Bally's Corp Files 8-K: Material Agreement, Other Events

Ticker: BALY · Form: 8-K · Filed: 2025-04-11T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, corporate-event

TL;DR

Bally's Corp inked a big deal on 4/7, check the 8-K for deets.

AI Summary

On April 7, 2025, Bally's Corporation entered into a material definitive agreement related to its operations. The filing also indicates other events and includes financial statements and exhibits. Bally's Corporation, formerly Twin River Worldwide Holdings, Inc., is incorporated in Delaware and headquartered in Providence, RI.

Why It Matters

This filing signals a significant contractual development for Bally's Corporation, potentially impacting its business strategy and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial health and stock performance.

Key Players & Entities

Bally's Corporation (company) — Filer
Twin River Worldwide Holdings, Inc. (company) — Former Company Name
April 7, 2025 (date) — Date of earliest event reported
100 Westminster Street Providence RI 02903 (address) — Principal Executive Offices

FAQ

What type of material definitive agreement did Bally's Corporation enter into on April 7, 2025?

The filing indicates the entry into a material definitive agreement but does not specify the exact nature of the agreement in the provided text.

What are the 'Other Events' mentioned in the 8-K filing?

The filing lists 'Other Events' as an item of information but does not provide details on what these events entail within the provided text.

When was Bally's Corporation incorporated and where is its principal executive office located?

Bally's Corporation was incorporated in Delaware and its principal executive offices are located at 100 Westminster Street, Providence, RI 02903.

What was Bally's Corporation's former company name?

Bally's Corporation was formerly known as Twin River Worldwide Holdings, Inc.

What is the SEC file number and film number for this 8-K filing?

The SEC file number is 001-38850 and the film number is 25832303.

From the Filing

0001747079-25-000080.txt : 20250411 0001747079-25-000080.hdr.sgml : 20250411 20250411161638 ACCESSION NUMBER: 0001747079-25-000080 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250407 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250411 DATE AS OF CHANGE: 20250411 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 EIN: 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: 25832303 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 baly-20250407.htm 8-K baly-20250407 0001747079 false 0001747079 2025-04-07 2025-04-07 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): April 7, 2025 ________________________ BALLY'S CORPORATION 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 and Zip Code) ________________________ ( 401 ) 475-8474 (Registrant’s telephone number, including area code) Not Applicable (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 obligation 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 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).     □ 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 April 7, 2025, Bally’s Corporation (“Bally’s”) entered into a Binding Term Sheet with The Star Entertainment Group Limited (“The Star”), pursuant to which Bally’s will invest in a multi-tranche issuance of The Star’s convertible notes and subordinated debt with an aggregate principal amou