Bally's BALY Management Facility Agreement — Funding obligation from counterparty
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Bally's in its filing.
Tagged under the XBRL concept baly:CostOfGoodsAndServicesSoldConsiderationReceivedFromVendorAmount.
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 management facility agreement — funding obligation from counterparty?
- Bally's (BALY) reported management facility agreement — funding obligation from counterparty of $50M in Q1 2026.
- What does management facility agreement — funding obligation from counterparty mean?
- This metric represents the total committed funding or capital support that a counterparty is contractually obligated to provide under a management facility agreement. It serves as a key indicator of the financial backing and liquidity support secured for the specific segment's operations. Monitoring this obligation helps investors assess the reliability of external funding sources and the potential risk of capital shortfalls.
Ask your AI about Bally's's management facility agreement — funding obligation from counterparty.
Connect your AI assistant and compare it to peers, right in your chat.
