v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 1 Months Ended 5 Months Ended 6 Months Ended
Feb. 07, 2025
Jun. 30, 2025
Jun. 30, 2026
Cash flows from operating activities:      
Net loss $ (51,024) $ (193,920) $ (324,839)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 22,343 119,213 189,132
Non-cash amortization of right of use assets 7,228 35,390 55,027
Share-based compensation 1,954 5,090 4,356
Non-cash amortization of debt discount and debt issuance costs 1,004 35,521 37,390
Gain on sale-leaseback 0 0 (105,845)
Loss on extinguishment of debt 0 17,372 63,420
Payment for up front licensing contracts 0 0 (98,906)
Deferred income taxes (3,010) 31,902 (22,679)
Change in fair value of fair value option assets 0 (66,267) 139,590
(Income) loss from equity method investments 594 (1,464) (4,386)
Foreign exchange (gain) loss (194) 4,947 (10,524)
Other operating activities 3,511 (8,070) (27,973)
Changes in operating assets and liabilities (62,592) 79,085 (159,699)
Net cash (used in) provided by operating activities (80,186) 58,799 (265,936)
Cash flows from investing activities:      
Cash paid for acquisitions, net of cash acquired 0 21,233 0
Proceeds from sale-leaseback 0 0 685,000
Cash paid for asset acquisitions 0 0 (16,212)
Cash paid for The Star Investment 0 (83,720) 0
Capital expenditures (16,424) (79,422) (73,954)
Cash paid for capitalized software (2,315) (20,533) (19,227)
Acquisition of gaming licenses 0 (2,000) (502,000)
Other investing activities 1,042 890 519
Net cash provided by (used in) investing activities (17,697) (163,552) 74,126
Cash flows from financing activities:      
Issuance of long-term debt 97,000 893,000 1,992,997
Repayments of long-term debt (10,000) (347,486) (2,042,084)
Deferred payables, net 11,064 4,682 (17,996)
Bally’s Corporation share repurchases 0 (416,180) 0
Payment of financing fees 0 (21,326) (19,875)
Payment of contingent consideration 0 0 (115,000)
Purchase of incremental Intralot shares 0 0 (24,359)
Bally’s Chicago Inc. share issuance 0 12,361 0
Other financing activities (76) (5,356) (5,951)
Net cash (used in) provided by financing activities 97,988 119,695 (232,268)
Effect of foreign currency on cash and cash equivalents and restricted cash (457) (4,941) 5,163
Net change in cash and cash equivalents and restricted cash (352) 10,001 (418,915)
Cash and cash equivalents and restricted cash, beginning of period 231,254 230,902 906,686
Cash and cash equivalents and restricted cash, end of period 230,902 240,903 487,771
Supplemental disclosure of cash flow information:      
Cash paid for interest, net of amounts capitalized 39,069 116,136 220,037
Income taxes paid, net of refunds (73) 15,044 18,531
Non-cash investing and financing activities:      
Unpaid property and equipment 15,772 64,602 34,518
Unpaid capitalized software 6,158 1,149 344
Intralot shares received as settlement of loan receivable 0 46,905 0
Unpaid equity method investment 0 6,001 0
Liability for NY land asset acquisition 0 0 (185,428)
GLP Capital, L.P. partnership units received 0 0 15,143
NCI issued for asset acquisition 0 0 (1,900)
Paid-in-kind interest capitalized to long-term debt 0 0 9,518
Company Merger      
Non-cash investing and financing activities:      
Consideration issues 0 955,647 0
Queen      
Non-cash investing and financing activities:      
Consideration issues $ 0 $ 555,751 $ 0