Bally's Corp Enters Material Agreement for Chicago Casino
Ticker: BALY · Form: 8-K · Filed: 2024-08-28T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, casino, real-estate
TL;DR
Bally's just signed a big deal for their Chicago casino project. Big moves ahead.
AI Summary
On August 27, 2024, Bally's Corporation entered into a material definitive agreement related to its Chicago casino project. The filing also includes financial statements and exhibits pertinent to this agreement. Bally's Corporation, formerly known as Twin River Worldwide Holdings, Inc., is incorporated in Delaware.
Why It Matters
This filing signifies a significant step forward for Bally's Chicago casino development, potentially impacting its future revenue streams and operational capacity.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could involve significant financial commitments or operational changes for Bally's Corporation.
Key Players & Entities
- Bally's Corporation (company) — Registrant
- August 27, 2024 (date) — Date of earliest event reported
- Twin River Worldwide Holdings, Inc. (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- Providence, RI (location) — Business and mail address
FAQ
What is the nature of the material definitive agreement entered into by Bally's Corporation?
The filing indicates an 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on August 27, 2024.
What were Bally's Corporation's former names?
Bally's Corporation was formerly known as Twin River Worldwide Holdings, Inc. on two separate occasions, with name changes occurring on November 5, 2020, and July 18, 2018.
In which state is Bally's Corporation incorporated?
Bally's Corporation is incorporated in Delaware.
What is the business address of Bally's Corporation?
The business address of Bally's Corporation is 100 Westminster Street, Providence, RI 02903.
From the Filing
0001213900-24-073433.txt : 20240828 0001213900-24-073433.hdr.sgml : 20240828 20240828172205 ACCESSION NUMBER: 0001213900-24-073433 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240827 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240828 DATE AS OF CHANGE: 20240828 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bally's Corp CENTRAL INDEX KEY: 0001747079 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 200904604 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38850 FILM NUMBER: 241256847 BUSINESS ADDRESS: STREET 1: 100 WESTMINSTER STREET CITY: PROVIDENCE STATE: RI ZIP: 02903 BUSINESS PHONE: (401) 475-8474 MAIL ADDRESS: STREET 1: 100 WESTMINSTER STREET CITY: PROVIDENCE STATE: RI ZIP: 02903 FORMER COMPANY: FORMER CONFORMED NAME: Twin River Worldwide Holdings, Inc. DATE OF NAME CHANGE: 20201105 FORMER COMPANY: FORMER CONFORMED NAME: Bally's Corp DATE OF NAME CHANGE: 20201103 FORMER COMPANY: FORMER CONFORMED NAME: Twin River Worldwide Holdings, Inc. DATE OF NAME CHANGE: 20180718 8-K 1 ea0212590-8k_ballys.htm CURRENT REPORT false 0001747079 0001747079 2024-08-27 2024-08-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): August 27, 2024   BALLY’S CORPORATION (Exact name of Registrant as Specified in its Charter)    Delaware   001-38850   20-0904604 (State or other jurisdiction of incorporation or organization)   (Commission File Number)   (I.R.S. Employer Identification No.)   100 Westminster Street Providence , RI     02903 (Address of Principal Executive Offices)   (Zip Code)   ( 401 ) 475-8474 Registrant’s telephone number, including area code   N/A (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☒ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a.12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, $0.01 par value   BALY   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐           Item 1.01 Entry into a Material Definitive Agreement   On August 27, 2024, Bally’s Corporation, a Delaware corporation (the “ Company ”), entered into Amendment No. 1 (the “ Merger Agreement Amendment ”) to the Agreement and Plan of Merger, dated as of July 25, 2024 (the “