---
schema_version: "secwatch.filing_event.v1"
accession: "0001747079-24-000076"
form_type: "8-K"
ticker: "BALY"
cik: "0001747079"
company_name: "Bally's Corp"
filed_at: "2024-07-12T23:59:59+00:00"
generated_at: "2026-05-31T21:11:40.231441+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bally's secures $2.07B financing from GLPI for Chicago casino; targets Sep 2026 opening

## Summary
- GLPI to acquire Chicago casino real estate; Bally's to pay $20M annual rent under new master lease.
- GLPI provides up to $940M construction financing at 8.5% cap rate; Bally's to complete Chicago project in single phase with 500-room hotel.
- Sale-leaseback of Kansas City and Shreveport properties for $395M; proceeds to repay credit facility.
- Bally's reiterates plan to sell-leaseback Twin River Lincoln to GLPI by end 2026 for $735M ($58.8M annual rent).
- Bally's Chicago IPO of 25% qualified minority ownership per host community agreement.

## SEC filing metadata
- accession: 0001747079-24-000076
- form_type: 8-K
- ticker: BALY
- cik: 0001747079
- company_name: Bally's Corp
- filed_at: 2024-07-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747079/000174707924000076/0001747079-24-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747079/000174707924000076/baly-20240712.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001747079-24-000076
- JSON: https://secwatch.observer/filing/0001747079-24-000076.json
- Plain text: https://secwatch.observer/filing/0001747079-24-000076.txt

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