Bally’s Corporation — Form 8-K Summary
Event date: October 1, 2026 (filed October 2, 2026). This filing reports project financing, not operating results for a financial reporting period.
Business context and financing
Bally’s New York Operating Company, LLC, an indirect wholly owned subsidiary, and certain other subsidiaries entered into an amended and restated loan and security agreement with WhiteHawk Capital Partners, LP as agent and the participating lenders. The agreement amends and restates the loan agreement dated September 4, 2026, and relates to development of the Bally’s Bronx project. Additional subsidiaries formed in connection with the project became obligors.
Key financial details
- $400 million of closing-date term loan commitments were fully funded on October 1, 2026.
- $160 million of delayed-draw term loan commitments remain available for certain pre-construction costs and expenditures for the project.
- The filing does not provide revenue, profit, cash-flow, margin, or broader liquidity figures. It also does not state the loan’s interest rate, maturity, repayment terms, or covenants.
Changes, outlook, and risks
The amended agreement adds Bally’s Bronx project subsidiaries as obligors; the company says its other material terms are consistent with the prior loan agreement disclosed in its September 14, 2026 Form 8-K. No new financial guidance or project timetable is provided in this filing. The agreement’s full text is expected to be filed as an exhibit to the company’s Form 10-Q for the quarter ended September 30, 2026.
Investor verification points
- Review the full amended and restated agreement when filed, including pricing, maturity, covenants, collateral, and repayment terms.
- Verify any subsequent delayed draws and the use of proceeds for Bronx project costs.
- Assess the project’s funding needs and obligations alongside Bally’s other debt and liquidity disclosures.