Filing Summary
Business Context and Reporting Period
This Form 8-K was filed by Twin River Worldwide Holdings, Inc. on May 22, 2019, reporting an event dated May 17, 2019. The filing concerns a board appointment and does not report quarterly or annual financial results. The request identifies Bally’s Corp.; however, the registrant named in the filing is Twin River Worldwide Holdings, Inc. (NYSE: TRWH).
Board Appointment and Governance Changes
- Following required state regulatory licensing approvals, Wanda Y. Wilson joined the company’s Board of Directors on May 17, 2019.
- Ms. Wilson was appointed to the director class whose term expires at the 2021 annual meeting of shareholders.
- She became chair of the compliance committee and a member of the audit committee and nominating and governance committee.
- Ms. Wilson will receive compensation under the company’s policy for non-employee directors; the filing does not provide the compensation amount.
Financial Metrics and Material Changes
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, guidance, or other operating and financial metrics. No comparable-period financial information or material financial change is reported.
Outlook, Risks, and Unusual Items
The principal condition disclosed is the completion of state regulatory licensing approvals, which preceded the appointment. The filing does not provide management guidance, business outlook, contingencies, or additional risk commentary.
Important Facts to Verify
- Verify that the intended issuer is Twin River Worldwide Holdings, Inc., rather than Bally’s Corp.
- Confirm completion of applicable state regulatory approvals for Ms. Wilson’s appointment.
- Review subsequent filings for any changes to Ms. Wilson’s committee assignments, director status, or compensation.
- Consult the company’s proxy statement or other filings for the applicable non-employee director compensation policy and amounts.