Bally's (BALY) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2024	Oct. 25, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-38850
Entity Registrant Name	Bally’s Corporation
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-0904604
Entity Address, Address Line One	100 Westminster Street
Entity Address, City or Town	Providence,
Entity Address, State or Province	RI
Entity Address, Postal Zip Code	02903
City Area Code	401
Local Phone Number	475-8474
Title of 12(b) Security	Common stock, $0.01 par value
Trading Symbol	BALY
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		40,666,844
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001747079
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 190,975	$ 163,194
Restricted cash	89,564	152,068
Accounts receivable, net	60,973	70,328
Inventory	18,212	14,629
Income Taxes Receivable	21,975	62,215
Prepaid expenses and other current assets	107,241	108,096
Assets held for sale	0	1,815
Total current assets	488,940	572,345
Property and equipment, net	795,491	1,174,888
Right of use assets, net	1,262,322	1,160,288
Goodwill	1,993,809	1,935,803
Intangible assets, net	1,760,261	1,871,428
Deferred tax asset	6,866	36,034
Other assets	98,222	110,317
Total assets	6,405,911	6,861,103
Liabilities and Stockholders’ Equity
Current portion of long-term debt	19,450	19,450
Current portion of lease liabilities	60,178	54,842
Accounts payable	72,558	69,161
Accrued Income Taxes, Current	12,805	78,301
Accrued and other current liabilities	711,905	651,719
Liabilities related to assets held for sale	0	1,307
Total current liabilities	876,896	874,780
Long-term debt, net	3,651,488	3,643,185
Long-term portion of financing obligation	0	200,000
Long-term portion of lease liabilities	1,308,056	1,148,407
Deferred tax liability	91,802	125,590
Commercial rights liability	74,132	113,626
Other long-term liabilities	169,694	119,661
Total liabilities	6,172,068	6,225,249
Commitments and contingencies (Note 17)
Stockholders’ equity:
Common stock	406	400
Preferred Stock, Value, Issued	0	0
Additional paid-in-capital	1,411,114	1,400,479
Treasury stock, at cost	0	0
Accumulated deficit	(1,037,860)	(555,895)
Accumulated other comprehensive loss	(140,245)	(209,558)
Total stockholders’ equity	233,415	635,426
Stockholders' Equity Attributable to Noncontrolling Interest	428	428
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	233,843	635,854
Total liabilities and stockholders’ equity	$ 6,405,911	$ 6,861,103

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock authorized (in shares)	200,000,000	200,000,000
Common stock issued (in shares)	40,653,346	39,973,202
Common stock outstanding (in shares)	40,653,346	39,973,202
Preferred stock par value (in dollars per share)	$ 0.01
Preferred stock authorized (in shares)	10,000,000
Preferred stock outstanding (in shares)	0	0
Treasury stock (in shares)	0

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue:
Total revenue	$ 629,974	$ 632,477	$ 1,870,113	$ 1,837,403
Operating (income) costs and expenses:
General and administrative	273,593	230,582	774,448	732,147
Loss (gain) on sale-leaseback	150,000	0	150,000	(374,321)
Depreciation and amortization	77,800	77,487	316,328	231,235
Total operating costs and expenses	787,629	595,241	2,096,150	1,417,453
(Loss) income from operations	(157,655)	37,236	(226,037)	419,950
Other (expense) income:
Interest expense, net	(73,975)	(70,630)	(221,306)	(200,987)
Other non-operating (expense) income, net	(49,854)	15,528	(38,370)	24,949
Total other expense, net	(123,829)	(55,102)	(259,676)	(176,038)
(Loss) income before income taxes	(281,484)	(17,866)	(485,713)	243,912
(Benefit) provision for income taxes	(33,629)	43,936	(3,748)	153,029
Net (loss) income	$ (247,855)	$ (61,802)	$ (481,965)	$ 90,883
Net income per share, basic (in dollars per share)	$ (5.10)	$ (1.15)	$ (9.96)	$ 1.68
Weighted average common shares outstanding, basic (in shares)	48,596	53,580	48,405	53,961
Net income per share, diluted (in dollars per share)	$ (5.10)	$ (1.15)	$ (9.96)	$ 1.67
Weighted average common shares outstanding, diluted (in shares)	48,596	53,580	48,405	54,276
Gaming
Revenue:
Total revenue	$ 523,906	$ 508,895	$ 1,564,714	$ 1,489,086
Operating (income) costs and expenses:
Cost of net revenue	234,908	229,131	707,222	665,731
Non-Casino
Revenue:
Total revenue	106,068	123,582	305,399	348,317
Operating (income) costs and expenses:
Cost of net revenue	$ 51,328	$ 58,041	$ 148,152	$ 162,661

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ (247,855)	$ (61,802)	$ (481,965)	$ 90,883
Foreign currency translation adjustments	150,021	(89,166)	103,342	1,532
Net unrealized derivative (loss) gain on cash flow hedges, net of tax	(41,967)	2,593	(27,380)	2,593
Net unrealized derivative (loss) gain on net investment hedges, net of tax	(23,903)	211	(6,649)	211
Other Comprehensive Income (Loss)	84,151	(86,362)	69,313	4,336
Net (loss) income	$ (163,704)	$ (148,164)	$ (412,652)	$ 95,219

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Treasury Stock	Accumulated Deficit	Accumulated Other Comprehensive Loss	Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2022		46,670,057
Beginning balance at Dec. 31, 2022	$ 806,247	$ 466	$ 1,636,366	$ 0	$ (535,373)	$ (295,640)	$ 428
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Release of restricted stock (in shares)		124,050
Issuance of restricted stock and other stock awards	(1,331)	$ 1	(1,332)
Share-based compensation	6,040		6,040
Retirement of treasury shares	0	$ 10	35,987	19,753	(16,244)
Share repurchases (in shares)		(1,026,343)
Share repurchases	(19,753)			(19,753)
Other Comprehensive Income (Loss)	52,073					52,073
Net Income (Loss)	178,336				178,336
Ending balance (in shares) at Mar. 31, 2023		45,767,764
Ending balance at Mar. 31, 2023	1,021,612	$ 457	1,605,087	0	(340,793)	(243,567)	428
Beginning balance (in shares) at Dec. 31, 2022		46,670,057
Beginning balance at Dec. 31, 2022	$ 806,247	$ 466	1,636,366	0	(535,373)	(295,640)	428
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share repurchases (in shares)	(1,774,845)
Share repurchases	$ (30,458)
Other Comprehensive Income (Loss)	4,336
Net Income (Loss)	90,883
Ending balance (in shares) at Sep. 30, 2023		45,616,627
Ending balance at Sep. 30, 2023	897,067	$ 456	1,600,115	0	(412,628)	(291,304)	428
Beginning balance (in shares) at Mar. 31, 2023		45,767,764
Beginning balance at Mar. 31, 2023	1,021,612	$ 457	1,605,087	0	(340,793)	(243,567)	428
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Release of restricted stock (in shares)		125,842
Issuance of restricted stock and other stock awards	35	$ 1	(495)	529
Share-based compensation	6,290		6,290
Retirement of treasury shares	305	$ 7	25,279	10,176	(14,805)
Share repurchases (in shares)		(748,502)
Share repurchases	(10,705)			(10,705)
Issuance of MKF penny warrants	7,371		7,371
Penny warrants exercised (in shares)		377,253
Penny warrants exercised	4	$ 4
Settlement of consideration to SportCaller (in shares)		103,656
Settlement of consideration to SportCaller	1,884	$ 1	1,883
Other Comprehensive Income (Loss)	38,625					38,625
Net Income (Loss)	(25,651)				(25,651)
Ending balance (in shares) at Jun. 30, 2023		45,626,013
Ending balance at Jun. 30, 2023	1,039,160	$ 456	1,594,857	0	(351,639)	(204,942)	428
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Release of restricted stock (in shares)		31,065
Issuance of restricted stock and other stock awards	(180)		(180)
Share-based compensation	6,257		6,257
Retirement of treasury shares	6		1,420	601	(813)
Settlement of consideration - Bally’s Interactive (in shares)		(40,451)
Settlement of consideration - Bally’s Interactive	0		601	(601)
Other Comprehensive Income (Loss)	(86,362)					(86,362)
Net Income (Loss)	(61,802)				(61,802)
Ending balance (in shares) at Sep. 30, 2023		45,616,627
Ending balance at Sep. 30, 2023	$ 897,067	$ 456	1,600,115	0	(412,628)	(291,304)	428
Beginning balance (in shares) at Dec. 31, 2023	39,973,202	39,973,202
Beginning balance at Dec. 31, 2023	$ 635,854	$ 400	1,400,479	0	(555,895)	(209,558)	428
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Release of restricted stock (in shares)		423,805
Issuance of restricted stock and other stock awards	(2,774)	$ 4	(2,778)
Share-based compensation	3,058		3,058
Settlement of consideration	(124)	$ 1	(125)
Other	1,750		1,750
Settlement of consideration to SportCaller (in shares)		86,368
Other Comprehensive Income (Loss)	(14,045)					(14,045)
Net Income (Loss)	(173,914)				(173,914)
Ending balance (in shares) at Mar. 31, 2024		40,483,375
Ending balance at Mar. 31, 2024	$ 449,805	$ 405	1,402,384	0	(729,809)	(223,603)	428
Beginning balance (in shares) at Dec. 31, 2023	39,973,202	39,973,202
Beginning balance at Dec. 31, 2023	$ 635,854	$ 400	1,400,479	0	(555,895)	(209,558)	428
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other Comprehensive Income (Loss)	69,313
Net Income (Loss)	$ (481,965)
Ending balance (in shares) at Sep. 30, 2024	40,653,346	40,653,346
Ending balance at Sep. 30, 2024	$ 233,843	$ 406	1,411,114	0	(1,037,860)	(140,245)	428
Beginning balance (in shares) at Mar. 31, 2024		40,483,375
Beginning balance at Mar. 31, 2024	449,805	$ 405	1,402,384	0	(729,809)	(223,603)	428
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Release of restricted stock (in shares)		135,981
Issuance of restricted stock and other stock awards	263	$ 1	262
Share-based compensation	4,472		4,472
Other Comprehensive Income (Loss)	(793)					(793)
Net Income (Loss)	(60,196)				(60,196)
Ending balance (in shares) at Jun. 30, 2024		40,619,356
Ending balance at Jun. 30, 2024	393,551	$ 406	1,407,118	0	(790,005)	(224,396)	428
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Release of restricted stock (in shares)		33,990
Issuance of restricted stock and other stock awards	(103)	$ 0	(103)
Share-based compensation	4,099		4,099
Other Comprehensive Income (Loss)	84,151					84,151
Net Income (Loss)	$ (247,855)				(247,855)
Ending balance (in shares) at Sep. 30, 2024	40,653,346	40,653,346
Ending balance at Sep. 30, 2024	$ 233,843	$ 406	$ 1,411,114	$ 0	$ (1,037,860)	$ (140,245)	$ 428

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net (loss) income	$ (481,965)	$ 90,883
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	316,328	231,235
Non-cash lease expense	43,546	42,835
Share-based compensation	11,629	18,587
Impairment charges	12,757	9,653
Amortization of debt discount and debt issuance costs	8,730	8,482
Loss (gain) on sale-leaseback	150,000	(374,321)
Gain on extinguishment of debt	0	(4,044)
Deferred income taxes	(9,401)	59,774
Net (gain) loss on assets and liabilities measured at fair value	(12,474)	12
Net (loss) income from equity method investments	(284)	5,344
Change in value of commercial rights liabilities	10,615	(11,967)
Change in contingent consideration payable	264	1,024
Foreign exchange loss (gain)	26,447	(2,512)
Proceeds from interest rate contracts	11,042	0
Other operating activities	14,061	8,021
Changes in operating assets and liabilities	(25,685)	46,041
Net cash provided by operating activities	76,178	118,359
Cash flows from investing activities:
Cash paid for acquisitions, net of cash acquired	208	(93,451)
Proceeds from sale-leaseback	0	411,000
Proceeds from net investment hedges	3,274	0
Capital expenditures	(155,757)	(266,231)
Cash paid for capitalized software	(36,134)	(35,903)
Acquisition of gaming licenses	(1,657)	(10,150)
Other investing activities	(1,015)	(7,512)
Net cash used in investing activities	(191,081)	(2,247)
Cash flows from financing activities:
Issuance of long-term debt	310,000	198,000
Repayments of long-term debt	(309,588)	(245,208)
Deferred payables	81,666	0
Share repurchases	0	(30,458)
Other financing activities	(6,370)	(1,894)
Net cash provided by (used in) financing activities	75,708	(79,560)
Effect of foreign currency on cash and cash equivalents	4,472	(2,251)
Change in cash and cash equivalents and restricted cash held for sale	0	(1,648)
Net change in cash and cash equivalents and restricted cash	(34,723)	32,653
Cash and cash equivalents and restricted cash, beginning of period	315,262	265,184
Cash and cash equivalents and restricted cash, end of period	280,539	297,837
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized	256,161	196,975
Income Taxes Paid, Net	9,342	15,842
Non-cash investing and financing activities:
Unpaid property and equipment	23,083	24,608
Unpaid internally developed software	2,040	1,769
Bally’s Chicago - gaming license payable	0	135,250
Bally’s Chicago - land development liability	0	46,802
Investment in GLP Capital, L.P.	0	14,412
Investment in RI Joint Venture	0	17,832
Net purchase consideration for acquisitions	$ 0	$ 55,933

