PROPERTY AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2026

Property, Plant, and Equipment [Abstract]

Property and equipment, net was comprised of the following:


(in thousands)	June 30, 2026 (Successor)		December 31, 2025 (Successor)
Land and improvements(1)(2)	$	240,704	$	98,527
Building and improvements(2)	182,756		712,236
Equipment	300,814		265,357
Furniture and fixtures	41,503		54,146
Construction in process	71,795		27,621
Total property, plant and equipment	837,572		1,157,887
Less: Accumulated depreciation(2)	(134,191)		(94,148)
Property and equipment, net	$	703,381	$	1,063,739

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(1) Includes $195.5 million as of June 30, 2026 (Successor) related to the City of New York conveyance arrangement.

(2) During the first quarter of 2026, the Company derecognized $65.6 million, $542.3 million, and $(13.5) million of Land and improvements, Building and improvements, and Accumulated depreciation, respectively, as part of the Bally’s Twin River sale-leaseback transaction with GLPI. Refer to Note 13 “Leases” for further information.