Bally's Corp 10-Q for FY2021 Q2

Bally's Corp (BALY)

10-Q 2021-08-09 For: 2021-06-30

Added on April 11, 2026

About this 10-Q

Bally's Corp filed this 10-Q on August 9, 2021, covering the quarter ended June 30, 2021 (FY2021 Q2).

Headline figures

Quarter ended June 30, 2021, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $267.73M; up 825.6% from $28.92M a year earlier
Net income: $68.94M; compared with a net loss of $23.56M a year earlier
Diluted EPS: $1.40; compared with -$0.77 a year earlier

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →


Title of each class	Trading Symbol	Name of each exchange on which registered
Common stock, $0.01 par value	BALY	New York Stock Exchange


		Page No.

	PART I

ITEM 1.	Financial Statements	3
	Condensed Consolidated Balance Sheets (unaudited)	3
	Condensed Consolidated Statements of Operations (unaudited)	4
	Condensed Consolidated Statement s of Comprehensive Loss (unaudited)	5
	Condensed Consolidated Statements of Stockholders’ Equity (unaudited)	6
	Condensed Consolidated Statements of Cash Flows (unaudited)	7
	Notes to Condensed Consolidated Financial Statements (unaudited)	8
ITEM 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	44
ITEM 3.	Quantitative and Qualitative Disclosures About Market Risk	59
ITEM 4.	Controls and Procedures	59
	PART II
ITEM 1.	Legal Proceedings	60
ITEM 1A.	Risk Factors	60
ITEM 2.	Unregistered Sales of Equity Securities and Use of Proceeds	60
ITEM 3.	Defaults Upon Senior Securities	59
ITEM 4.	Mine Safety Disclosures	60
ITEM 5.	Other Information	60
ITEM 6.	Exhibits	61
	Signatures	62


	June 30, 2021		December 31, 2020
Assets
Cash and cash equivalents	$	195,834	$	123,445
Restricted cash	677,849		3,110
Accounts receivable, net	32,837		14,798
Inventory	12,190		9,296
Tax receivable	77,347		84,483
Prepaid expenses and other current assets	74,380		53,823
Total current assets	1,070,437		288,955
Property and equipment, net	766,694		749,029
Right of use assets, net	503,115		36,112
Goodwill	424,871		186,979
Intangible assets, net	983,424		663,395
Other assets	8,768		5,385
Total assets	$	3,757,309	$	1,929,855
Liabilities and Stockholders’ Equity
Current portion of long-term debt	$	5,750	$	5,750
Current portion of lease liabilities	21,197		1,520
Accounts payable	30,904		15,869
Accrued liabilities	171,224		120,055
Total current liabilities	229,075		143,194
Long-term debt, net	1,328,394		1,094,105
Long-term portion of lease liabilities	506,822		62,025
Pension benefit obligations	8,515		9,215
Deferred tax liability	58,641		36,983
Naming rights liabilities	197,703		243,965
Contingent consideration payable	46,920		—
Other long-term liabilities	14,015		13,770
Total liabilities	2,390,085		1,603,257
Commitments and contingencies
Stockholders’ equity:
Common stock ($0.01 par value, 200,000,000 shares authorized; 44,591,127 and 30,685,938 shares issued; 44,591,127 and 30,685,938 shares outstanding)	445		307
Preferred stock ($0.01 par value; 10,000,000 shares authorized; no shares outstanding)	—		—
Additional paid-in-capital	1,363,779		294,643
Treasury stock, at cost	—		—
Retained earnings	6,696		34,792
Accumulated other comprehensive loss	(3,696)		(3,144)
Total stockholders’ equity	1,367,224		326,598
Total liabilities and stockholders’ equity	$	3,757,309	$	1,929,855


	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Revenue:
Gaming	$	205,288	$	23,767	$	358,197	$	99,603
Racing	2,202		176		4,571		3,133
Hotel	22,315		2,115		35,374		9,761
Food and beverage	23,382		1,670		38,882		16,986
Other	14,546		1,196		22,975		8,589
Total revenue	267,733		28,924		459,999		138,072

