issuer:     Bally's Corp (BALY)
CIK:        0001747079
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001747079-22-000125
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bally's Q3 rev $578.2M, net income $0.6M; lowers FY adj. EBITDA guidance to $540M
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- Q3 2022 revenue $578.2M, net income $0.6M, Adjusted EBITDA $151.0M.
- CEO: Casinos & Resorts benefited from full quarter of regional property integration; Tropicana Las Vegas added.
- FY 2022 guidance updated: revenue ~$2.25B, Adjusted EBITDA ~$540M (vs. prior ~$550M).
- Repurchased 5.4M shares for $119.3M in Q3; $215.4M remaining under capital return program.
- Adjusted EBITDA methodology revised to exclude launch costs/preopening expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747079/000174707922000125/0001747079-22-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747079/000174707922000125/baly-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001747079-22-000125

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