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents	$ 190,975	$ 163,194
Restricted cash	89,564	152,068
Total cash and cash equivalents and restricted cash	$ 280,539	$ 315,262	$ 297,837	$ 265,184

GENERAL INFORMATION

GENERAL INFORMATION	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	GENERAL INFORMATION Description of Business Bally’s Corporation (the “Company,” or “Bally’s”) is a global gaming, hospitality and entertainment company with casinos and resorts and online gaming (“iGaming”) businesses. The Company owns and manages the following properties within its Casinos & Resorts reportable segment: Casinos & Resorts Location Type Built/Acquired Bally’s Twin River Lincoln Casino Resort (“Bally’s Twin River”) Lincoln, Rhode Island Casino and Resort 2004 Bally’s Arapahoe Park Aurora, Colorado Racetrack/OTB Site 2004 Hard Rock Hotel & Casino Biloxi (“Hard Rock Biloxi”) (2) Biloxi, Mississippi Casino and Resort 2014 Bally’s Tiverton Casino & Hotel (“Bally’s Tiverton”) (2) Tiverton, Rhode Island Casino and Hotel 2018 Bally’s Dover Casino Resort (“Bally’s Dover”) (2) Dover, Delaware Casino, Resort and Raceway 2019 Bally’s Black Hawk (1)(2) Black Hawk, Colorado Three Casinos 2020 Bally’s Kansas City Casino (“Bally’s Kansas City”) Kansas City, Missouri Casino 2020 Bally’s Vicksburg Casino (“Bally’s Vicksburg”) Vicksburg, Mississippi Casino and Hotel 2020 Bally’s Atlantic City Casino Resort (“Bally’s Atlantic City”) Atlantic City, New Jersey Casino and Resort 2020 Bally’s Shreveport Casino & Hotel (“Bally’s Shreveport”) Shreveport, Louisiana Casino and Hotel 2020 Bally’s Lake Tahoe Casino Resort (“Bally’s Lake Tahoe”) Lake Tahoe, Nevada Casino and Resort 2021 Bally’s Evansville Casino & Hotel (“Bally’s Evansville”) (2) Evansville, Indiana Casino and Hotel 2021 Bally’s Quad Cities Casino & Hotel (“Bally’s Quad Cities”) (2) Rock Island, Illinois Casino and Hotel 2021 Bally’s Chicago Casino (“Bally’s Chicago”) (3) Chicago, Illinois Casino 2023 Bally’s Golf Links at Ferry Point (“Bally’s Golf Links”) Bronx, New York Golf Course 2023 __________________________________ (1) Includes Bally’s Black Hawk North Casino, Bally’s Black Hawk West Casino and Bally’s Black Hawk East Casino. (2) Properties leased from Gaming and Leisure Properties, Inc. (“GLPI”). Refer to Note 15 “ Leases (3) Temporary casino facility as permanent casino resort is constructed. Site of future permanent casino resort is leased from GLPI. The Company’s International Interactive reportable segment primarily includes the interactive activities in Europe and Asia of Gamesys Group Ltd. (“Gamesys”), an iCasino and online bingo platform provider and operator. The North America Interactive reportable segment includes a portfolio of sports betting, iGaming, and free-to-play gaming brands, and the North American operations of Gamesys. Refer to Note 18 “ Segment Reportin Agreement and Plan of Merger On July 25, 2024, the Company entered into an Agreement and Plan of Merger (as amended, the “Merger Agreement”) with SG Parent LLC, a Delaware limited liability company (“Parent”), The Queen Casino & Entertainment, Inc., a Delaware corporation and affiliate of Parent (“Queen”), Epsilon Sub I, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub I”), Epsilon Sub II, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub II”, and together with the Company and Merger Sub I, the “Company Parties”), and, solely for purposes of specified provisions thereof, SG CQ Gaming LLC, a Delaware limited liability company (“SG Gaming” and together with Parent and Queen, the “Buyer Parties”). The Merger Agreement provides, among other things and on the terms and subject to the conditions therein, in connection with the closing of the transaction, (i) SG Gaming will contribute to the Company all shares of common stock of Queen that it owns (the “Queen Share Contribution”) in exchange for 26,909,895 shares of common stock of the Company (“Company Common Stock”) based on a 2.45368905950 share exchange ratio, (ii) the Company will issue approximately 3,542,205 shares of Company Common Stock to the other stockholders of Queen, (iii) immediately thereafter, Merger Sub I will merge into the Company (the “Company Merger”), with the Company surviving the Company Merger and (iv) immediately thereafter, Merger Sub II will merge into Queen (the “Queen Merger,” and together with the Company Merger, the “Mergers”), with Queen surviving the Queen Merger as a direct, wholly owned subsidiary of the Company. The transaction is expected to close in the first calendar quarter of 2025, subject to the satisfaction of closing conditions contained in the Merger Agreement, including approval of the Company Merger by (a) the affirmative vote of the holders of a majority of all of the outstanding shares of Company Common Stock entitled to vote; (b) the affirmative vote of the holders of a majority of the outstanding shares of Company Common Stock held by the unaffiliated stockholders of the Company entitled to vote; (c) the expiration of any waiting period applicable to the consummation of the Queen Share Contribution or Mergers under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (which has occurred) and (d) receipt of specified gaming approvals by the Company and Queen (as defined in the Merger Agreement). Subject to the terms and conditions of the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each share of the Company’s Common Stock issued and outstanding immediately prior to the Effective Time (other than shares of common stock owned by (i) the Company or any of its wholly owned subsidiaries, (ii) Parent or any of Parent’s affiliates, (iii) by holders exercising statutory appraisal rights; (iv) by SG Gaming following the Queen Share Contribution; or (v) by holders who have elected to have such shares remain issued and outstanding following the Company Merger (a “Rolling Share Election”)) will be converted into the right to receive cash consideration equal to $18.25 per share of common stock (the “Per Share Price”). Each holder of shares of Company Common Stock (other than the Company or its subsidiaries) will have the option to make a Rolling Share Election. The Merger Agreement contains customary representations, warranties and covenants of the Company Parties and the Buyer Parties, including, among others, covenants by each the Company and Queen relating (i) to conduct of their respective business prior to the closing of the Queen Share Contribution and the Mergers in the ordinary course during the period between the execution of the Merger Agreement and consummation of the Merger and (ii) not to engage in certain expressly enumerated transactions during such period. Under the terms of the Merger Agreement, the Company is subject to a customary “no-shop” provision that restricts the Company and its representatives from soliciting an alternative acquisition proposal (as described in the Merger Agreement) from third parties or providing information to or participating in any discussions or negotiations with third parties regarding any alternative acquisition proposal. However, prior to the receipt of the requisite approval of the holders of Company Common Stock, the “no-shop” provision permits the Company, under certain circumstances and in compliance with certain obligations set forth in the Merger Agreement, to provide non-public information and engage in discussions and negotiations with respect to an unsolicited alternative acquisition that would reasonably be expected to lead to a Superior Proposal (as defined in the Merger Agreement). The Merger Agreement also contains certain termination rights for the Company and Parent, with a termination fee equal to $11,100,000 payable by the Company to Parent under certain circumstances and a termination fee equal to $22,200,000 in cash or stock payable by Parent to the Company under certain circumstances. In addition, the Company or Parent may terminate the Merger Agreement if the Merger is not consummated by July 25, 2025. The Merger Agreement, the Merger and the transactions contemplated thereby were (i) unanimously recommended by a special committee of the board of directors of the Company (the “Board”), consisting solely of disinterested members of the Board, on July 24, 2024 and (ii) approved by the disinterested members of the Board on July 24, 2025. The foregoing descriptions of the Merger, the Merger Agreement, and the transactions contemplated thereby are not complete and are subject to and qualified in their entirety by the full text of the Merger Agreement, which is attached as an exhibit to, and described in, the Company’s Current Report on Form 8-K filed with the SEC on July 25, 2024, and amendments thereto were attached as an exhibit to, and described in, the Company’s Current Reports on Forms 8-K filed with the SEC on August 28, 2024 and October 1, 2024, respectively. Concurrently with the execution of the Merger Agreement, the Company and Parent entered into support agreements with Standard RI Ltd. (“SRL”) (the “SG Support Agreement”), SBG Gaming, LLC, a designated subsidiary of Sinclair (“SBG”) (the “SBG Support Agreement”), and Noel Hayden (the “Hayden Support Agreement”), each dated as of July 25, 2024 (collectively, the “Support Agreements”), pursuant to which each of them agreed, among other things, to vote their shares of Company Common Stock to adopt and approve the Merger Agreement and the other transactions contemplated by the Merger Agreement and to make a Rolling Share Election with respect to all shares of Company Common Stock owned or acquired by them, if any, including via the exercise of outstanding options or warrants. In addition, with respect to the SBG Support Agreement, the Company and SBG agreed that SBG would waive the right to receive the Per Share Price as the result of any exercise of performance warrants or options held by SBG. The SBG Support Agreement provides also that, simultaneously with the consummation of the transactions contemplated by the Merger Agreement, SBG will deliver to the Company the options it previously acquired from the Company to purchase 1,639,669 shares of Company Common Stock at prices between $30.00 and $45.00 per share for cancellation and retirement and in exchange therefor, the Company will issue to SBG warrants to purchase 384,536 shares of Company Common Stock containing terms substantially similar to the terms set forth in certain warrants currently held by SBG. The foregoing descriptions of the Support Agreements are not complete and are subject to and qualified in their entirety by reference to each of the SG Support Agreement, SBG Support Agreement and Hayden Support Agreement, each of which is attached as an exhibit to, and described in, the Company’s Current Report on Form 8-K filed with the SEC on July 25, 2024.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and entities the Company identifies as variable interest entities (“VIEs”), of which the Company is determined to be the primary beneficiary. All intercompany transactions and balances have been eliminated in consolidation. Certain prior year amounts have been reclassified to conform to the current year’s presentation. The financial statements of our foreign subsidiaries are translated into US Dollars (“USD”) using exchange rates in effect at period-end for assets and liabilities and average exchange rates during each reporting period for results of operations. Adjustments resulting from financial statement translations are reflected as a separate component of accumulated other comprehensive loss. Foreign currency transaction gains and losses are included in net loss. The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules of the Securities and Exchange Commission (the “SEC”) for interim financial information, including the instructions to Form 10-Q and Rule 10-01 of the SEC’s Regulation S-X. Accordingly, certain information and note disclosures normally required in complete financial statements prepared in conformity with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted. In the Company’s opinion, these condensed consolidated financial statements include all adjustments necessary for a fair presentation of the financial position, results of operations and cash flows for the interim periods presented. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. We have made estimates and judgments affecting the amounts reported in our condensed consolidated financial statements and the accompanying notes. The actual results that we experience may differ materially from our estimates. Equity Method Investments On January 1, 2023, the Company and International Game Technology PLC (“IGT”) contributed certain tangible assets and leases to Rhode Island VLT Company, LLC (the “RI Joint Venture”) in exchange for equity interests of the RI Joint Venture. The Company contributed video lottery terminals (“VLTs”) and player tracking equipment to the joint venture for a 40% equity interest of the RI Joint Venture. The 40% ownership in the joint venture qualifies for equity method accounting. In addition to this joint venture, the Company also has other investments in unconsolidated subsidiaries, which are accounted for using equity method accounting. The Company records its share of net income or loss within “Other non-operating (expense) income, net” in the condensed consolidated statements of operations. For the three months ended September 30, 2024 and 2023, the Company recorded (loss) income from equity method investments of $(1.1) million and $2.3 million, respectively, and for the nine months ended September 30, 2024 and 2023, the Company recorded (loss) income from equity method investments of $(0.3) million and $5.3 million, respectively. Variable Interest Entities The Company evaluates entities for which control is achieved through means other than voting rights to determine if it is the primary beneficiary of a VIE. An entity is a VIE if it has any of the following characteristics (i) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support (ii) equity holders, as a group, lack the characteristics of a controlling financial interest or (iii) the entity is structured with non-substantive voting rights. The primary beneficiary of the VIE is generally the entity that has (a) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and (b) the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The Company consolidates its investment in a VIE when it determines that it is its primary beneficiary. In determining whether it is the primary beneficiary of the VIE, the Company considers qualitative and quantitative factors, including, but not limited to: which activities most significantly impact the VIE’s economic performance and which party controls such activities and significance of the Company’s investment and other means of participation in the VIE’s expected profits/losses. Significant judgments related to these determinations include estimates about the current and future fair values and performance of assets held by these VIEs and general market conditions. Management has analyzed and concluded that Breckenridge Curacao B.V. (“Breckenridge”) is a VIE because it does not have sufficient equity investment at risk. The Company has determined that it is the primary beneficiary and consolidates the VIE because (a) although the Company does not control all decisions of Breckenridge, the Company has the power to direct the activities of Breckenridge that most significantly impact its economic performance through various contracts with the entity and (b) the nature of these agreements between Breckenridge and the Company provides the Company with the obligation to absorb losses and the right to receive benefits based on fees that are based upon off-market rates and commensurate to the level of services provided. The Company receives significant benefits in the form of fees that are not at market and commensurate to the level of services provided. As a result, the Company consolidates all of the assets, liabilities and results of operations of Breckenridge and its subsidiaries in the accompanying condensed consolidated financial statements. As of September 30, 2024 and December 31, 2023, Breckenridge had total assets of $166.6 million and $161.3 million, respectively, and total liabilities of $96.8 million and $87.7 million, respectively. Breckenridge had revenues of $40.9 million and $71.5 million for the three months ended September 30, 2024 and 2023, respectively, and $149.4 million and $232.0 million for the nine months ended September 30, 2024 and 2023, respectively. The Company may change its original assessment of a VIE upon subsequent events such as the modification of contractual arrangements that affect the characteristics or adequacy of the entity’s equity investments at risk and the disposition of all or a portion of an interest held by the primary beneficiary. The Company performs this analysis on an ongoing basis. Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents includes cash balances and highly liquid investments with an original maturity of three months or less. Restricted cash includes player deposits, payment service provider deposits, cash collateral in connection with amounts previously due to the Chicago Tribune (refer to Note 8 “ Property and Equipment Accounts Receivable, Net Accounts receivable, net consists of the following: September 30, December 31, (in thousands) 2024 2023 Amounts due from Rhode Island and Delaware (1) $ 14,177 $ 13,028 Gaming receivables 20,810 26,127 Non-gaming receivables 32,263 37,221 Accounts receivable 67,250 76,376 Less: Allowance for credit losses (6,277) (6,048) Accounts receivable, net $ 60,973 $ 70,328 __________________________________ (1) Represents the Company’s share of VLT and table games revenue for Bally’s Twin River and Bally’s Tiverton due from the State of Rhode Island and for Bally’s Dover from the State of Delaware. Deferred Payables In order to execute on its strategy of improving working capital efficiency, the Company will, from time to time, participate in trade finance or deferred payable initiatives, including programs that may securitize or accelerate liquidity realized from receivables, or alternatively extend trade terms with certain suppliers or vendors. In certain cases, where the Company is not able to extend payment terms directly with suppliers or vendors, the Company will consider deferred payable solutions that simulate such trade term extensions. These solutions generally involve entering into exchange agreements with intermediary institutions who will make payment to the supplier or vendor within the original terms on behalf of the Company, in exchange for a new bill with terms that conforms to the Company’s payment policy of net 90 days. The Company will then pay the new bill to the intermediary institutions, inclusive of any embedded premium, which the Company records as “Interest expense, net,” within three months or less. During the three and nine months ended September 30, 2024, the Company borrowed $82.5 million and $184.8 million, respectively, under these deferred payable arrangements and during the three and nine months ended September 30, 2024 repaid $61.7 million and $103.1 million, respectively. Amounts outstanding under these deferred payable arrangements were $84.1 million as of September 30, 2024 and are included in “Accrued and other current liabilities” on the condensed consolidated balance sheets. For the three and nine months ended September 30, 2024, the Company incurred $1.7 million and $3.9 million of interest expense, respectively, under these arrangements. These arrangements were not utilized by the Company during the three and nine months ended September 30, 2023. Gaming Expenses Gaming expenses include, among other things, payroll costs and expenses associated with the operation of VLTs, slots and table games, including gaming taxes payable to jurisdictions in which the Company operates outside of Rhode Island and Delaware, and marketing costs directly associated with the Company’s iGaming products and services. These marketing expenses are included within Gaming expenses in the condensed consolidated statements of operations and were $39.4 million and $43.6 million for the three months ended September 30, 2024 and 2023, respectively, and $132.6 million and $137.3 million for the nine months ended September 30, 2024 and 2023, respectively. Gaming expenses also include racing expenses comprised of payroll costs, off track betting (“OTB”) commissions and other expenses associated with the operation of live racing and simulcasting. Advertising Expense The Company expenses advertising costs as incurred. For the three months ended September 30, 2024 and 2023, advertising expense was $3.5 million and $5.6 million, respectively, and for the nine months ended September 30, 2024 and 2023, advertising expense was $13.2 million and $14.2 million, respectively. Advertising costs are included in “General and administrative” on the condensed consolidated statements of operations. Share-Based Compensation The Company recognized total share-based compensation expense of $4.1 million and $6.3 million for the three months ended September 30, 2024 and 2023, respectively, and $11.6 million and $18.6 million for the nine months ended September 30, 2024 and 2023, respectively. The total income tax benefit for share-based compensation arrangements was $1.1 million and $1.7 million for the three months ended September 30, 2024 and 2023, respectively, and $3.0 million and $4.9 million for the nine months ended September 30, 2024 and 2023, respectively. Strategic Partnership - Sinclair Broadcast Group In 2020, the Company and Sinclair Broadcast Group, Inc. (“Sinclair”) entered into a Framework Agreement (the “Framework Agreement”), which provides for a long-term strategic relationship between Sinclair and the Company. Under the Framework Agreement, the Company issued warrants and options and agreed to share tax benefits and received naming, integration and other rights, including access to Sinclair’s Tennis Channel, Stadium Sports Network and STIRR streaming service. Under a Commercial Agreement (the “Commercial Agreement”) contemplated by the Framework Agreement, the Company paid annual fees to Diamond Sports Group (“Diamond”), a Sinclair subsidiary, for naming rights over Diamond’s regional sports networks (“RSNs”) and other consideration. The Company accounted for this relationship as an asset acquisition in accordance with the “Acquisition of Assets Rather Than a Business” subsections of ASC 805-50, Business Combinations—Related Issues , using a cost accumulation model. The total intangible asset (“Commercial rights intangible asset”) represents the present value of the naming rights fees and other consideration, including the fair value of the warrants and options, and an estimate of the tax-sharing payments, each explained below. The Commercial rights intangible asset, net of accumulated amortization, was $202.6 million and $225.9 million as of September 30, 2024 and December 31, 2023, respectively. Amortization was $7.8 million and $7.7 million for the three months ended September 30, 2024 and 2023, respectively, and $23.4 million and $23.2 million for the nine months ended September 30, 2024 and 2023, respectively. Refer to Note 9 “ Goodwill and Intangible Assets The present value of the naming rights fees was recorded as part of intangible assets, with a corresponding liability, which was accreted through interest expense. As of December 31, 2023, the total value of the liability was $57.7 million, with $8.0 million recorded within “Accrued and other current liabilities” related to the short-term portion of the liability, and $49.7 million related to the long-term portion of the liability reflected as “Commercial rights liability” in the condensed consolidated balance sheets. Accretion expense reported in “Interest expense, net” in our condensed consolidated statements of operations was $1.1 million and $3.3 million for the three and nine months ended September 30, 2023, respectively. In the first quarter of 2024, the Company’s obligation to pay Diamond for the naming rights terminated upon the bankruptcy court’s approval of certain settlement terms, which the court approved on March 1, 2024. Refer to Note 17 “ Commitments and Contingencies Under the Framework Agreement, the Company issued to SBG (i) an immediately exercisable warrant to purchase up to 4,915,726 shares of the Company at an exercise price of $0.01 per share (“the Penny Warrants”), (ii) a warrant to purchase up to a maximum of 3,279,337 additional shares of the Company at a price of $0.01 per share subject to the achievement of various performance metrics (the “Performance Warrants”), and (iii) an option to purchase up to 1,639,669 additional shares in four tranches with purchase prices ranging from $30.00 to $45.00 per share, exercisable over a seven-year period beginning on the fourth anniversary of the November 18, 2020 closing (the “Options”). The exercise and purchase prices and the number of shares issuable upon exercise of the warrants and options are subject to customary anti-dilution adjustments. Refer to Note 1 “ General Information The Penny Warrants and Options are equity classified instruments under ASC 815, Derivatives and Hedging (“ASC 815”). The fair value of the Penny Warrants approximates the fair value of the underlying shares and was $150.4 million on November 18, 2020 at issuance, and was recorded to “Additional paid-in-capital” in the condensed consolidated balance sheets, with an offset to the Commercial rights intangible asset. The Performance Warrants are accounted for as a derivative liability because the underlying performance metrics represent an adjustment to the settlement amount that is not indexed to the Company’s own stock and thus equity classification is precluded under ASC 815. Refer to Note 11 “ Fair Value Measurements Under the Framework Agreement, the Company agreed to share 60% of the tax benefits it realizes from the Penny Warrants, Options, Performance Warrants and other related payments. Changes in the estimate of the tax benefit to be realized and tax rates in effect at the time, among other changes, are treated as an adjustment to the intangible asset. The liability for these obligations was $18.8 million and $19.1 million as of September 30, 2024 and December 31, 2023, respectively, and is reflected in “Commercial rights liabilities” within our condensed consolidated balance sheets. Provision for Income Taxes During the nine months ended September 30, 2024 and 2023, the Company recorded a benefit for income tax of $3.7 million, at an effective year to date tax rate of 0.8% and a provision for income tax of $153.0 million, at an effective year to date tax rate of 62.7%, respectively. The 2024 year to date effective tax rate differed from the US federal statutory tax rate of 21%, creating a benefit for income tax on the Company’s Loss before income taxes, largely due to an increase in the valuation allowance, entirely offset by discrete tax asset related to the sale-leaseback transaction involving the real estate underlying the Bally’s Chicago project. The 2023 year to date effective tax rate was higher than the US federal statutory tax rate of 21%, largely due to an increase in the valuation allowance and a tax liability for a discrete item related to the deferred gain on sale-leaseback transactions in Mississippi and Rhode Island.

