{"schema_version":"secwatch.filing_event.v1","accession":"0001747079-23-000054","form_type":"8-K","ticker":"BALY","cik":"0001747079","company_name":"Bally's Corp","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.362473+00:00","generated_at":"2026-06-15T09:36:12.198190+00:00","sec_items":["2.02","5.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Bally's Q1 revenue $598.7M (+9.2% YoY); net income $178.3M; raises 2023 Adj. EBITDAR guidance","bullets":["Revenue $598.7M (+9.2% YoY); net income $178.3M vs $1.9M prior year; Adj. EBITDA $126.4M (+10.2% YoY).","Raised 2023 Adj. EBITDAR guidance to $665-700M; revenue outlook unchanged $2.5-2.6B; capex guidance cut to $160M.","CFO Robert Lavan resigned; Marcus Glover appointed new EVP/CFO with base salary $625,000 and 100% bonus target.","Jaymin B. Patel appointed Vice Chair to lead new Operational Integration Committee for global cost streamlining.","Announced partnerships with Kambi & White Hat Gaming for Bally Bet relaunch; repurchased 1M shares for $19.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001747079-23-000054","json":"https://secwatch.observer/filing/0001747079-23-000054.json","markdown":"https://secwatch.observer/filing/0001747079-23-000054.md","text":"https://secwatch.observer/filing/0001747079-23-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000054/0001747079-23-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000054/baly-20230505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:36:12.198190+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":"21bf2762852c753e17c392d9913c07418b5dd2cf","claim":"Bally's Corp reported first quarter ended March 31, 2023 results: revenue $598.7 million, net income $178.3 million. Guidance raised.","evidence_excerpt":"Bally's Corporation (NYSE: BALY) today reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights • Revenue of $598.7 million, an increase of 9.2% year-over-year • Net income of $178.3 million compared to $1.9 million in prior year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000054/0001747079-23-000054-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$598.7 million"},{"label":"Net income","value":"$178.3 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3a1544d41f64626576aa25ba2c6de895c60d85b7","claim":"Bally's Corp reported the year ending December 31, 2023 results: revenue $2.5 billion to $2.6 billion. Guidance raised.","evidence_excerpt":"Adjusted EBITDA losses in North America Interactive and before approximately $124 million of rent expense (cash rent of $119 million). Revenue estimates remain in the range of $2.5 billion to $2.6 billion. We are also reducing our 2023 capital expenditure guidance from $170 million to $160 million, with maintenance capital expenditures at the casinos of $50","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000054/0001747079-23-000054-index.htm","confidence":0.9,"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":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"152d1d4308","claim":"Marcus Glover was appointed as Executive Vice President and Chief Financial Officer at Bally's Corp.","evidence_excerpt":"On May 5, 2023, Bally’s appointed Marcus Glover, age 48, as Bally’s Executive Vice President and Chief Financial Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000054/0001747079-23-000054-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President and Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"469fc01044","claim":"Robert Lavan resigned as Executive Vice President and Chief Financial Officer at Bally's Corp.","evidence_excerpt":"On May 5, 2023, Robert Lavan resigned as Executive Vice President and Chief Financial Officer of Bally’s Corporation.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747079/000174707923000054/0001747079-23-000054-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Executive Vice President and Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}