Bally's BALY Hospitality Services Agreement — Cumulative Proceeds From Vendor
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Where this comes from
Reported directly by Bally's in its filing.
Tagged under the XBRL concept baly:CumulativeProceedsFromVendor.
The source filing: Bally's’s 10-Q, filed May 18, 2026.
- Filed
- May 18, 2026, 4:57 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001747079-26-000046
The Company is party to various agreements relating to the operations of certain services at the Company’s Bally’s Chicago Casino facilities (the “Bally’s Chicago Services Agreements”), including a long-term management agreement with a provider to operate and manage certain hospitality services at its permanent casino and resort upon opening. The Company expects to receive $50.0 million towards the construction and build out of certain casino facilities related to such services, payable in installments over 2 years, subject to certain conditions precedent (the “Bally’s Chicago Construction Investments”). Under the aforementioned hospitality services agreement, the Company received $7.8 million of Bally’s Chicago Construction Investments during the three months ended March 31, 2026 (Successor). As of March 31, 2026 (Successor), the Company has received $12.2 million in proceeds under this agreement. The Bally’s Chicago Construction Investments are recorded in “Other long-term liabilities” and will be amortized as a reduction of Non-gaming operating costs and expenses over the contract term upon commencement of operations at the permanent casino and resort. Upon commencement of the management services, the Company will pay a management fee and a share of net receipts to the providers, as applicable, which will be recognized as Non-gaming operating costs and expenses as incurred.
ITEM 1. Financial Statements
FAQ
- What is Bally's's hospitality services agreement — cumulative proceeds from vendor?
- Bally's (BALY) reported hospitality services agreement — cumulative proceeds from vendor of $12.2M in Q1 2026.
- What does hospitality services agreement — cumulative proceeds from vendor mean?
- This metric measures the total aggregate cash or value received from a vendor over the life of a hospitality services agreement. It serves as a key indicator of the total realized financial benefit or cost recovery associated with a specific service partnership. Investors use this to evaluate the long-term economic impact and total value capture from vendor-related hospitality arrangements.
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