Operating (income) costs and expenses:
Gaming	61,680		9,871		106,885		33,084
Racing	1,670		789		3,719		3,196
Hotel	7,506		1,152		12,655		4,444
Food and beverage	17,004		2,659		29,213		15,935
Other	2,021		123		3,818		2,053
Advertising, general and administrative	101,211		23,989		181,710		73,598
Goodwill and asset impairment	4,675		(154)		4,675		8,554
Expansion and pre-opening	937		—		1,540		—
Acquisition, integration and restructuring	18,402		2,458		30,660		4,244
Gain from insurance recoveries, net of losses	(579)		(143)		(11,255)		(1,026)
Rebranding	382		—		1,295		—
Gain on sale-leaseback	(53,425)		—		(53,425)		—
Depreciation and amortization	25,717		9,143		38,503		18,122
Total operating (income) costs and expenses	187,201		49,887		349,993		162,204
Income (loss) from operations	80,532		(20,963)		110,006		(24,132)

Other income (expense):
Interest income	530		112		1,054		255
Interest expense, net of amounts capitalized	(21,829)		(15,222)		(42,627)		(26,738)
Change in value of naming rights liabilities	19,070		—		(8,336)		—
Gain on bargain purchases	24,114		—		24,114		—
Other, net	(6,494)		—		(3,823)		—
Total other income (expense), net	15,391		(15,110)		(29,618)		(26,483)

Income (loss) before provision for income taxes	95,923		(36,073)		80,388		(50,615)
Provision (benefit) for income taxes	26,981		(12,518)		22,151		(18,182)
Net income (loss)	$	68,942	$	(23,555)	$	58,237	$	(32,433)

Basic earnings (loss) per share	$	1.43	$	(0.77)	$	1.39	$	(1.05)
Weighted average common shares outstanding - basic	48,156		30,452		42,038		31,011
Diluted earnings (loss) per share	$	1.40	$	(0.77)	$	1.37	$	(1.05)
Weighted average common shares outstanding - diluted	49,102		30,452		42,374		31,011


	Three Months Ended		Six Months Ended
	June 30, 2021		June 30, 2021
Net income	$	68,942	$	58,237
Other comprehensive income (loss):
Foreign currency translation adjustment	$	419	$	(633)
Defined benefit pension plan reclassification adjustment(1)	41		81
Other comprehensive income (loss)	460		(552)
Total comprehensive income	$	69,402	$	57,685


☒			QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


☐			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


	Common Stock			Additional Paid-in Capital		Treasury Stock		Retained Earnings		Accumulated Other Comprehensive Loss		Total Stockholders’ Equity
	Shares Outstanding	Amount
Balance as of December 31, 2020	30,685,938	$	307	$	294,643	$	—	$	34,792	$	(3,144)	$	326,598
Release of restricted stock	23,811	—		(990)		—		—		—		(990)
Share-based compensation	—	—		4,483		—		—		—		4,483
Stock options exercised	30,000	—		129		—		—		—		129
Penny warrants exercised	932,949	9		—		(9)		—		—		—
Reclassification of Sinclair options	—	—		59,724		—		—		—		59,724
Issuance of MKF penny warrants	—	—		64,694		—		—		—		64,694
Shares issued for purchase of SportCaller	221,391	2		11,774		—		—		—		11,776
Other comprehensive loss	—	—		—		—		—		(1,012)		(1,012)
Net loss	—	—		—		—		(10,705)		—		(10,705)
Balance as of March 31, 2021	31,894,089	$	318	$	434,457	$	(9)	$	24,087	$	(4,156)	$	454,697
Release of restricted stock	9,181	—		(205)		(116)		—		—		(321)
Share-based compensation	—	—		3,901		—		—		—		3,901
Retirement of treasury shares	—	(21)		(28,488)		114,842		(86,333)		—		—
Common stock offering	12,650,000	127		667,746		—		—		—		667,873
Sinclair shares exchanged for penny warrants	(2,086,908)	—		114,717		(114,717)		—		—		—
Sinclair issuance of penny warrants	—	—		50,000		—		—		—		50,000
Bally’s Interactive equity issuance	2,084,765	21		121,479		—		—		—		121,500
Stock options exercised	40,000	—		172		—		—		—		172
Other comprehensive income	—	—		—		—		—		460		460
Net income	—	—		—		—		68,942		—		68,942
Balance as of June 30, 2021	44,591,127	$	445	$	1,363,779	$	—	$	6,696	$	(3,696)	$	1,367,224