CONSOLIDATED FINANCIAL INFORMAT

CONSOLIDATED FINANCIAL INFORMATION	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
CONSOLIDATED FINANCIAL INFORMATION	CONSOLIDATED FINANCIAL INFORMATION General and Administrative Expense Amounts included in General and administrative for the three and nine months ended September 30, 2024 and 2023 were as follows: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Advertising, general and administrative $ 267,342 $ 210,576 $ 725,754 $ 655,341 Acquisition and integration 7,319 19,595 18,016 46,480 Restructuring charges, net (1,068) 411 17,921 20,673 Impairment charges (1) — — 12,757 9,653 Total general and administrative $ 273,593 $ 230,582 $ 774,448 $ 732,147 __________________________________ (1) Includes impairment charges on long-lived assets within the International Interactive segment in the second quarter of 2024 and impairment charges related to assets held-for-sale within the North America Interactive segment in 2023. Other Non-Operating (Expense) Income, Net Amounts included in Other non-operating (expense) income, net for the three and nine months ended September 30, 2024 and 2023 were as follows: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Change in value of commercial rights liabilities $ (16,932) $ 4,676 $ (10,615) $ 11,967 Net (loss) income from equity method investments (1,073) 2,254 (284) 5,344 Gain on extinguishment of debt — — — 4,044 Foreign exchange (loss) gain (30,246) 8,459 (26,447) 2,512 Other, net (1,603) 139 (1,024) 1,082 Total other non-operating (expense) income, net $ (49,854) $ 15,528 $ (38,370) $ 24,949

