Recent Updates — BALY
Bally's Corporation entered into a loan and security agreement with WhiteHawk Capital Partners, LP on September 4, 2026, securing senior secured term loan commitments totaling $560 million. This includes $400 million in closing date term loans and $160 million in delayed draw term loans. Proceeds will fund pre-construction costs for the Bally’s Bronx project and general corporate purposes. The loans mature 18 months after initial funding, bear interest at Term SOFR plus 8.50%, and are secured by substantially all assets of the Bally’s New York Loan Parties. Closing is subject to regulatory approval and customary conditions. Bally's Corporation operates in the gaming and entertainment industry, owning casinos, racetracks, sports betting platforms, and lottery solutions.
Bally's Corporation reported second quarter 2026 financial results for the period ended June 30, 2026. Consolidated revenue increased 20.5% year-over-year to $792.2 million. Casinos & Resorts revenue rose 2.0% to $401.0 million, while Bally’s Intralot B2C revenue grew 22.3% to $243.5 million and North America Interactive revenue increased 16.9% to $66.1 million. The company announced a binding offer to acquire evoke plc in June, with regulatory approvals pending. Additionally, Bally's is advancing development of its $4.0 billion Bronx integrated casino project and targeting an early 2027 opening for its permanent Chicago facility. Bally’s Corporation operates as a global entertainment brand owning casinos, golf courses, racetracks, and digital gaming platforms.