	Six Months Ended June 30,
(in thousands)	2021		2020
Cash flows from operating activities:
Net income (loss )	$	58,237	$	(32,433)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	38,503		18,122
Amortization of operating lease right of use assets	2,409		517
Goodwill and asset impairment	4,675		8,554
Share-based compensation	8,384		7,669
Amortization of debt discount and debt issuance costs	3,144		1,974
Gain from insurance recoveries	(11,160)		—
Gain on sale-leaseback	(53,425)		—
Loss on assets and liabilities measured at fair value	15,069		—
Deferred income taxes	(2,525)		(3,221)
Change in value of naming rights liabilities	8,336		—
Change in contingent consideration payable	(11,703)		—
Gain on bargain purchases	(24,114)		—
Other operating activities	2,761		813






Changes in current operating assets and liabilities	(4,366)		(18,376)
Net cash provided by (used in) operating activities	34,225		(16,381)
Cash flows from investing activities:
Cash paid for acquisitions, net of cash acquired	(332,029)		(50,451)

Foreign exchange forward contract premiums	(22,592)		—
Capital expenditures	(35,785)		(5,448)
Insurance proceeds from hurricane damage	11,160		—
Other investing activities	(481)		—
Net cash used in investing activities	(379,727)		(55,899)
Cash flows from financing activities:
Issuance of common stock, net	667,872		—
Proceeds from sale-leaseback	144,000		—
Revolver borrowings	275,000		250,000
Revolver payments	(35,000)		(250,000)
Term loan proceeds, net of fees of $- and $13,820, respectively	—		261,180
Term loan repayments	(2,875)		(1,500)
Payment of financing fees	(5,840)		(1,117)
Share repurchases	—		(33,292)
Issuance of Sinclair penny warrants	50,000		—
Payment of shareholder dividends	—		(3,199)
Share redemption for tax withholdings - restricted stock	(1,311)		(2,564)
Stock options exercised	301		—
Net cash provided by financing activities	1,092,147		219,508
Effect of foreign currency on cash and cash equivalents	483		—
Net change in cash and cash equivalents and restricted cash	747,128		147,228
Cash and cash equivalents and restricted cash, beginning of period	126,555		185,502
Cash and cash equivalents and restricted cash, end of period	$	873,683	$	332,730
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized	$	36,718	$	23,402
Cash paid for income taxes, net of refunds	17,396		(165)
Non-cash investing and financing activities:
Unpaid property and equipment	$	6,868	$	177
Stock and equity instruments issued for acquisition of SportCaller and Monkey Knife Fight	197,968		—
Acquisitions in exchange for contingent liability	58,685		—
Deferred purchase price payable	14,071		—
Deposit applied to acquisition purchase price	4,000		—


	June 30,		December 31,
(in thousands)	2021		2020
Cash and cash equivalents	$	195,834	$	123,445
Restricted cash	677,849		3,110
Total cash and cash equivalents and restricted cash	$	873,683	$	126,555


(in thousands)	East		West		Other		Total
Three Months Ended June 30, 2021
Gaming	$	100,477	$	104,020	$	791	$	205,288
Racing	374		—		1,828		2,202
Hotel	11,238		11,077		—		22,315
Food and beverage	13,543		9,825		14		23,382
Other	6,817		2,948		4,781		14,546
Total revenue	$	132,449	$	127,870	$	7,414	$	267,733

Three Months Ended June 30, 2020
Gaming	$	9,199	$	14,568	$	—	$	23,767
Racing	(92)		—		268		176
Hotel	247		1,868		—		2,115
Food and beverage	369		1,301		—		1,670
Other	695		457		44		1,196
Total revenue	$	10,418	$	18,194	$	312	$	28,924