RECENTLY ISSUED ACCOUNTING PRON

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
RECENTLY ADOPTED AND ISSUED ACCOUNTING PRONOUNCEMENTS	RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS Standards to Be Implemented In October 2023, the FASB issued ASU No. 2023-06, Disclosure Improvements - Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative . The amendments in this update align the requirements in the ASC to the SEC’s regulations. The effective date for each amended topic in the ASC is the date on which the SEC’s removal of the related disclosure requirement from Regulation S-X or Regulation S-K becomes effective. If by June 30, 2027, the SEC has not removed the related disclosure from its regulations, the amendments will be removed from the Codification and not become effective. Early adoption is prohibited. The Company is currently in the process of evaluating the impact of this amendment on its condensed consolidated financial statements and related disclosures. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures . The amendments in this update enhance the disclosures required for significant segment expenses on an annual and interim basis. The guidance will apply retrospectively and is effective for annual reporting periods in fiscal years beginning after December 15, 2023, and interim reporting periods in fiscal years beginning after December 31, 2024. The Company is currently in the process of evaluating the impact of this amendment on its condensed consolidated financial statements and related disclosures. In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) - Improvements to Income Tax Disclosures . The amendments in this update enhance the transparency and decision usefulness of income tax disclosures. This update will be effective for annual periods beginning after December 15, 2024, with early adoption permitted. The Company is currently in the process of evaluating the impact of this amendment on its condensed consolidated financial statements and related disclosures. In March 2024, the FASB issued ASU 2024-02, Codification Improvements - Amendments to Remove References to the Concepts Statements . This amendment to the Codification removes references to various Concepts Statements. This update will be effective for public business entities for fiscal years beginning after December 15, 2024, with early adoption permitted if adopted as of the beginning of the fiscal year that includes that interim period. The Company is currently in the process of evaluating the impact of this amendment on its condensed consolidated financial statements and related disclosures.

REVENUE RECOGNITION

REVENUE RECOGNITION	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	REVENUE RECOGNITION The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers , which requires the revenue to be recognized when a performance obligation is satisfied by transferring the control of promised goods or services and is measured at the transaction price or the amount of consideration that the Company expects to receive through satisfaction of the identified performance obligations. The Company generates revenue from four principal sources: (1) gaming (which includes retail gaming, online gaming, sports betting and racing), (2) hotel, (3) food and beverage and (4) retail, entertainment and other. Sales tax and other taxes collected on behalf of governmental authorities are accounted for on a net basis and are not included in revenue or operating expenses. Gaming Revenue Performance Obligations Retail gaming service contracts involving our land-based casinos, each have an obligation to honor the outcome of a wager and to pay out an amount equal to the stated odds, including the return of the initial wager, if the customer receives a winning hand. These elements of honoring the outcome of the hand of play and generating a payout are considered one performance obligation, with an additional performance obligation for those customers earning incentives under the Company’s player loyalty program. Online gaming and sports betting represent a single performance obligation for the Company to operate contests or games and award prizes or payouts to users based on results of the arrangement. Additionally, the use of incentives across the online gaming products create future customer rights and are a separate performance obligation. Racing revenue is earned through advance deposit wagering, which consists of patrons wagering through an advance deposit account. Each wagering contract contains a single performance obligation. Transaction Price The Company applies a practical expedient to account for its gaming contracts on a portfolio basis as such wagers have similar characteristics and the Company reasonably expects the impact on the consolidated financial statements of applying the revenue recognition guidance to the portfolio would not differ materially from the application of an individual wagering contract. The transaction price for a retail gaming, online gaming or sports betting wagering contract is the difference between wins and losses, not the total amount wagered. In addition, in the event of a multi-stage contest, the Company will allocate transaction price ratably from contest start to the contest’s final stage. The transaction price for racing operations, inclusive of live racing events conducted at the Company’s racing facilities, is the commission received from the pari-mutuel pool less contractual fees and obligations, primarily consisting of purse funding requirements, simulcasting fees, tote fees and certain pari-mutuel taxes that are directly related to the racing operations. For purposes of allocating the transaction price in a wagering contract between the wagering performance obligation and the obligation associated with incentives earned under loyalty programs, the Company allocates an amount to the loyalty program contract liability based on the stand-alone selling price of the incentive earned. The performance obligation related to loyalty program incentives are deferred and recognized as revenue upon redemption by the customer. Revenue Recognition The allocated revenue for retail gaming wagers is recognized when the wagering occurs as all such wagers settle immediately. Online gaming revenue is recognized at the point in time when the player completes a gaming session and payout occurs. Sports betting involves a player wagering money on an outcome or series of outcomes. If a player wins the wager, the Company pays the player a pre-determined amount known as fixed odds, and its revenue is recognized as total wagers net of payouts made and incentives awarded to players. Racing revenue includes several of our casinos and resorts’ share of wagering from live racing and the import of simulcast signals, and is recognized upon completion of the wager based upon an established take-out percentage. The estimated retail value related to goods and services provided to customers without charge or upon redemption under the Company’s player loyalty programs included in departmental revenues, and therefore reducing gaming revenues, are as follows for the three and nine months ended September 30, 2024 and 2023: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Hotel $ 22,697 $ 26,367 $ 63,603 $ 72,925 Food and beverage 21,467 21,604 61,982 60,901 Retail, entertainment and other 2,517 3,185 7,387 8,196 $ 46,681 $ 51,156 $ 132,972 $ 142,022 Non-gaming Revenue Performance Obligations Hotel, food and beverage, and retail, entertainment and other services have been determined to be separate, stand-alone performance obligations and revenue is recognized as the good or service is transferred at the point in time of the transaction. Transaction Price The transaction price for hotel, food and beverage, and retail, entertainment and other, is the net amount collected from the customer for such goods and services. The estimated standalone selling price of hotel rooms is determined based on observable prices. The standalone selling price of these goods and services are determined based upon the actual retail prices charged to customers for those items. Revenue Recognition Hotel revenue is recognized when the customer obtains control through occupancy of the room over their stay at the hotel. Advance deposits for hotel rooms are recorded as liabilities until revenue recognition criteria are met. Food, beverage and retail revenues are recognized at the time the goods are sold from Company-operated outlets. Other revenue includes cancellation fees for hotel and meeting space services, which are recognized upon cancellation by the customer, and golf revenues from the Company’s operations of Bally’s Golf Links, which are recognized at the time of sale. Additionally, other revenue includes market access and business-to-business service revenue generated by the International Interactive and North America Interactive reportable segments, which is recognized at the time the goods are sold or the service is provided, and are included in Non-gaming revenue within our condensed consolidated statements of operations. The following tables provide a disaggregation of revenue by segment (in thousands): Three Months Ended September 30, 2024 Casinos & Resorts International Interactive North America Interactive Total Gaming $ 256,234 $ 228,693 $ 38,979 $ 523,906 Non-gaming: Hotel 41,672 — — 41,672 Food and beverage 35,403 — — 35,403 Retail, entertainment and other 20,049 2,244 6,700 28,993 Total non-gaming revenue 97,124 2,244 6,700 106,068 Total revenue $ 353,358 $ 230,937 $ 45,679 $ 629,974 Three Months Ended September 30, 2023 Gaming $ 245,687 $ 240,577 $ 22,631 $ 508,895 Non-gaming: Hotel 56,728 — — 56,728 Food and beverage 39,438 — — 39,438 Retail, entertainment and other 17,173 3,307 6,936 27,416 Total non-gaming revenue 113,339 3,307 6,936 123,582 Total revenue $ 359,026 $ 243,884 $ 29,567 $ 632,477 Nine Months Ended September 30, 2024 Gaming $ 762,197 $ 687,109 $ 115,408 $ 1,564,714 Non-gaming: Hotel 118,026 — — 118,026 Food and beverage 103,478 — — 103,478 Retail, entertainment and other 55,037 7,907 20,951 83,895 Total non-gaming revenue 276,541 7,907 20,951 305,399 Total revenue $ 1,038,738 $ 695,016 $ 136,359 $ 1,870,113 Nine Months Ended September 30, 2023 Gaming $ 709,812 $ 720,925 $ 58,349 $ 1,489,086 Non-gaming: Hotel 155,451 — — 155,451 Food and beverage 108,270 — — 108,270 Retail, entertainment and other 47,441 16,305 20,850 84,596 Total non-gaming revenue 311,162 16,305 20,850 348,317 Total revenue $ 1,020,974 $ 737,230 $ 79,199 $ 1,837,403 Contract Assets and Contract Related Liabilities The Company’s receivables related to contracts with customers are primarily comprised of marker balances, interactive platform business-to-business service receivables, other amounts due from gaming activities, amounts due for hotel stays and amounts due from tracks and OTB locations. The Company’s receivables related to contracts with customers were $30.8 million and $38.5 million as of September 30, 2024 and December 31, 2023, respectively. The Company has the following liabilities related to contracts with customers: liabilities for loyalty programs, advance deposits made for goods and services yet to be provided and unpaid wagers. All of the contract liabilities are short-term in nature and are included in “Accrued and other current liabilities” in the condensed consolidated balance sheets. Loyalty program incentives earned by customers are typically redeemed within one year from when they are earned and expire if a customer’s account is inactive for more than 12 months; therefore, the majority of these incentives outstanding at the end of a period will either be redeemed or expire within the next 12 months. Advance deposits are typically interactive player deposits and customer deposits for future banquet events, hotel room reservations, and gift cards. The Company holds restricted cash for interactive player deposits and records a corresponding withdrawal liability. The banquet and hotel reservation deposits are usually received weeks or months in advance of the event or hotel stay. Unpaid wagers include the Company’s outstanding chip liability and unpaid slot, pari-mutuel and sports betting tickets. Liabilities related to contracts with customers as of September 30, 2024 and December 31, 2023 were as follows: September 30, December 31, (in thousands) 2024 2023 Unpaid wagers $ 33,815 $ 20,481 Advanced deposits from customers 30,640 29,052 Loyalty programs 12,726 16,803 Total $ 77,181 $ 66,336 The Company recognized $7.1 million and $10.0 million of revenue related to loyalty program redemptions for the three months ended September 30, 2024 and 2023, respectively, and $22.6 million and $27.7 million of revenue related to loyalty program redemptions for the nine months ended September 30, 2024 and 2023, respectively.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ACQUISITIONS	BUSINESS COMBINATIONS Casinos & Resorts Acquisitions Bally’s Golf Links - On September 12, 2023, the Company completed the acquisition of Trump Golf Links at Ferry Point, subsequently renamed Bally’s Golf Links at Ferry Point, which includes the assignment of a license agreement to operate an 18-hole links-style golf course located in the Bronx, New York. The total purchase consideration included cash paid, net of cash acquired and net working capital adjustments, which amounted to $55.0 million. This acquisition continues the Company’s strategic objective of developing a diversified portfolio within its Casinos & Resorts segment. Total purchase consideration also includes contingent consideration valued at $58.6 million, which is the fair value, under GAAP, of expected cash payments totaling up to $125 million to the seller, based upon future events, which are uncertain. The contingent consideration was recorded at fair value, using discounted cash flow analyses with level 3 inputs, and is remeasured quarterly, with fair value adjustments recognized in earnings, until the contingencies are resolved. Inputs to this valuation approach include the Company’s estimated probabilities of achieving the conditions for payment, expected terms between 1.5 and 3 Years, and discount rates between 7.2% and 7.8%. The settlement of the contingent consideration liabilities will be due to the seller in the event the license agreement is extended or if the Company is successful in its bid for a casino license. The following table summarizes the consideration paid and the fair values of the assets acquired and liabilities assumed in connection with the Casinos & Resorts acquisition as of September 30, 2024: Bally’s Golf Links (in thousands) Final (2) Total current assets $ 1,108 Property and equipment, net 505 Intangible assets, net (1) 6,500 Other assets 2,000 Goodwill 103,824 Total current liabilities (345) Total purchase price $ 113,592 __________________________________ (1) Bally’s Golf Links’ intangible assets include a concessionaire license of $6.5 million, which is being amortized over its estimated useful life of approximately 12 years. (2) The Company recorded adjustments to the preliminary purchase price allocation during the nine months ended September 30, 2024 which decreased Goodwill and the total purchase price by $0.2 million. Goodwill recognized is deductible for local tax purposes and has been assigned as of the acquisition date to the Company’s Casinos & Resorts reportable segment, which includes the reporting unit expected to benefit from the synergies of the acquisitions. Qualitative factors that contribute to the recognition of goodwill include expected synergies from integrating the business into the Company’s casino portfolio and future development of its omni-channel strategy. The Company incurred $0.2 million of acquisition costs related to the above Casinos & Resorts acquisition during the nine months ended September 30, 2024 and $0.5 million during the three and nine months ended September 30, 2023. These costs are included within “General and administrative” of the condensed consolidated statements of operations. International Interactive Acquisition Casino Secret - On January 5, 2023, the Company completed the acquisition of BACA Limited (“Casino Secret”), a European based online casino that offers slots, tables and live dealer games to Asian markets for total consideration of $50.4 million. Cash paid by the Company, net of $8.3 million cash acquired, was $38.7 million, excluding transaction costs. The following table summarizes the consideration paid and the fair values of the assets acquired and liabilities assumed in connection with the International Interactive acquisition: (in thousands) Casino Secret Final (2) Total current assets $ 8,862 Property and equipment, net 50 Intangible assets, net (1) 29,471 Goodwill 18,422 Total current liabilities (6,371) Total purchase price $ 50,434 __________________________________ (1) Casino Secret intangible assets include player relationships and trade names of $26.0 million and $3.5 million, respectively, which are both being amortized on a straight-line basis over their estimated useful lives of approximately 7 years. (2) The Company did not record adjustments to the preliminary purchase price allocation during the nine months ended September 30, 2024. Total goodwill recorded in connection with the above acquisition was $18.4 million, and is not deductible for local tax purposes. Qualitative factors that contribute to the recognition of goodwill include certain intangible assets that are not recognized as separate identifiable intangible assets apart from goodwill, which consist primarily of benefits from acquiring a talented technology workforce and management team experienced in the online gaming industry, and securing buyer-specific synergies expected to contribute to the Company’s omni-channel strategy which are expected to increase revenue and profits within the Company’s International Interactive reportable segment. The goodwill of the acquisition has been assigned, as of the acquisition date, to the Company’s International Interactive reportable segment. The Company incurred $1.2 million of acquisition costs related to the above International Interactive acquisition during the nine months ended September 30, 2023. There were no acquisition costs related to the International Interactive acquisition during the three months ended September 30, 2023 or three and nine months ended September 30, 2024. These costs are included within “General and administrative” of the condensed consolidated statements of operations.

