---
schema_version: "secwatch.filing_event.v1"
accession: "0001747079-24-000077"
form_type: "8-K"
ticker: "BALY"
cik: "0001747079"
company_name: "Bally's Corp"
filed_at: "2024-07-12T23:59:59+00:00"
generated_at: "2026-05-31T21:11:35.223882+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bally's secures $940M Chicago development funding from GLPI; $395M sale-leaseback of two casinos

## Summary
- GLPI to acquire Bally's Kansas City and Shreveport real estate for $395M cash; initial annual rent $32.2M under new Master Lease 2.
- GLPI commits up to $940M to fund Chicago casino hard costs; Bally's must invest $560M equity first and retain completion funding.
- Chicago lease: $20M annual rent plus 8.5% development rent on funded amounts; initial 15-year term with renewal options.
- Conditions include gaming approvals, diligence, no material adverse effect; transaction contingent on Bally's strategic review.

## SEC filing metadata
- accession: 0001747079-24-000077
- 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: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747079/000174707924000077/0001747079-24-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747079/000174707924000077/baly-20240711.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001747079-24-000077
- JSON: https://secwatch.observer/filing/0001747079-24-000077.json
- Plain text: https://secwatch.observer/filing/0001747079-24-000077.txt

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