Six Months Ended June 30, 2021
Gaming	$	177,152	$	180,254	$	791	$	358,197
Racing	1,390		—		3,181		4,571
Hotel	17,930		17,444		—		35,374
Food and beverage	23,070		15,786		26		38,882
Other	11,941		5,103		5,931		22,975
Total revenue	$	231,483	$	218,587	$	9,929	$	459,999

Six Months Ended June 30, 2020
Gaming	$	64,529	$	35,074	$	—	$	99,603
Racing	1,047		—		2,086		3,133
Hotel	4,064		5,697		—		9,761
Food and beverage	11,295		5,691		—		16,986
Other	6,848		1,677		64		8,589
Total revenue	$	87,783	$	48,139	$	2,150	$	138,072


	As of July 1, 2020
(in thousands)	Preliminary as of December 31, 2020		Year to Date Adjustments		Final as of June 30, 2021
Cash and cash equivalents	$	4,362	$	—	$	4,362
Accounts receivable, net	582		—		582
Inventory	164		—		164
Prepaid expenses and other current assets	686		(256)		430
Property and equipment, net	60,865		—		60,865
Right of use asset	10,315		—		10,315
Intangible assets, net	138,160		—		138,160

Other assets	117		—		117
Goodwill	53,896		380		54,276
Accounts payable	(614)		—		(614)

Accrued liabilities	(3,912)		(236)		(4,148)
Lease liability	(34,452)		—		(34,452)

Other long-term liabilities	(306)		112		(194)
Total purchase price	$	229,863	$	—	$	229,863



(in thousands)	Preliminary as of June 30, 2021
Cash and cash equivalents	$	8,651
Accounts receivable, net	1,122
Inventory	721
Prepaid expenses and other current assets	1,402
Property and equipment, net	40,898

Intangible assets, net	1,120



Accounts payable	(3,131)

Accrued liabilities	(7,983)

Deferred income tax liabilities	(11,132)

Net assets acquired	31,668
Bargain purchase gain	(32,595)
Total purchase price	$	(927)


	Three Months Ended		Six Months Ended
(in thousands, except per share data)	June 30, 2020		June 30, 2021		June 30, 2020
Revenue	$	38,619	$	529,577	$	189,392
Net income (loss)	$	(30,354)	$	11,442	$	(57,117)
Net income (loss) per share, basic	$	(1.00)	$	0.27	$	(1.84)
Net income (loss) per share, diluted	$	(1.00)	$	0.27	$	(1.84)


Intangible assets, net as of December 31, 2020	$	663,395
Intangible assets from current year business combinations	334,535
Change in Tax Receivable Agreement	4,024
Effect of foreign exchange	(457)
Impairment charges	(4,675)
Other	1,255
Less: Accumulated amortization	(14,653)
Intangible assets, net as of June 30, 2021	$	983,424


	June 30,		December 31,
(in thousands)	2021		2020
Amounts due from Rhode Island and Delaware(1)	$	11,417	$	3,880
Gaming receivables	8,645		7,893
Non-gaming receivables	16,063		6,092
Accounts receivable	36,125		17,865
Less: Allowance for doubtful accounts	(3,288)		(3,067)
Accounts receivable, net	$	32,837	$	14,798


	Weighted average remaining life (in years)	June 30, 2021
(in thousands, except years)		Gross Carrying Amount		Accumulated Amortization		Net
Amortizable intangible assets:
Naming rights - Sinclair(1)	9.7	$	342,265	$	(8,648)	$	333,617

Trade names	9.1	19,915		(16,248)		3,667
Hard Rock license	26.0	8,000		(1,697)		6,303
Player relationships	6.3	47,931		(7,721)		40,210
Developed technology	8.7	104,544		(2,593)		101,951
Other	3.5	2,200		(927)		1,273
Total amortizable intangible assets		524,855		(37,834)		487,021

Intangible assets not subject to amortization:
Gaming licenses	Indefinite	476,209		$	—	476,209
Bally’s trade name	Indefinite	18,981		—		18,981
Novelty game licenses	Indefinite	1,213		—		1,213
Total unamortizable intangible assets		496,403		—		496,403
Total intangible assets, net		$	1,021,258	$	(37,834)	$	983,424