PREPAID EXPENSES AND OTHER ASSE

PREPAID EXPENSES AND OTHER ASSETS	9 Months Ended
	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets Disclosure	PREPAID EXPENSES AND OTHER CURRENT ASSETS As of September 30, 2024 and December 31, 2023, prepaid expenses and other current assets was comprised of the following: September 30, December 31, (in thousands) 2024 2023 Services and license agreements $ 44,145 $ 32,466 Gaming taxes and licenses 14,216 9,309 Prepaid marketing 12,306 8,685 Purse funds 9,416 6,404 Sales tax 6,375 7,565 Due from payment service providers 6,069 12,662 Short term derivative assets 5,161 9,530 Prepaid insurance 2,009 12,181 Other 7,544 9,294 Total prepaid expenses and other current assets $ 107,241 $ 108,096

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure	PROPERTY AND EQUIPMENT As of September 30, 2024 and December 31, 2023, property and equipment was comprised of the following: September 30, December 31, (in thousands) 2024 2023 Land and improvements $ 53,937 $ 401,208 Building and improvements 689,151 673,071 Equipment 289,405 264,398 Furniture and fixtures 69,808 68,746 Construction in process 134,102 73,810 Total property, plant and equipment 1,236,403 1,481,233 Less: Accumulated depreciation (440,912) (306,345) Property and equipment, net $ 795,491 $ 1,174,888 Depreciation expense relating to property and equipment was $19.3 million and $20.2 million for the three months ended September 30, 2024 and 2023, respectively, and $138.6 million and $57.8 million for the nine months ended September 30, 2024 and 2023, respectively. Depreciation expense during the nine months ended September 30, 2024 included $80.1 million of accelerated depreciation related to the closure of the Tropicana Las Vegas property on April 2, 2024. Refer to Note 13 “ Restructuring Expense Bally’s Chicago A wholly-owned indirect subsidiary of the Company, Bally’s Chicago Operating Company, LLC entered into a Lease Termination and Short Term License Agreement with Chicago Tribune Company, LLC (“Tribune”), effective March 31, 2023, which, among other things, provided that the Company will have possession of 777 West Chicago Avenue, Chicago, Illinois 60610 on or before July 5, 2024, subject to $150 million in payments by the Company to Tribune payable in full upon Tribune vacating the site on or prior to July 5, 2024 (the “Payment”). $10 million of the Payment was paid upon execution of the Lease Termination and Short Term License Agreement and $90 million of the Payment was paid during the third quarter of 2023. The Company paid the remaining $50 million on July 9, 2024 and gained possession of the property per the agreement with Tribune. In the third quarter of 2024, as the result of a lease modification event, the Company derecognized $350.0 million of land relating to the site of the future Bally’s Chicago permanent facility. Refer to Note 15 “ Leases

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS The change in intangible assets, net for the nine months ended September 30, 2024 is as follows (in thousands): Intangible assets, net as of December 31, 2023 $ 1,871,428 Effect of foreign exchange 28,200 Internally developed software 36,283 Other intangibles acquired 2,127 Less: Amortization of intangible assets (177,777) Intangible assets, net as of September 30, 2024 $ 1,760,261 The Company’s identifiable intangible assets consist of the following: September 30, 2024 (in thousands) Gross Carrying Amount Accumulated Net Amortizable intangible assets: Commercial rights - Sinclair (1) $ 315,847 $ (113,275) $ 202,572 Trade names 38,047 (20,938) 17,109 Hard Rock license 8,000 (2,485) 5,515 Customer relationships 1,005,459 (432,885) 572,574 Developed technology 277,147 (118,756) 158,391 Internally developed software 98,864 (22,884) 75,980 Gaming licenses 46,771 (17,983) 28,788 Other 11,591 (4,904) 6,687 Total amortizable intangible assets 1,801,726 (734,110) 1,067,616 Intangible assets not subject to amortization: Gaming licenses 586,971 — 586,971 Trade names 104,341 — 104,341 Other 1,333 — 1,333 Total unamortizable intangible assets 692,645 — 692,645 Total intangible assets, net $ 2,494,371 $ (734,110) $ 1,760,261 __________________________________ (1) Commercial rights intangible asset in connection with the Framework Agreement. Refer to Note 2 “ Summary of Significant Accounting Policies December 31, 2023 (in thousands) Gross Carrying Amount Accumulated Net Amortizable intangible assets: Commercial rights - Sinclair (2) $ 315,847 $ (89,901) $ 225,946 Trade names 37,042 (18,125) 18,917 Hard Rock license 8,000 (2,303) 5,697 Customer relationships 974,286 (314,053) 660,233 Developed technology 267,927 (86,119) 181,808 Internally developed software 61,687 (13,091) 48,596 Gaming licenses 45,008 (11,964) 33,044 Other 11,505 (3,621) 7,884 Total amortizable intangible assets 1,721,302 (539,177) 1,182,125 Intangible assets not subject to amortization: Gaming licenses 586,971 — 586,971 Trade names 100,544 — 100,544 Other 1,788 — 1,788 Total unamortizable intangible assets 689,303 — 689,303 Total intangible assets, net $ 2,410,605 $ (539,177) $ 1,871,428 __________________________________ (2) See note (1) above. Amortization of intangible assets was approximately $58.5 million and $57.3 million for the three months ended September 30, 2024 and 2023, respectively, and $177.8 million and $173.4 million for the nine months ended September 30, 2024 and 2023, respectively. The following table reflects the remaining amortization expense associated with the finite-lived intangible assets as of September 30, 2024: (in thousands) Remaining 2024 $ 61,246 2025 243,082 2026 241,276 2027 240,385 2028 186,318 Thereafter 95,309 Total $ 1,067,616

