Bally's Corp 8-K, filed Dec 7, 2022
Bally's Corp (BALY)
8-K
2022-12-07
For: 2022-12-07
View Original
Added on
April 11, 2026
About this 8-K
Bally's Corp filed this 8-K on December 7, 2022.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
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): December 7, 2022
________________________
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (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:
Securities registered pursuant to Section 12 (b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
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 8.01 Other Events.
On December 7, 2022, Bally’s Corporation (“Bally’s”) published a press release announcing that Kim Barker Lee has joined the company as Chief Legal Officer. In that capacity, Ms. Lee will oversee Bally’s legal and public affairs teams, supporting the Company’s global strategic initiatives. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BALLY'S CORPORATION | ||||||||
| By: | /s/ Robert M. Lavan | |||||||
| Name: | Robert M. Lavan | |||||||
| Title: | Chief Financial Officer | |||||||
Date: December 7, 2022
Exhibit 99.1
Bally’s Expands Executive Team with Addition of Kim Barker Lee as Chief Legal Officer
Appointment aligns with company’s continued global growth and operational diversification
Providence, R.I., Dec. 7, 2022 – Bally’s Corporation (NYSE: BALY) today announced that Kim Barker Lee has joined the company as Executive Vice President, Chief Legal Officer. In that capacity, Ms. Lee will oversee Bally’s legal and public affairs teams, supporting the Company’s global strategic initiatives. She brings more than 25 years of legal and business expertise to Bally’s, including knowledge of lottery, gaming, and governmental law, as well as experience with public private partnerships, public finance transactions, corporate governance, and regulatory matters.
Lee Fenton, Chief Executive Officer of Bally’s, said, “We are excited to welcome Kim to Bally’s and are confident that she will make an excellent addition to our global leadership team. The depth and breadth of Kim’s legal expertise, especially in gaming and lottery, will be instrumental as the company continues to expand and evolve during this period of significant growth. Additionally, her strong network and understanding of our key markets, including Rhode Island and Illinois, is particularly valuable as we explore new opportunities in the jurisdictions in which we conduct business.”
Ms. Lee most recently served as International Game Technology’s (IGT) inaugural Global Vice President of Diversity and Inclusion, which she was appointed to after serving as General Counsel and Vice President, Legal and Regulatory Affairs for Northstar Lottery Group, a majority-owned, IGT affiliate. Before that, Ms. Lee served as General Counsel to the Illinois Student Assistance Commission, an Illinois state agency, and was a partner in the public law practice of two former prominent Chicago based law firms – Altheimer & Gray and Pugh, Jones & Johnson, P.C. Ms. Lee maintains strong relationships with business, legislative, and governmental leaders at the national, state, and local levels, including in Rhode Island and Illinois.
“I'm pleased to be joining Bally’s during such an exciting time,” said Ms. Lee. “The opportunities for growth are significant as the company advances its transformation into a global omni-channel gaming leader. I’ve spent much of my career deploying leadership and operational strategies in the lottery and gaming space, so I understand how the industry works and the challenges that must be overcome. I look forward to this next chapter and to playing a part in Bally’s continued success.”
Ms. Lee received a B.A. from Yale College in American Studies and a J.D. from New York University School of Law. Her board service includes Community College of Rhode Island Foundation, Family Service of Rhode Island and Providence Mutual Fire Insurance Company. She was also appointed to the American Gaming Association’s Corporate Social Responsibility Committee, U.S. Congressman Jim Langevin’s Diversity Advisory Committee, and the Rhode Island Foundation’s Equity Leadership Initiative Steering Committee.
Ms. Lee was named a Top 100 Diversity Officers by the National Diversity Council in 2020 and 2021, and one of Global Gaming Business’s 25 People to Watch for 2020.
About Bally’s Corporation
Bally’s Corporation is a global casino-entertainment company with a growing omni-channel presence of Online Sports Betting and iGaming offerings. It currently owns and manages 15 casinos across 10 states, a horse racetrack in Colorado and has access to OSB licenses in 18 states. It also owns Bally’s Interactive International, formerly Gamesys Group, a leading, global, online gaming operator, Bally Bet, a first-in-class sports betting platform and Bally Casino, a growing iCasino platform.
With 10,500 employees, the Company’s casino operations include approximately 15,000 slot machines, 500 table games and 5,300 hotel rooms. Upon completing the construction of a temporary casino facility in Chicago, IL and a land-based casino near the Nittany Mall in State College, PA, Bally’s will own and manage 17 casinos across 11 states. Its shares trade on the New York Stock Exchange under the ticker symbol “BALY”.
Investor Contact
Robert Lavan
Chief Financial Officer
401-475-8564
InvestorRelations@ballys.com
Media Contact
Richard Goldman
Kekst CNC
646-847-6102
BallysMediaInquiries@kekstcnc.com
Richard Goldman
Kekst CNC
646-847-6102
BallysMediaInquiries@kekstcnc.com