{"schema_version":"secwatch.filing_event.v1","accession":"0001747079-23-000025","form_type":"8-K","ticker":"BALY","cik":"0001747079","company_name":"Bally's Corp","filed_at":"2023-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.396231+00:00","generated_at":"2026-06-19T03:05:04.224375+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bally's Q4 revenue $576.7M, net loss $487.5M on $464M impairment; reaffirms 2023 guidance","bullets":["Full-year 2022 revenue $2.3B, net loss $425.5M (incl. $464M non-cash goodwill/asset impairment).","Q4 Adjusted EBITDA $145.8M; full-year Adjusted EBITDA $548.5M.","2023 guidance: revenue $2.5-2.6B, Adjusted EBITDAR $660-700M, reaffirmed from Feb 13.","CEO transition: Robeson Reeves (current President-Interactive) to become CEO; George Papanier to become President.","UK revenue grew 12% organically in Q4; iCasino market share increased in New Jersey and Ontario."],"urls":{"canonical":"https://secwatch.observer/filing/0001747079-23-000025","json":"https://secwatch.observer/filing/0001747079-23-000025.json","markdown":"https://secwatch.observer/filing/0001747079-23-000025.md","text":"https://secwatch.observer/filing/0001747079-23-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000025/0001747079-23-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000025/baly-20230223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T03:05:04.224375+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"452f2b8dd43d37b1538ad1cad9abdcbd34f46b10","claim":"Bally's Corp reported the fourth quarter ended December 31, 2022 results: revenue $576.7 million, net income Net loss of $487.5 million.","evidence_excerpt":"Fourth Quarter and Full Year 2022 Financial Highlights • Revenue of $576.7 million and $2.3 billion, respectively • Net loss of $487.5 million and $425.5 million, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000025/0001747079-23-000025-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$576.7 million"},{"label":"Net income","value":"Net loss of $487.5 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"90f7b2a5cbcfbbe7154530acccb805ac65002e75","claim":"Bally's Corp reported the year ending December 31, 2023 results: revenue $2.5 billion to $2.6 billion. Guidance reaffirmed.","evidence_excerpt":"Bally’s is reaffirming the guidance it provided on February 13, 2023 for the year ending December 31, 2023 and estimates revenue in the range of $2.5 billion to $2.6 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000025/0001747079-23-000025-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ending December 31, 2023"},{"label":"Revenue","value":"$2.5 billion to $2.6 billion"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"b325bac2550d374bb7a9abe44963a60b144e2890","claim":"Bally's Corp reported the full year ended December 31, 2022 results: revenue $2.3 billion, net income Net loss of $425.5 million.","evidence_excerpt":"reported financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter and Full Year 2022 Financial Highlights • Revenue of $576.7 million and $2.3 billion, respectively • Net loss of $487.5 million and $425.5 million, respectively, includes non-cash goodwill and asset impairment charges of $464.0 million • Adjusted EBITDA of $145.8","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000025/0001747079-23-000025-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$2.3 billion"},{"label":"Net income","value":"Net loss of $425.5 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}