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS The Company utilizes derivative instruments in order to mitigate interest rate and currency exchange rate risk in accordance with its financial risk and liability management policy. In 2023, the Company entered into a series of interest rate contracts and cross currency swap derivative transactions with multiple bank counterparties in order to synthetically convert a notional aggregate amount of $500.0 million of the Company’s USD denominated variable rate Term Loan Facility, as disclosed in Note 14 “ Long-Term Debt In the third quarter of 2024, the Company settled $500.0 million of notional interest rate collars and received $3.9 million in termination payments, reflecting the fair value on the settlement date. The fair value on the settlement date is recorded as a component of accumulated other comprehensive income (loss), which will be reclassified into “Interest expense, net” in the condensed consolidated statements of operations in the same period in which the hedged interest payments associated with the Company’s borrowings are recorded. Additionally, the Company simultaneously entered into a series of interest rate contracts in a notional aggregate amount of $1.00 billion, to further manage the Company’s exposure to interest rate movements associated with the Company’s variable rate Term Loan Facility through its synthetic conversion to fixed rate debt. The tenor of these contracts were matched with the maturity of the Term Loan Facility tranche maturing on October 1, 2028. Derivative Instruments Designated as Hedging Instruments Net Investment Hedges Cross Currency Swaps - The Company is exposed to fluctuations in foreign exchange rates on investments it holds in its European foreign entities. The Company uses fixed and fixed-cross-currency swaps to hedge its exposure to changes in the foreign exchange rate on its foreign investment in Europe and their exposure to changes in the EUR-GBP exchange rate. Currency forward agreements involve fixing the USD-EUR exchange rate for delivery of a specified amount of foreign currency on a specified date. The currency forward agreements are typically cash settled in USD for their fair value at or close to their settlement date. Cross-currency swaps involve the receipt of functional-currency-fixed-rate amounts from a counterparty in exchange for the Company making foreign-currency-fixed-rate payments over the life of the agreement. These derivative arrangements qualify as net investment hedges under ASC 815, with the gain or loss resulting from changes in the spot value of the derivative reported in other comprehensive income (loss). Amounts are reclassified out of other comprehensive income (loss) into earnings when the hedged net investment is either sold or substantially liquidated. Additionally, the accrual of foreign currency and USD denominated coupons will be recognized in “Interest expense, net” in the condensed consolidated statements of operations. Refer to Note 11 “ Fair Value Measurements Stockholders’ Equity The following tables summarize the Company’s net investment hedges as of September 30, 2024 and December 31, 2023 (in thousands): Net Investment Hedges Notional Sold Notional Purchased Cross currency swaps € 461,595 £ 387,531 Cross currency swaps £ 546,759 $ 700,000 Cash Flow Hedges Interest Rate Contracts - The Company’s objectives in using interest rate derivatives are to hedge its exposure to variability in cash flows on a portion of its floating-rate debt, to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish these objectives, the Company primarily uses interest rate swaps and collars as part of its financial risk and liability management policy. The Company’s interest rate swaps and collars are designated as cash flow hedges under ASC 815. The changes in the fair value of these instruments are recorded as a component of accumulated other comprehensive income (loss) and reclassified into “Interest expense, net” in the condensed consolidated statements of operations in the same period in which the hedged interest payments associated with the Company’s borrowings are recorded. Refer to Note 11 “ Fair Value Measurements Stockholders’ Equity The following table summarizes the Company’s cash flow hedges as of September 30, 2024 and December 31, 2023 (in thousands): September 30, 2024 December 31, 2023 Cash Flow Hedges Index Notional Amount Cap Floor Notional Amount Cap Floor (1) Interest rate contracts - swaps US - SOFR $ 1,500,000 — — $ 500,000 — — Interest rate contracts - collars US - SOFR $ — — — $ 500,000 4.25% 3.22% __________________________________ (1) Weighted average rate.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The following tables summarize the Company’s assets and liabilities measured at fair value on a recurring basis. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: September 30, 2024 (in thousands) Balance Sheet Location Level 1 Level 2 Level 3 Assets: Cash and cash equivalents Cash and cash equivalents $ 190,975 $ — $ — Restricted cash Restricted cash 89,564 — — Convertible loans Other assets — — 4,321 Investments in equity securities Other assets 2,440 — — Investment in GLPI partnership Other assets — 14,748 — Derivative assets designated as hedging instruments: Interest rate contracts Prepaid expenses and other current assets — 95 — Interest rate contracts Other assets — — — Cross currency swaps Prepaid expenses and other current assets — 5,066 — Cross currency swaps Other assets — 3,906 — Total derivative assets at fair value — 9,067 — Total assets $ 282,979 $ 23,815 $ 4,321 Liabilities: Contingent consideration Other long-term liabilities $ — $ — $ 58,844 Derivative liabilities not designated as hedging instruments: Sinclair Performance Warrants Commercial rights liabilities — — 55,318 Derivative liabilities designated as hedging instruments: Interest rate contracts Accrued and other current liabilities — 3,570 — Interest rate contracts Other long-term liabilities — 52,452 — Cross currency swaps Accrued and other current liabilities — 4,005 — Cross currency swaps Other long-term liabilities — 44,429 — Total derivative liabilities at fair value — 104,456 55,318 Total liabilities $ — $ 104,456 $ 114,162 December 31, 2023 (in thousands) Balance Sheet Location Level 1 Level 2 Level 3 Assets: Cash and cash equivalents Cash and cash equivalents $ 163,194 $ — $ — Restricted cash Restricted cash 152,068 — — Convertible loans Other assets — — 4,115 Investments in equity securities Other assets 3,409 — — Investment in GLPI partnership Other assets — 14,146 — Derivative assets designated as hedging instruments: Interest rate contracts Prepaid expenses and other current assets — 5,356 — Cross currency swaps Prepaid expenses and other current assets — 4,174 — Cross currency swaps Other assets — 6,477 — Total derivative assets at fair value — 16,007 — Total assets $ 318,671 $ 30,153 $ 4,115 Liabilities: Contingent consideration Other long-term liabilities $ — $ — $ 58,580 Derivatives not designated as hedging instruments Sinclair Performance Warrants Commercial rights liabilities — — 44,703 Derivative liabilities designated as hedging instruments: Interest rate contracts Other long-term liabilities — 21,492 — Cross currency swaps Accrued and other current liabilities — 1,225 — Cross currency swaps Other long-term liabilities — 29,376 — Total derivative liabilities at fair value — 52,093 44,703 Total liabilities $ — $ 52,093 $ 103,283 The following tables summarize the changes in fair value of the Company’s Level 3 assets and liabilities: (in thousands) Sinclair Performance Warrants Contingent Consideration Convertible Loans Beginning as of December 31, 2023 $ 44,703 $ 58,580 $ 4,115 Change in fair value — (1,835) (33) Ending as of March 31, 2024 $ 44,703 $ 56,745 $ 4,082 Change in fair value (6,317) 1,040 4 Ending as of June 30, 2024 $ 38,386 $ 57,785 $ 4,086 Change in fair value 16,932 1,059 235 Ending as of September 30, 2024 $ 55,318 $ 58,844 $ 4,321 (in thousands) Sinclair Performance Warrants Contingent Consideration Convertible Loans Beginning as of December 31, 2022 $ 36,987 $ 8,220 $ 10,212 Additions in the period (acquisition fair value) — — 500 Change in fair value 267 1,241 126 Ending as of March 31, 2023 $ 37,254 $ 9,461 $ 10,838 Additions in the period (acquisition fair value) — — 500 Reductions in the period — (9,292) — Change in fair value (7,558) (169) 136 Ending as of June 30, 2023 $ 29,696 $ — $ 11,474 Additions in the period (acquisition fair value) — 58,580 500 Change in fair value (4,676) — (1,289) Ending as of September 30, 2023 $ 25,020 $ 58,580 $ 10,685 The gains (losses) recognized in the condensed consolidated statements of operations for derivative instruments during the three and nine months ended September 30, 2024 and 2023 are as follows: Condensed Consolidated Statements of Operations Location Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Derivatives not designated as hedging instruments Sinclair Performance Warrants Other non-operating (expense) income, net $ (16,932) $ 4,676 $ (10,615) $ 11,967 Derivatives designated as hedging instruments Interest rate contracts Interest expense, net $ (3,983) $ (443) $ (9,678) $ (443) Cross currency swaps Interest expense, net (634) (388) (3,170) (388) Interest Rate Contracts and Cross Currency Swaps The fair values of interest rate contracts and cross currency swap assets and liabilities are classified within Level 2 of the fair value hierarchy as the valuation inputs are based on estimates using currency spot and forward rates and standard pricing models that consider the value of future cash flows as of the balance sheet date, discounted to a present value using discount factors that match both the time to maturity and currency of the underlying instruments. These standard pricing models utilize inputs that are derived from or corroborated by observable market data such as interest rate yield curves as well as currency spot and forward rates. Changes in the fair value of these contracts are reported as a component of other comprehensive income (loss). Sinclair Performance Warrants Sinclair Performance Warrants are accounted for as a derivative instrument classified as a liability within Level 3 of the hierarchy as the warrants are not traded in active markets and are subject to certain assumptions and estimates made by management related to the probability of meeting performance milestones. These assumptions and the probability of meeting performance targets may have a significant impact on the value of the warrant. The Performance Warrants are valued using an option pricing model, considering the Company’s estimated probabilities of achieving the performance milestones for each tranche. Inputs to this valuation approach include volatility between 40% and 67%, risk free rates between 3.84% and 4.79%, the Company’s common stock price for each period and expected terms between 1.5 and 6.3 years. The fair value is recorded within “Commercial rights liabilities” of the condensed consolidated balance sheets. Contingent Consideration Contingent consideration related to acquisitions is recorded at fair value as a liability on the acquisition date and subsequently remeasured at each reporting date, based on significant inputs not observable in the market, which represents a Level 3 measurement within the fair value hierarchy. The remeasurements are based primarily on the expected probability of achievement of the contingency targets which are subject to management’s estimates. These changes in fair value are recognized within “Other non-operating (expense) income, net” of the condensed consolidated statements of operations. In connection with the acquisitions of SportCaller and Monkey Knife Fight (“MKF”) in the first quarter of 2021, the Company recorded contingent consideration of $58.7 million. During the second quarter of 2023, the Company, in satisfaction of contingencies related to the respective acquisition agreements, settled the remaining contingent consideration of $9.3 million, comprised of 386,926 immediately exercisable penny warrants, 103,656 shares of Bally’s Corporation common stock and a de minimis payment in cash. In connection with the acquisition of Bally’s Golf Links on September 12, 2023, the Company recorded contingent consideration, which was valued at $58.8 million as of September 30, 2024. Refer to Note 6 “ Business Combinations Convertible Loans The Company has certain agreements with vendors to provide a portfolio of games to its customers. Pursuant to these agreements, the Company has issued loans to its vendors and has an option to convert the loans to shares of the vendors’ equity, exercisable within a specified time period. The Company recorded instruments within “Other assets” at their fair value. The fair value of the loans to vendors have share values based on unobservable inputs and are classified within Level 3 of the hierarchy, with changes to fair value included within “Other non-operating (expense) income, net” of the condensed consolidated statements of operations. Investments in Equity Securities The Company has a long-term investment in an unconsolidated entity which it accounts for under the equity method of accounting. The Company has elected the fair value option allowed by ASC 825, Financial Instruments , with respect to this investment. Under the fair value option, the investment is remeasured at fair value at each reporting period through earnings. The Company measures fair value using quoted prices in active markets that are classified within Level 1 of the hierarchy, with changes to fair value included within “Other non-operating (expense) income, net” of the condensed consolidated statements of operations. Investment in GLPI Partnership The Company holds a limited partnership interest in GLP Capital, L.P., the operating partnership of GLPI. The investment is reported at fair value based on Level 2 inputs, with changes to fair value included within “Other non-operating (expense) income, net” of the condensed consolidated statements of operations. Long-Term Debt The fair value of the Company’s Term Loan Facility and senior notes are estimated based on quoted prices in active markets and are classified as Level 1 measurements. The fair value of the Revolving Credit Facility approximates its carrying amount as it is revolving, variable rate debt, and is also classified as a Level 1 measurement. In the table below, the carrying amounts of the Company’s long-term debt are net of debt issuance costs and debt discounts. Refer to Note 14 “ Long-Term Debt September 30, 2024 December 31, 2023 (in thousands) Carrying Amount Fair Value Carrying Amount Fair Value Term Loan Facility $ 1,861,903 $ 1,809,739 $ 1,871,330 $ 1,888,100 5.625% Senior Notes due 2029 737,988 559,687 736,447 596,250 5.875% Senior Notes due 2031 721,047 504,394 719,858 570,544

ACCRUED LIABILITIES

ACCRUED LIABILITIES	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
ACCRUED LIABILTIES	ACCRUED AND OTHER CURRENT LIABILITIES As of September 30, 2024 and December 31, 2023, accrued and other current liabilities consisted of the following: (in thousands) September 30, December 31, Diamond Sports Group non-cash liability (1) $ 202,572 $ 144,883 Gaming liabilities 198,592 177,557 Compensation 74,828 83,112 Interest payable 45,608 66,587 Bally’s Chicago - land development liability — 47,739 Other 190,305 131,841 Total accrued and other current liabilities $ 711,905 $ 651,719 __________________________________ (1) Refer to Note 17 “ Commitments and Contingencies

