Bally's Corp reported first quarter ended March 31, 2026 results: revenue $755.7 million.
“Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) today reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 and Recent Highlights • Consolidated revenue of $755.7 million increased 28.3% year over year”
Debt Financings
Bally's Corp incurred term loan of $1.1 billion with Ares Agent Services, L.P., as administrative agent and collateral agent, Ares Management LLC, Platinum Birch Ltd. and Angelo, Gordon & Co., L.P., as lead arrangers and bookrunners at (1) during such periods as such Loan is an ABR Loan, the Alternate Base Rate, su maturing February 11, 2031, unless the Company's unsecured bonds due 2029 remain outstanding as of March 1, 2029, in which case the Term Loans will mature on March 1, 20.
“Bally’s Corporation (“Bally’s” or the “Company”), as borrower, and certain of its subsidiaries, as guarantors, entered into a term loan credit agreement with Ares Agent Services, L.P., as administrative agent and collateral agent, Ares Management LLC, Platinum Birch Ltd. and Angelo, Gordon & Co., L.P., as lead arrangers and bookrunners, and certain financial institutions party thereto as lenders providing for senior secured term loans of $1.1 billion”
Material Agreements
Bally's Corp entered into Term Loan Credit Agreement with Ares Agent Services, L.P., as administrative agent and collateral agent, Ares Management LLC, Platinum Birch Ltd. and Angelo, Gordon & Co., L.P., as lead arrangers and bookrunners, and certain financial institutions party thereto as lenders valued at $1.1 billion (effective 2026-02-11).
“On February 11, 2026 (the “Closing Date”), Bally’s Corporation (“Bally’s” or the “Company”), as borrower, and certain of its subsidiaries, as guarantors, entered into a term loan credit agreement with Ares Agent Services, L.P., as administrative agent and collateral agent, Ares Management LLC, Platinum Birch Ltd. and Angelo, Gordon & Co., L.P., as lead arrangers and bookrunners, and certain financial institutions party thereto as lenders providing for senior secured term loans of $1.1 billion (the “Term Loan Credit Agreement”).”
M&A Transactions
Bally's Corp completed a disposition involving Intralot S.A. for €1.53 billion in cash and €1.136 billion in newly issued Intralot shares (closed 2025-10-08).
“now been acquired by Intralot in exchange for consideration comprised of (subject to certain customary agreed adjustments for net debt, working capital and transaction expenses) €1.53 billion in cash and €1.136 billion in newly issued Intralot shares (873,707,073 shares at an implied value of €1.30 per share). With the completion of the transaction, the Company has”
Debt Financings
Bally's Corp incurred revolving credit of increase of commitments under the Company's existing senior secured revolving credit facility due 2028 in an amount equa with Jefferies Finance LLC maturing due 2028.
“The Incremental Joinder Agreement provides for (i) an increase of commitments under the Company’s existing senior secured revolving credit facility due 2028 in an amount equal to $50 million”
Mira Mircheva was appointed as Executive Vice President and Chief Financial Officer at Bally's Corp.
“On March 5, 2025, Bally’s appointed Mira Mircheva, age 46, as Bally’s Executive Vice President and Chief Financial Officer, subject to receipt of customary regulatory approvals.”
Shareholder Votes
Bally's Corp shareholders rejected Shareholder Proposal Regarding a Report on the Adoption of a Smokefree Policy at the 2024-05-16 meeting.
“Proposal 4 - Shareholder Proposal Regarding a Report on the Adoption of a Smokefree Policy. At the Annual Meeting, the vote to consider a shareholder proposal regarding a report on the adoption of a smokefree policy was as follows: For Against Abstain Broker Non-Votes 3,145,853 23,983,362 361,024 3,445,369”
Shareholder Votes
Bally's Corp shareholders approved Approval, on a Non-binding Advisory Basis, of the Compensation of the Company's Named Executive Officers at the 2024-05-16 meeting.
“Proposal 3 - Approval, on a Non-binding Advisory Basis, of the Compensation of the Company's Named Executive Officers At the Annual Meeting, the vote to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers was as follows: For Against Abstain Broker Non-Votes 23,639,154 3,819,176 31,909 3,445,369”
Shareholder Votes
Bally's Corp shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-05-16 meeting.
“Proposal 2 - Ratification of the Appointment of Independent Registered Public Accounting Firm At the Annual Meeting, the shareholders approved the ratification of the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The vote was as follows: For Against Abstain Broker Non-Votes 30,620,768 267,586 47,254 —”
Shareholder Votes
Bally's Corp shareholders approved Election of Directors at the 2024-05-16 meeting.
“Proposal 1 - Election of Directors At the Annual Meeting, the shareholders elected Terrence Downey, Jaymin B. Patel and Wanda Young Wilson to serve as directors for a term of three years. The vote was as follows: For Withheld Broker Non-Votes Terrence Downey 20,328,022 7,162,217 3,445,369 Jaymin B. Patel 22,913,550 4,576,689 3,445,369 Wanda Young Wilson 22,911,409 4,578,830 3,445,369”
Earnings Releases
Bally's Corp reported first quarter ended March 31, 2024 results: revenue $618.5 million. Guidance reaffirmed.
“- Bally’s Corporation (NYSE: BALY) today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights • Company-wide revenue of $618.5 million, an increase of 3.3% year-over-year • Casinos & Resorts revenue of $342.3 million, up 4.1% year-over-year • International Interactive revenue of $234.7 million, down (4.4)%”
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