	Weighted average remaining life (in years)	December 31, 2020
(in thousands, except years)		Gross Carrying Amount		Accumulated Amortization		Net
Amortizable intangible assets:
Naming rights - Sinclair(2)	10.0	$	338,241	$	—	$	338,241

Trade names	8.6	21,600		(16,475)		5,125
Hard Rock license	26.5	8,000		(1,576)		6,424
Player relationships	5.8	10,515		(5,483)		5,032
Other	3.7	1,950		(750)		1,200
Total amortizable intangible assets		380,306		(24,284)		356,022

Intangible assets not subject to amortization:
Gaming licenses	Indefinite	287,108		—		287,108
Bally’s trade name	Indefinite	19,052		—		19,052
Novelty game licenses	Indefinite	1,213		—		1,213
Total unamortizable intangible assets		307,373		—		307,373
Total intangible assets, net		$	687,679	$	(24,284)	$	663,395


(in thousands)	June 30, 2021		December 31, 2020
Gaming liabilities	$	42,209	$	33,795
Compensation	26,429		21,708
Acquisition related liabilities and transaction services(1)	22,780		7,174
Property taxes	9,967		3,486
Bally’s trade name accrual, current portion	9,772		9,475
Insurance reserves	7,286		7,188
Purses due to horsemen	5,286		5,726
Legal	5,180		1,761
Interest payable	3,308		3,076
Other	39,007		26,666
Total accrued liabilities	$	171,224	$	120,055


(in thousands)	Balance Sheet Location	June 30, 2021		December 31, 2020
Assets:
Foreign exchange forward contracts	Prepaid expenses and other current assets	$	7,819	$	—
Total Assets		$	7,819	$	—
Liabilities:

Sinclair Performance Warrants	Naming rights liabilities	$	94,929	$	88,119
Sinclair Options	Naming rights liabilities	—		58,198
Total Liabilities		$	94,929	$	146,317


	June 30, 2021
(in thousands)	Level 1		Level 2		Level 3
Assets:
Foreign exchange forward contracts	$	—	$	7,819	$	—
Other current assets	543		—		—
Total	$	543	$	7,819	$	—
Liabilities:
Sinclair Performance Warrants	$	—	$	—	$	94,929
Contingent consideration	—		—		46,920
Total	$	—	$	—	$	141,849


( in thousands)	Performance Warrants		Contingent Consideration		Total
Beginning as of December 31, 2020	$	88,119	$	—	$	88,119
Additions in the period (acquisition fair value)	—		58,623		58,623
Change in fair value	6,810		(11,703)		(4,893)
Ending as of June 30, 2021	$	94,929	$	46,920	$	141,849


	June 30, 2021		December 31, 2020
Weighted average remaining lease term	16.1 years		24.3 years
Weighted average discount rate	6.2	%	7.3	%


(in thousands)	June 30, 2021
Remaining 2021	$	27,146
2022	52,091
2023	52,060
2024	52,023
2025	51,802
Thereafter	611,459
Total	846,581
Less: present value discount	(318,562)
Operating lease liabilities	$	528,019



(in thousands, except share data)	Three Months Ended June 30, 2020		Six Months Ended June 30, 2020
Number of common shares repurchased	162,625		1,812,393
Total cost	$	1,951	$	33,292
Average cost per share, including commissions	$	11.99	$	18.37


(in thousands)	Foreign Currency Translation Adjustment		Benefit Plans		Total
Accumulated other comprehensive loss at December 31, 2020	$	—	$	(3,144)	$	(3,144)
Current period other comprehensive loss	(633)		—		(633)
Reclassification adjustment to net earnings(1)	—		81		81
Accumulated other comprehensive loss at June 30, 2021	$	(633)	$	(3,063)	$	(3,696)


	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2021		2020		2021		2020
Total revenue	$	267.7	$	28.9	$	460.0	$	138.1
Income (loss) from operations	80.5		(21.0)		110.0		(24.1)
Net income (loss)	68.9		(23.6)		58.2		(32.4)