RESTRUCTURING

RESTRUCTURING	9 Months Ended
	Sep. 30, 2024
Restructuring and Related Activities [Abstract]
ACQUISITION, INTEGRATION AND RESTRUCTURING	RESTRUCTURING EXPENSE On January 18, 2023, the Company announced a restructuring plan of the Interactive business intended to reduce operating costs and continue the Company’s commitment to achieving profitable operations in its North America Interactive segment which included a reduction of the Company’s then current Interactive workforce by up to 15 percent. In furtherance of and as an expansion of the January 2023 restructuring plan, on October 20, 2023, the Company announced further restructuring initiatives targeted at reshaping the technology utilized by its Interactive segments. On January 29, 2024, the Company announced that it will cease its operations at the Tropicana Las Vegas on April 2, 2024 in order to redevelop the site with a state-of-the-art integrated resort and ballpark. As a result of the closure, the Company incurred restructuring charges representing employee-related severance costs and accelerated depreciation of certain property and equipment. The components of restructuring charges by segment for the three and nine months ended September 30, 2024 and 2023 are summarized as follows (in thousands): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Severance and employee related benefits (1) Casinos & Resorts $ 34 $ — $ 20,037 — International Interactive (849) 325 (794) 11,252 North America Interactive (253) 86 (1,732) 7,733 Other — — 410 1,688 Total severance and employee related benefits (1,068) 411 17,921 20,673 Accelerated depreciation expense (2) — — 80,117 — Total restructuring charges $ (1,068) 411 98,038 20,673 __________________________________ (1) Included within “General and administrative” of the condensed consolidated statements of operations. (2) Included within “Depreciation and amortization” of the Casinos & Resorts reportable segment within the condensed consolidated statements of operations. The changes in the Company’s restructuring related liabilities for the nine months ended September 30, 2024 is as follows: (in thousands) Balance as of December 31, 2023 $ 5,291 Charges, net 17,921 Payments (22,370) Effect of foreign exchange (842) Balance as of September 30, 2024 $ — The restructuring liability as of September 30, 2024 and December 31, 2023 is included within “Accrued and other current liabilities” on the condensed consolidated balance sheets.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT As of September 30, 2024 and December 31, 2023, long-term debt consisted of the following: (in thousands) September 30, December 31, Term Loan Facility (1) $ 1,891,513 $ 1,906,100 Revolving Credit Facility 350,000 335,000 5.625% Senior Notes due 2029 750,000 750,000 5.875% Senior Notes due 2031 735,000 735,000 Less: Unamortized original issue discount (20,778) (23,756) Less: Unamortized deferred financing fees (34,797) (39,709) Long-term debt, including current portion 3,670,938 3,662,635 Less: Current portion of Term Loan and Revolving Credit Facility (19,450) (19,450) Long-term debt, net of discount and deferred financing fees, excluding current portion $ 3,651,488 $ 3,643,185 __________________________________ (1) The Company has a series of interest rate derivatives to synthetically convert $1.0 billion notional of the Company’s variable rate Term Loan Facility into fixed rate debt, and a series of cross currency swap derivatives to synthetically convert $500.0 million and $200.0 million notional of the Company’s USD denominated Term Loan Facility into fixed rate EUR and GBP denominated debt, respectively, through its maturity in 2028. Refer to Note 10 “ Derivative Instruments Senior Notes On August 20, 2021, two unrestricted subsidiaries (together, the “Escrow Issuers”) of the Company issued $750.0 million aggregate principal amount of 5.625% senior notes due 2029 (the “2029 Notes”) and $750.0 million aggregate principal amount of 5.875% Senior Notes due 2031 (the “2031 Notes” and, together with the 2029 Notes, the “Senior Notes”). The Senior Notes were issued pursuant to an indenture, dated as of August 20, 2021, among the Escrow Issuers and U.S. Bank National Association, as trustee. Certain of the net proceeds from the Senior Notes offering were placed in escrow accounts for use in connection with the Gamesys acquisition. On October 1, 2021, upon the closing of the Gamesys acquisition, the Company assumed the issuer obligation under the Senior Notes. The Senior Notes are guaranteed, jointly and severally, by each of the Company’s restricted subsidiaries that guarantees the Company’s obligations under its Credit Agreement (as defined below). The 2029 Notes mature on September 1, 2029 and the 2031 Notes mature on September 1, 2031. Interest is payable on the Senior Notes in cash semi-annually on March 1 and September 1 of each year, beginning on March 1, 2022. The Company may redeem some or all of the Senior Notes at any time prior to September 1, 2024, in the case of the 2029 Notes, and September 1, 2026, in the case of the 2031 Notes, at prices equal to 100% of the principal amount of the Senior Notes to be redeemed plus certain “make-whole” premiums, plus accrued and unpaid interest. In addition, prior to September 1, 2024, the Company may redeem up to 40% of the original principal amount of each series of the Senior Notes with proceeds of certain equity offerings at a redemption price equal to 105.625% of the principal amount, in the case of the 2029 Notes, and 105.875%, in the case of the 2031 Notes, plus accrued and unpaid interest. The Company may redeem some or all of the Senior Notes at any time on or after September 1, 2024, in the case of the 2029 Notes, and September 1, 2026, in the case of the 2031 Notes, at certain redemption prices set forth in the indenture plus accrued and unpaid interest. During the nine months ended September 30, 2023, the Company repurchased and retired $15.0 million of the 2031 Notes at a weighted average price of 70.80% of the principal. In connection with the repurchase of these 2031 Notes, the Company recorded a gain on extinguishment of debt of $4.0 million recorded within “Other non-operating (expense) income, net” in the condensed consolidated statements of operations. The indenture contains covenants that limit the ability of the Company and its restricted subsidiaries to, among other things, (1) incur additional indebtedness, (2) pay dividends on or make distributions in respect of capital stock or make certain other restricted payments or investments, (3) enter into certain transactions with affiliates, (4) sell or otherwise dispose of assets, (5) create or incur liens and (6) merge, consolidate or sell all or substantially all of the Company’s assets. These covenants are subject to exceptions and qualifications set forth in the indenture. Credit Facility On October 1, 2021, the Company and certain of its subsidiaries entered into a credit agreement (the “Credit Agreement”) with Deutsche Bank AG New York Branch, as administrative agent and collateral agent, and the other lenders party thereto, providing for senior secured financing of up to $2.565 billion, consisting of a senior secured term loan facility in an aggregate principal amount of $1.945 billion (the “Term Loan Facility”), which will mature in 2028, and a senior secured revolving credit facility in an aggregate principal amount of $620.0 million (the “Revolving Credit Facility”), which will mature in 2026. The credit facilities allow the Company to increase the size of the Term Loan Facility or request one or more incremental term loan facilities or increase commitments under the Revolving Credit Facility or add one or more incremental revolving facilities in an aggregate amount not to exceed the greater of $650 million and 100% of the Company’s consolidated EBITDA for the most recent four-quarter period plus or minus certain amounts as specified in the Credit Agreement, including an unlimited amount subject to compliance with a consolidated total secured net leverage ratio as set out in the Credit Agreement. The credit facilities are guaranteed by the Company’s restricted subsidiaries, subject to certain exceptions, and secured by a first-priority lien on substantially all of the Company’s and each of the guarantors’ assets, subject to certain exceptions. As of June 30, 2023, with the discontinuation of the LIBOR reference rate, borrowings under the credit facilities bear interest at a rate equal to, at the Company’s option, either (1) the term Secured Overnight Financing Rate (“SOFR”), adjusted for certain additional costs and subject to a floor of 0.50% in the case of term loans and 0.00% in the case of revolving loans or (2) a base rate determined by reference to the greatest of (a) the federal funds rate plus 0.50%, (b) the prime rate, (c) the one-month SOFR rate plus 1.00%, (d) solely in the case of term loans, 1.50% and (e) solely in the case of revolving loans, 1.00%, in each case of clauses (1) and (2), plus an applicable margin. In addition, on a quarterly basis, the Company is required to pay each lender under the Revolving Credit Facility a 0.50% or 0.375% commitment fee in respect of commitments under the Revolving Credit Facility, with the applicable commitment fee determined based on the Company’s total net leverage ratio. The credit facilities contain covenants that limit the ability of the Company and its restricted subsidiaries to, among other things, incur additional indebtedness, pay dividends or make certain other restricted payments, sell assets, make certain investments and grant liens. These covenants are subject to exceptions and qualifications set forth in the Credit Agreement. The Revolving Credit Facility contains a financial covenant regarding a maximum first lien net leverage ratio that applies when borrowings under the Revolving Credit Facility exceed 30% of the total revolving commitment. As of September 30, 2024, the Company was in compliance with all such covenants. In an effort to mitigate the interest rate risk associated with the Company’s variable rate credit facilities, the Company utilizes interest rate and cross currency swap derivative instruments. Refer to Note 10 “ Derivative Instruments

LEASES

LEASES	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
LEASES	LEASES Operating Leases The Company is committed under various operating lease agreements for real estate and property used in operations. Certain leases include various renewal options which are included in the lease term when the Company has determined it is reasonably certain of exercising the options. Certain of these leases include percentage rent payments based on property revenues and/or rent escalation provisions determined by increases in the consumer price index (“CPI”). These percentage rent and escalation provisions are treated as variable lease payments and recognized as lease expense in the period in which the obligation for those payments are incurred. Discount rates used to determine the present value of the lease payments are based on the Company’s incremental borrowing rate commensurate with the term of the lease. The Company had total operating lease liabilities of $1.37 billion and $1.20 billion as of September 30, 2024 and December 31, 2023, respectively, and right of use assets of $1.26 billion and $1.16 billion as of September 30, 2024 and December 31, 2023, respectively, which were included in the condensed consolidated balance sheets. GLPI Leases As of September 30, 2024, the Company’s Bally’s Evansville, Bally’s Dover, Bally’s Quad Cities, Bally’s Black Hawk, Bally’s Tiverton and Hard Rock Biloxi properties are leased under the terms of a master lease agreement (the “Master Lease”) with GLPI. All GLPI leases are accounted for as operating leases within the provisions of ASC 842, Leases (“ASC 842”), over the lease term or until a re-assessment event occurs. The Master Lease has an initial term of 15 years and includes four, five-year options to renew and requires combined minimum annual payments of $100.5 million, subject to minimum 1% annual escalation or greater escalation dependent on CPI. The renewal options are not reasonably certain of exercise as of September 30, 2024. On January 3, 2023, the Company completed a transaction with GLP Capital, L.P (“GLP”)., an affiliate of GLPI, related to the land and real estate assets of Bally’s Tiverton and Hard Rock Biloxi for total consideration of $625.4 million. The transaction was structured as a tax-free capital contribution and a substantial portion of the proceeds was used to reduce the Company’s debt. These properties were added to the Master Lease, increasing minimum annual payments by $48.5 million. During the nine months ended September 30, 2023, the Company recorded a gain of $374.3 million representing the difference in the transaction price and the derecognition of assets. This gain is reflected as “Loss (gain) on sale-leaseback, net” in the condensed consolidated statements of operations. In addition to the properties under the Master Lease explained above, the Company leases land associated with Tropicana Las Vegas under a ground lease established with GLPI in 2022. This lease has an initial term of 50 years, with the possibility of extending up to 99 years through renewal options. Annual rent under the lease is $10.5 million, subject to minimum 1% annual escalation or greater escalation dependent on CPI. As of September 30, 2024, the renewal options are not considered reasonably certain to be exercised. During the third quarter, the Company modified the lease and GLPI paid $48.6 million to the Company to fund the demolition of the building at the Tropicana Las Vegas site in exchange for an increase in annual rent of $4.1 million, also subject to a minimum 1% annual increase or greater based on CPI. This lease modification did not change the lease classification. The cash received is treated as a lessor incentive, leading to an adjustment in the Right of Use asset for the total funding amount. Upon modification, the Lease Liability and Right of Use asset were adjusted to reflect the present value of the increased future lease payment. Components of lease expense, included within “General and administrative” in the condensed consolidated statements of operations, for operating leases during the three and nine months ended September 30, 2024 and 2023 are as follows: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Operating leases: Operating lease cost $ 38,847 $ 37,695 $ 113,135 $ 111,470 Variable lease cost 3,216 2,668 8,825 7,503 Operating lease expense 42,063 40,363 121,960 118,973 Short-term lease expense 5,950 3,642 17,438 9,753 Total lease expense $ 48,013 $ 44,005 $ 139,398 $ 128,726 Supplemental cash flow and other information related to operating leases for the three and nine months ended September 30, 2024 and 2023 are as follows: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Cash paid for amounts included in the lease liability - operating cash flows from operating leases $ 33,686 $ 32,552 $ 98,191 $ 97,544 Right of use assets obtained in exchange for operating lease liabilities $ 192,085 $ 1,748 $ 192,716 $ 405,407 Derecognition of financing obligation $ (200,000) $ — $ (200,000) $ — September 30, 2024 December 31, 2023 Weighted average remaining lease term 28.7 years 17.6 years Weighted average discount rate 8.3 % 7.5 % As of September 30, 2024, future minimum lease payments under noncancelable operating leases are as follows: (in thousands) September 30, 2024 Remaining 2024 $ 45,280 2025 163,500 2026 163,310 2027 157,982 2028 160,063 Thereafter 3,476,622 Total lease payments 4,166,757 Less: present value discount (2,798,523) Lease obligations $ 1,368,234 Future minimum lease payments disclosed in the table above include $87.7 million related to extension options that are reasonably certain of being exercised. The table above does not include $6.5 million of payments for leases signed but not yet commenced as of September 30, 2024. Financing Obligation Bally’s Chicago Operating Company, LLC., an indirect wholly-owned subsidiary of the Company, entered into a ground lease for the land on which Bally’s Chicago will be built, which was accounted for as a financing obligation in accordance with ASC 470, Debt, as the transaction did not qualify as a sale under ASC 842. The lease commenced November 18, 2022 and had a 99-year term followed by ten separate 20-year renewals at the Company’s option. The Company recorded land within “Property and equipment, net” of $200.0 million with a corresponding liability within “Long-term portion of financing obligation” of $200.0 million on its condensed consolidated balance sheets as of December 31, 2023. All lease payments were recorded as interest expense and there was no reduction to the financing obligation. Bally’s Chicago made cash payments, and recorded corresponding interest expense of $3.1 million and $4.3 million during the three months ended September 30, 2024 and 2023, respectively, and $12.4 million and $13.0 million during the nine months ended September 30, 2024 and 2023, respectively. In the third quarter of 2024, GLP acquired the real estate underlying the Bally’s Chicago project, for which the Company was subject to the financing obligation, and assumed the existing lease. The lease with GLP was amended in the third quarter, creating a lease modification event whereby the land components previously classified as a financing obligation were reassessed and now classified as an operating lease. This change was due to the transfer of control of the land asset from the Company to the lessor, which permitted sale recognition in accordance with ASC 842. As a result of this reassessment, the Company derecognized $350.0 million from “Property and equipment, net” related to the land asset and $200.0 million from the “Long-term portion of financing obligation” within our Condensed Consolidated Balance Sheets. As a result of the lease modification, a $150.0 million offset in “Loss (gain) on sale-leaseback, net” was recorded within the Condensed Consolidated Statements of Operations for the three and nine months ending September 30, 2024. Pending Lease Transactions On July 11, 2024, the Company entered into a Binding Term Sheet to form a strategic construction and financing arrangement with GLP, an affiliate of GLPI, which includes the funding to complete the construction of Bally’s Chicago’s permanent casino. GLP will amend the existing land lease through a new master lease agreement with Bally’s Chicago Operating Company, LLC (“Chicago MLA”). The Chicago MLA includes annual rent of $20 million, subject to customary escalation provisions. The Chicago MLA also provides up to $940 million in construction financing, subject to conditions and approvals. The Company will pay additional rent under the Chicago MLA based on a 8.5% capitalization rate on funded amounts. The initial lease term for the Chicago MLA is 15 years with renewal options to be agreed upon by the parties. The Company will also sell and lease back from GLP its properties in Kansas City and Shreveport for $395 million, with initial annual rent of $32.2 million, subject to escalation. In addition, the Company plans to sell and lease back its Bally’s Twin River property to GLP by the end of 2026 for $735 million, with initial annual rent of $58.8 million. GLP has the right to call this transaction starting October 2026. All such transactions are subject to required regulatory approvals. Lessor The Company leases its hotel rooms to patrons and records the corresponding lessor revenue in Non-gaming revenue

