Highest-materiality recent filing
Bally's Q1 revenue up 28.3% to $756M; Casinos & Resorts +8.1%, North America Interactive +35.9%
Consolidated revenue $755.7M, up 28.3% YoY; driven by Intralot acquisition and organic growth.
Bally's Q4 revenue up 28.6% to $746M; preliminary results, 10-K extension
Revenue $746.2M (+28.6% YoY); Casinos & Resorts $366.2M (+12.9%) driven by Queen acquisition.
Bally's enters $1.1B senior secured term loan facility with Ares, others
$1.1B total: $600M closing date term loan + $500M delayed draw term loan, both funded on Feb 11, 2026.
New $1.1B term loan credit facility due 2031 from Ares Management, King Street Capital, and TPG Credit.
Bally's appoints Soohyung Kim as Executive Chair; company elects controlled company status
Soohyung Kim, Managing Partner of Standard General (owner of >50% voting power), appointed Executive Chair effective Jan 27, 2026.
Acquired 57.9% stake in Intralot for $1.79B cash + 873.7M new shares; financed with $1.82B new debt and $500M equity.
Bally's upsizes financing commitments to $1.1B for NY license fee and debt repayment
A&R Commitment Letter increases term loans to $600M initial + $500M delayed draw (total $1.1B).
Bally's Q3 revenue up 5.4% to $663.7M; Intralot deal closes, paying down debt
Revenue $663.7M (+5.4% YoY); Casinos & Resorts $396.1M (+12.1%); International Interactive ex-Asia +11.7%.
Bally's completes sale of International Interactive to Intralot for €2.7B; becomes 58% owner
Enterprise value of €2.7B; Bally's receives €1.53B cash and 873.7M new Intralot shares valued at €1.136B.
Incremental joinder increases senior secured revolver by $50M, with Jefferies Finance LLC as new lender.
Bally's provides H1 2025 carve-out financials for International Interactive; NGR up 12.7% to €366.2M
BII net gaming revenue €366.2M in H1 2025, up 12.7% from €325.1M in H1 2024.
Bally's extends $460M revolver to 2028, consents to $735M Twin River sale-leaseback
Extended $460M of revolving commitments to Oct 1, 2028 with springing maturity provisions.
Acquisition Enterprise Value of €2.7bn: €1.530bn cash + €1.136bn in Intralot shares.
Bally's clears UK regulatory condition for Intralot deal; closing expected Q4 2025
UK Gambling Commission confirmed three Bally's UK licensees will remain effective after closing.
Net gaming revenue €685.6M in 2024 (€613.6M in 2023), +11.7% YoY driven by organic growth and strategic marketing.
Bally's Q2 revenue up 5.8% to $657.5M; Intralot to acquire Int'l Interactive for €2.7B
Q2 total revenue $657.5M (+5.8% YoY); Casinos & Resorts $393.3M (+14.7%).
Bally's Chicago subsidiary enters $940M development agreement with GLP Capital for permanent casino
GLP commits up to $940M in development advances for permanent casino construction in Chicago.
Total consideration valued at ~€2.7 billion: €1.53B cash plus 873.7M new Intralot shares valued at €1.30/share.
Bally's sells International Interactive business to Intralot for €2.7B enterprise value
Enterprise value €2.7B; consideration: €1.530B cash + €1.136B in new Intralot shares (873.7M shares at €1.30/share).
Total revenue $589.2M, down 4.7% YoY; Asia interactive divestiture reduced revenue, Queen acquisition added in post-merger period.
Bally's files Queen Casino audited results: 2024 net loss $12.1M on $225M revenue
Queen Casino 2024 revenue $225.2M (+13.7% YoY), gaming revenue $212.5M.
Bally's enters binding term sheet to invest AUD 300M in The Star, gaining ~56.7% stake
Bally's will invest AUD 300M (approx. USD 187M) via convertible notes and subordinated debt.
Bally's appoints Mira Mircheva as CFO, Marcus Glover to EVP Global Operations
Mira Mircheva appointed EVP and CFO, subject to regulatory approvals; base salary $550K with 100% target bonus.
Bally's Q4 revenue down 5.1% to $580.4M; Chicago casino construction underway
Q4 revenue $580.4M (-5.1% YoY); Casinos & Resorts Adj. EBITDAR $80.9M (-14.6%).
Bally's completes merger with Standard General and Queen; issues $500M notes
Cash consideration of $18.25/share paid to holders of 22.8M shares; 17.9M shares rolled over.
Bally's stockholders approve merger with Standard General; rolling share election results disclosed
Special meeting on Nov 19 approved Merger Agreement with SG Parent LLC: 28.1M for, 0.2M against.
Bally's discloses shareholder lawsuits challenging merger proxy; voluntarily supplements disclosures
Two shareholder lawsuits filed Oct 29-30, 2024 in NY state court alleging proxy statement deficiencies under state law.
Bally's Q3 revenue $630M (flat YoY); net loss widens to $248M
Revenue $630.0M, down 0.4% YoY; net loss $(247.9M) vs $(61.8M) in Q3 2023.
Bally's sells Asian interactive business to management-led company for note
Bally's entered agreement to sell its Asia and certain international interactive business to a company formed by that business's management.
Bally's amends merger agreement to replace rolling shares with new Class A Common Stock
Amendment No. 1 entered Aug 27, 2024, modifies Rolling Share Election: rolling shares to be exchanged for new Class A Common Stock, subject to stockholder approval of charter amendment.
Bally's Q2 revenue up 2.5% to $622M, net loss widens, announces merger at $18.25/sh
Revenue $621.7M (+2.5% YoY); net loss of $60.2M vs $25.7M loss in Q2 2023.
Bally's to be acquired by Standard General affiliates for $18.25/share cash; 71% premium
Per-share cash consideration of $18.25; 71% premium over 30-day VWAP prior to March 8, 2024.
Bally's secures $2.07B financing from GLPI for Chicago casino; targets Sep 2026 opening
GLPI to acquire Chicago casino real estate; Bally's to pay $20M annual rent under new master lease.
Bally's secures $940M Chicago development funding from GLPI; $395M sale-leaseback of two casinos
GLPI to acquire Bally's Kansas City and Shreveport real estate for $395M cash; initial annual rent $32.2M under new Master Lease 2.
Bally's Q1 net loss $173.9M vs prior-year $178.3M income; revenue up 3.3%
Net loss of $173.9M for Q1 2024 vs net income of $178.3M in Q1 2023; revenue $618.5M up 3.3%.
Bally's forms special committee for Standard General's $15/share acquisition proposal
Special committee of independent directors formed to evaluate Standard General's preliminary, non-binding proposal.
Bally's Q4 revenue $611.7M (+6.1% YoY), net loss $263.5M; FY24 rev guidance $2.5-2.7B
Q4 2023 revenue $611.7M (up 6.1% YoY); net loss $263.5M vs $487.5M loss in Q4 2022.
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.
Max materiality 1.00 · Median 0.75 · Most common event m_and_a