| Schedule of Long-Term Debt |
Long-term debt consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding Balance | | | | | | ($ in thousands) | June 30,
2026 (Successor) | | December 31,
2025 (Successor) | | Issuance Date | | Maturity Date | 2026 Term Loans(1) | $ | 1,109,518 | | | $ | — | | | 2/11/2026 | | 2/11/2031 | | Term Loan Facility | — | | | 1,472,594 | | | 10/1/2021 | | n/a | Intralot British Term Loan | 530,277 | | | 538,720 | | | 10/8/2025 | | 10/8/2031 | Intralot Greek Term Loan | 228,441 | | | 234,962 | | | 10/8/2025 | | 10/8/2029 | Revolving Credit Facility | 303,750 | | | — | | | 10/1/2021 | | various | Intralot Revolving Credit Facility | 74,243 | | | — | | | 10/3/2025 | | 7/1/2030 | Intralot Greek Retail Bond | 148,487 | | | 152,726 | | | 2/28/2024 | | 2/27/2029 | | Fixed Rate Senior Notes: | | | | | | | | 2029 Notes | 750,000 | | | 750,000 | | | 8/20/2021 | | 9/1/2029 | 2031 Notes | 735,000 | | | 735,000 | | | 8/20/2021 | | 9/1/2031 | Intralot Fixed Rate Notes | 685,323 | | | 704,886 | | | 9/25/2025 | | 10/15/2031 | Intralot Floating Rate Notes(2) | 342,661 | | | 352,443 | | | 9/25/2025 | | 10/15/2031 | | Intralot Supplemental Indenture | 2,368 | | | 2,436 | | | 8/3/2021 | | 9/15/2050 | | Less: Unamortized original issue discount | (51,969) | | | — | | | | | | | | | | | | | | Less: Unamortized fair value adjustment(3) | (351,399) | | | (443,110) | | | | | | | Long-term debt, including current portion | 4,506,700 | | | 4,500,657 | | | | | | Less: Current portion of 2026 Term Loans, Term Loan Facility and Intralot Greek Term Loan | (39,977) | | | (37,344) | | | | | | | Long-term debt, net of discount and deferred financing fees; excluding current portion | $ | 4,466,723 | | | $ | 4,463,313 | | | | | |
__________________________________ (1) If the Company’s 2029 Notes remain outstanding as of March 1, 2029, the maturity date of the 2026 Term Loans will be March 1, 2029. (2) The variable interest rate was 6.824% and 6.526% as of June 30, 2026 (Successor) and December 31, 2025 (Successor), respectively. (3) Represents the adjustment to recognize the Company’s existing debt at fair value in the Merger, as well as the fair value adjustment to the Company’s assumed Bally’s Intralot debt in connection with the Intralot Transaction. These adjustments are amortized through Interest expense, net using the effective interest method. The outstanding principal balance of the Company’s foreign denominated debt instruments consisted of the following: | | | | | | | | | | | | | | | | | | | | | Outstanding Principal Balance | | (in thousands) | Principal Currency | | June 30,
2026 (Successor) | | December 31,
2025 (Successor) | Intralot British Term Loan | GBP | | £ | 400,000 | | | £ | 400,000 | | Intralot Greek Term Loan | EUR | | € | 200,000 | | | € | 200,000 | | Intralot Revolving Credit Facility | EUR | | € | 65,000 | | | € | — | | Intralot Greek Retail Bond | EUR | | € | 130,000 | | | € | 130,000 | | Intralot Fixed Rate Notes | EUR | | € | 600,000 | | | € | 600,000 | | Intralot Floating Rate Notes | EUR | | € | 300,000 | | | € | 300,000 | | | Intralot Supplemental Indenture | EUR | | € | 2,073 | | | € | 2,073 | |
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| Schedule of Maturities of Long-Term Debt |
As of June 30, 2026 (Successor), the contractual annual principal maturities of long-term debt, including the Revolving Credit Facility, are as follows: | | | | | | | (in thousands) | | | Remaining 2026 | $ | 95,670 | | | 2027 | 45,688 | | | 2028 | 282,323 | | | 2029 | 1,006,996 | | | 2030 | 74,243 | | | Thereafter | 3,405,148 | | | $ | 4,910,068 | |
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