(In thousands, except percentages)	Three Months Ended June 30,										Six Months Ended June 30,
	2021			2020			$ Change		% Change		2021			2020			$ Change		% Change
Revenue:
Gaming and Racing revenue
East	$	100,851		$	9,107		$	91,744	1,007.4	%	$	178,542		$	65,576		$	112,966	172.3	%
West	104,020			14,568			89,452		614.0	%	180,254			35,074			145,180		413.9	%

Other	2,619			268			2,351		877.2	%	3,972			2,086			1,886		90.4	%
Total Gaming and Racing revenue	207,490			23,943			183,547		766.6	%	362,768			102,736			260,032		253.1	%
Non-gaming revenue
East	31,598			1,311			30,287		2,310.2	%	52,941			22,207			30,734		138.4	%
West	23,850			3,626			20,224		557.7	%	38,333			13,065			25,268		193.4	%

Other	4,795			44			4,751		10,797.7	%	5,957			64			5,893		9,207.8	%
Total Non-gaming revenue	60,243			4,981			55,262		1,109.5	%	97,231			35,336			61,895		175.2	%
Total revenue	267,733			28,924			238,809		825.6	%	459,999			138,072			321,927		233.2	%
Operating costs and expenses:
Gaming and Racing expenses
East	$	25,294		$	5,712		$	19,582	342.8	%	$	45,774		$	21,602		$	24,172	111.9	%
West	36,730			4,299			32,431		754.4	%	62,576			12,807			49,769		388.6	%

Other	1,326			649			677		104.3	%	2,254			1,871			383		20.5	%
Total Gaming and Racing expenses	63,350			10,660			52,690		494.3	%	110,604			36,280			74,324		204.9	%
Non-gaming expenses
East	61,253			2,163			59,090		2,731.9	%	28,788			15,579			13,209		84.8	%
West	35,791			1,769			34,022		1,923.2	%	16,004			6,850			9,154		133.6	%

Other	23,192			2			23,190		1,159,500.0	%	894			3			891		29,700.0	%
Total Non-gaming expenses	120,236			3,934			116,302		2,956.3	%	45,686			22,432			23,254		103.7	%
Advertising, general and administrative
East	49,063			10,833			38,230		352.9	%	89,155			37,523			51,632		137.6	%
West	29,324			6,592			22,732		344.8	%	52,420			17,289			35,131		203.2	%

Other	22,824			6,564			16,260		247.7	%	40,135			18,786			21,349		113.6	%
Total Advertising, general and administrative	101,211			23,989			77,222		321.9	%	181,710			73,598			108,112		146.9	%
Margins:
Gaming and Racing expenses as a percentage of Gaming and Racing revenue	31		%	45		%			(14)	%	30		%	35		%			(5)	%
Non-gaming expenses as a percentage of Non-gaming revenue	200		%	79		%			121	%	47		%	63		%			(16)	%
Advertising, general and administrative as a percentage of Total revenue	38		%	83		%			(45)	%	40		%	53		%			(13)	%


Period	Total Number of Shares Purchased	Average Price Paid per Share			Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Number (or Appropriate Dollar Value) of Shares that May Yet be Purchased Under the Plans or Programs
April 1, 2021 - April 30, 2021	—	$	—		—	$	—
May 1, 2021 - May 31, 2021	2	53.01			—	—
June 1, 2021 - June 30, 2021	—	—			—	—
	2	$	53.01	(a)	—	$	—


Exhibit No.						Description
31.1*						Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2*						Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1*						Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2*						Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS						XBRL Instance Document - the instance document does not appear in the interactive data file because XBRL tags are embedded within the inline XBRL document
101.SCH						Inline XBRL Taxonomy Extension Schema Document
101.CAL						Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF						Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB						Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE						Inline XBRL Taxonomy Extension Presentation Linkbase Document
104						The cover page from Bally's Corporation's Quarterly report on Form 10-Q for the quarter ended June 30, 2021, formatted in inline XBRL contained in Exhibit 101


			BALLY’S CORPORATION

			By:			/s/ STEPHEN H. CAPP
						Stephen H. Capp
						Executive Vice President and Chief Financial Officer
						(Principal Financial and Accounting Officer)


Date:	August 9, 2021	By:	/s/ GEORGE T. PAPANIER
			George T. Papanier
			President and Chief Executive Officer
			(Principal Executive Officer)