Hayden Noel Files 13D on Bally's Corp

TL;DR

**Bally's Corp:** Hayden Noel just filed a 13D. Ownership change incoming.

AI Summary

Hayden Noel, through Anzo Group Limited, has filed a Schedule 13D regarding Bally's Corporation, indicating a change in beneficial ownership as of July 25, 2024. The filing does not specify the exact number of shares or the percentage of ownership, but it requires disclosure due to a significant change. Bally's Corporation, formerly Twin River Worldwide Holdings, Inc., is incorporated in Delaware and operates in the Hotels & Motels sector.

Why It Matters

This filing signals a significant shift in the ownership structure of Bally's Corporation, potentially impacting its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or activist investor involvement, introducing uncertainty.

Key Players & Entities

• Hayden Noel (person) — Filing person
• Bally's Corporation (company) — Subject company
• Anzo Group Limited (company) — Address for Hayden Noel
• Twin River Worldwide Holdings, Inc. (company) — Former name of Bally's Corporation
• Marita A. Makinen (person) — Authorized contact person
• Lowenstein Sandler LLP (company) — Legal counsel

FAQ

Key Financial Figures

• $0.01 — TION (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o
• $18.25 — to receive cash consideration equal to $18.25 per share of Common Stock (the “P

Filing Documents

• formsc13d.htm (SC 13D) — 64KB
• 0001493152-24-029644.txt ( ) — 66KB

From the Filing

SC 13D 1 formsc13d.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. )* BALLY’S CORPORATION (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of Securities) 90171V204 (CUSIP Number) Marita A. Makinen Lowenstein Sandler LLP 1251 Avenue of the Americas New York, NY 10020 Tel. No.: 212-419-5843 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 25, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 90171V204 1. Names of reporting persons Noel Hayden 2. Check the appropriate box if a member of a group (see instructions) (a) (b) 3. SEC Use Only 4. Source of funds (see instructions) OO 5. Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) 6. Citizenship or place of organization: United Kingdom 7. Sole voting power 4,953,272 Number of shares beneficially 8. Shared voting power 0 owned by each reporting 9. Sole dispositive power 4,953,272 person with 10. Shared dispositive power 0 11. Aggregate amount beneficially owned by each reporting person 4,953,272 12. Check if the aggregate amount in Row (11) excludes certain shares (see instructions) 13. Percent of class represented by amount in Row (11) 12.2% 14. Type of reporting person (see instructions) IN SCHEDULE 13D Item 1. Security and Issuer This Schedule 13D relates to Common Stock, par value $0.01 per share (“Common Stock”), of Bally’s Corporation, a Delaware corporation (the “Issuer” or the “Company”). The address of the principal executive offices of the Issuer is 100 Westminster Street, Providence, Rhode Island 02903. This Schedule 13D is being filed to amend the Schedule 13G that was originally filed on October 13, 2021 and amended on February 9, 2022 and August 15, 2022. Item 2. Identity and Background (a) This Schedule 13D is being on behalf of Noel Hayden. (b) Mr. Hayden’s business address is: c/o Anzo Group Limited Golden Square London, W1F 9LU (c) Mr. Hayden is the Chairman of Anzo Group Limited, a holding company of sports betting, media, and games development businesses. Anzo Group Limited’s business is set forth immediately above in Item 2(b). (d) Mr. Hayden has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last 5 years. (e) Mr. Hayden has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Mr. Hayden is a citizen of the United Kingdom. Item 3. Source and Amount of Funds or Other Consideration On October 1, 2021, Mr. Hayden directly and indirectly acquired an aggregate total of 5,310,272 shares of Common Stock in connection with the Company’s acquisition of Gamesys Group plc. Pursuant to Rhode Island law and the Company’s organizational documents, no holder is permitted to hold 5% or more of the shares of Common Stock until such holder has received approval from the Division of Gaming and Athletics of Department of Business Regulation of Rhode Island (or its successor from time to time), the Rhode Island Lottery and any successor governmental entity (the “RI Regulator”). As a result, Mr. Hayden and the Company entered into an agreement pursuant to which Mr. Hayden was not permitted to hold more than 4.99% of the shares of Common Stock, and the shares in excess of 4.99% (the &

View Full Filing

View this SC 13D filing on SEC EDGAR