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
STOCKHOLDERS’ EQUITY	STOCKHOLDERS’ EQUITY Capital Return Program The Company has a Board of Directors approved capital return program under which the Company may expend a total of up to $700 million for share repurchases and payment of dividends. Future share repurchases may be effected in various ways, which could include open-market or private repurchase transactions, accelerated stock repurchase programs, tender offers or other transactions. The amount, timing and terms of any return of capital transaction will be determined based on prevailing market conditions and other factors. There is no fixed time period to complete share repurchases. As of September 30, 2024 and December 31, 2023, $95.5 million was available for use under the capital return program. There was no share repurchase activity during the three and nine months ended September 30, 2024 and the three months ended September 30, 2023. Total share repurchase activity during the nine months ended September 30, 2023 was as follows: (in thousands, except share and per share data) Nine Months Ended Number of common shares repurchased 1,774,845 Total cost $ 30,458 Average cost per share, including commissions $ 17.16 All shares repurchased during the nine months ended September 30, 2023 were transferred to treasury stock and 40,451 and 1,778,916 shares were retired during those same periods, respectively. The shares were returned to the status of authorized but unissued. As of September 30, 2024, there were no shares remaining in treasury. There were no cash dividends paid during the three and nine months ended September 30, 2024 and 2023. Common Stock Offering On April 20, 2021, the Company issued a total of 12,650,000 shares of Bally’s common stock in an underwritten public offering at a price to the public of $55.00 per share. Net proceeds from the offering were approximately $671.4 million, after deducting underwriting discounts, but before expenses. On April 20, 2021, the Company issued to affiliates of Sinclair a warrant to purchase 909,090 common shares for an aggregate purchase price of $50.0 million, or $55.00 per share. The net proceeds were used to finance a portion of the purchase price of the Gamesys acquisition. The exercise price of the warrant is nominal and its exercise is subject to, among other conditions, requisite gaming authority approvals. Sinclair agreed not to acquire more than 4.9% of Bally’s outstanding common shares without such approvals. In addition, in accordance with the agreements that Bally’s and Sinclair entered into in November 2020, Sinclair exchanged 2,086,908 common shares for substantially identical warrants. Preferred Stock The Company has authorized the issuance of up to 10 million shares of $0.01 par value preferred stock. As of September 30, 2024 and December 31, 2023, no shares of preferred stock have been issued. Shares Outstanding As of September 30, 2024, the Company had 40,653,346 common shares issued and outstanding. The Company issued warrants, options and other contingent consideration in acquisitions and strategic partnerships that are expected to result in the issuance of common shares in future periods resulting from the exercise of warrants and options or the achievement of certain performance targets. These incremental shares are summarized below: Sinclair Penny Warrants (Note 2) 7,911,724 Sinclair Performance Warrants (Note 2) 3,279,337 Sinclair Options (1) (Note 2) 1,639,669 MKF penny warrants (Note 11) 44,128 Telescope contingent shares (Note 11) 8,626 Outstanding awards under Equity Incentive Plans 1,594,249 14,477,733 __________________________________ (1) Consists of four equal tranches to purchase shares with exercise prices ranging from $30.00 to $45.00 per share, exercisable over a seven-year period beginning on the fourth anniversary of the November 18, 2020 closing of the Framework Agreement. Accumulated Other Comprehensive Income (Loss) The following tables reflect the changes in accumulated other comprehensive loss by component for the nine months ended September 30, 2024 and 2023, respectively: (in thousands) Foreign Currency Translation Adjustment Benefit Plans Cash Flow Hedges (1) Net Investment Hedges Total Accumulated other comprehensive (loss) income at December 31, 2023 $ (177,203) $ 886 $ (11,246) $ (21,995) $ (209,558) Other comprehensive income (loss) before reclassifications 103,342 — (26,507) (16,153) 60,682 Reclassifications from accumulated other comprehensive income (loss) to earnings — — (9,678) (3,170) (12,848) Tax effect — — 8,805 12,674 21,479 Accumulated other comprehensive (loss) income at September 30, 2024 $ (73,861) $ 886 $ (38,626) $ (28,644) $ (140,245) __________________________________ (1) As of September 30, 2024, approximately $6.8 million of existing gains and losses are estimated to be reclassified into earnings within the next 12 months. (in thousands) Foreign Currency Translation Adjustment Benefit Plans Cash Flow Hedges Net Investment Hedges Total Accumulated other comprehensive (loss) income at December 31, 2022 $ (295,984) $ 344 $ — $ — $ (295,640) Other comprehensive income (loss) before reclassifications 1,532 — 3,970 675 6,177 Reclassifications from accumulated other comprehensive income (loss) to earnings — — (443) (388) (831) Tax effect — — (934) (76) (1,010) Accumulated other comprehensive (loss) income at September 30, 2023 $ (294,452) $ 344 $ 2,593 $ 211 $ (291,304)

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Litigation Diamond commenced reorganization proceedings under Chapter 11 of the Bankruptcy Code in March 2023. In July 2023, Diamond commenced litigation against Sinclair, Bally’s and others as part of its bankruptcy proceedings, challenging a series of transactions between Sinclair and Diamond. One of the 19 counts in the complaint includes Bally’s as a defendant, alleging that the Commercial Agreement with Sinclair involved fraudulent transfers and unlawful distributions. In the first quarter of 2024, Diamond agreed to settle these claims against all defendants, including Bally’s. Under the settlement terms, Diamond would receive payments from Sinclair and would reject the Commercial Agreement. Bally’s would continue to have naming rights on Diamond’s RSNs through the 2024 major league baseball season at no cost to either party (unless Diamond agrees with a new counterparty that will pay for such naming rights). Bally’s, in turn, would receive a release of all claims Diamond may have against it. Bally’s obligation to pay Diamond for the naming rights terminated upon the bankruptcy court’s approval of the settlement terms, which the court approved on March 1, 2024, and the Company derecognized the rights fees liability against the non-cash liability established at December 31, 2023. Bally’s has recorded a $202.6 million non-cash liability to reflect the effect of the termination of naming rights on its remaining commercial rights intangible asset originally recorded at the time that the arrangement was agreed, which will occur in the fourth quarter of 2024. The Company is a party to other various legal and administrative proceedings which have arisen in the ordinary course of its business. Estimated losses are accrued for these proceedings when the loss is probable and can be estimated. The current liability for the estimated losses associated with these proceedings is not material to the Company’s consolidated financial condition and those estimated losses are not expected to have a material impact on results of operations. Although the Company maintains what it believes is adequate insurance coverage to mitigate the risk of loss pertaining to covered matters, legal and administrative proceedings can be costly, time-consuming and unpredictable. Although no assurance can be given, the Company does not believe that the final outcome of these matters, including costs to defend itself in such matters, will have a material adverse effect on the company’s condensed consolidated financial statements. Further, no assurance can be given that the amount or scope of existing insurance coverage will be sufficient to cover losses arising from such matters. Capital Expenditure Commitments Bally’s Atlantic City - As part of the regulatory approval process with the State of New Jersey, the Company committed to spend $100 million in capital expenditures over a five year period to invest in and improve the property. The commitment calls for expenditures of no less than $85 million in aggregate by 2023. The remaining $15 million of committed capital must be spent over 2024 and 2025. From 2021 through 2025, no less than $35 million must be invested in the hotel and no less than $65 million must be invested in non-hotel projects. As of September 30, 2024, all investment requirements had been met and no commitment to invest in non-hotel projects remains. Bally’s Twin River - Pursuant to the terms of the Regulatory Agreement in Rhode Island, the Company is committed to invest $100 million in its Rhode Island properties over the term of the master contract through June 30, 2043, including an expansion and the addition of new amenities at Bally’s Twin River. As of September 30, 2024, approximately $48.2 million of the commitment remains. Bally’s Chicago - Pursuant to the Host Community Agreement with the City of Chicago, the Company’s indirect subsidiary is required to spend at least $1.34 billion on the design, construction and outfitting of the temporary casino and the permanent resort and casino. The actual cost of the development may exceed this minimum capital investment requirement. In addition, land acquisition costs and financing costs, among other types of costs, are not counted toward meeting this requirement. City of Chicago Guaranty In connection with the Host Community Agreement, entered into by Bally’s Chicago Operating Company, LLC (the “Developer”), a wholly-owned indirect subsidiary of the Company, the Company provided the City of Chicago with a performance guaranty whereby the Company agreed to have and maintain available financial resources in an amount reasonably sufficient to allow the Developer to complete its obligations under the host community agreement. In addition, upon notice from the City of Chicago that the Developer has failed to perform various obligations under the host community agreement, the Company has agreed to indemnify the City of Chicago against any and all liability, claim or reasonable and documented expense the City of Chicago may suffer or incur by reason of any nonperformance of any of the Developer’s obligations. Bally’s Chicago Casino Fees Under the Illinois Gambling Act, the Company will be responsible to pay the Illinois Gaming Board a reconciliation fee payment three years after the date operations commenced (in a temporary or permanent facility) in an amount equal to 75% of the adjusted gross receipt (“AGR”) for the most lucrative 12-month period of operations, minus the amount equal to the initial payment per gaming position paid. Sponsorship Commitments As of September 30, 2024, the Company has entered into multiple sponsorship agreements with various professional sports leagues and teams. These agreements commit a total of $129.8 million through 2037 and grant the Company rights to use official league marks for branding and promotions, among other benefits. Interactive Technology Commitments The Company has certain multi-year agreements with its various market access and content providers, as well as its online sports betting platform partners, that require the Company to pay variable fees based on revenue, with minimum annual guarantees. As of September 30, 2024, the cumulative minimum obligation committed in these agreements is approximately $54.7 million through 2029.

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
SEGMENT REPORTING	The Company has three operating and reportable segments: Casinos & Resorts, International Interactive and North America Interactive. The “Other” category includes interest expense for the Company and certain unallocated corporate operating expenses and other adjustments, including eliminations of transactions among segments to reconcile to the Company’s consolidated results including, among other expenses, share-based compensation, acquisition and other transaction costs and certain non-recurring charges. The Company’s three reportable segments as of September 30, 2024 are: Casinos & Resorts - Includes the Company’s 15 casino and resort properties, one horse racetrack and one golf course. International Interactive - Gamesys’ European and Asian operations. North America Interactive - A portfolio of sports betting, iGaming, and free-to-play gaming brands, and the North American operations of Gamesys. As of September 30, 2024, the Company’s operations were predominately in the US, Europe and Asia with a less substantive footprint in other countries world-wide. For geographical reporting purposes, revenue generated outside of the US has been aggregated into the International Interactive reporting segment, and consists primarily of revenue from the UK and Japan. Revenue generated from the UK and Japan represented approximately 28% and 6% of total revenue, respectively, for the three months ended September 30, 2024, approximately 25% and 11%, respectively, for the three months ended September 30, 2023, approximately 27% and 8%, respectively, for the nine months ended September 30, 2024, and approximately 25% and 11%, respectively, for the nine months ended September 30, 2023. The Company does not have any revenues from any individual customers that exceed 10% of total reported revenues. Beginning in the third quarter of 2023, the Company updated its measure of segment performance to Adjusted EBITDAR (defined below) from Adjusted EBITDA. The prior year results presented below were reclassified to conform to the new segment presentation. Management believes segment Adjusted EBITDAR is representative of its ongoing business operations including its ability to service debt and to fund capital expenditures, acquisitions and operations, in addition to it being a commonly used measure of performance in the gaming industry and used by industry analysts to evaluate operations and operating performance. The following table sets forth revenue and Adjusted EBITDAR for the Company’s three reportable segments and reconciles Adjusted EBITDAR on a consolidated basis to net (loss) income. The Other category is included in the following tables in order to reconcile the segment information to the Company’s condensed consolidated financial statements. Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Revenue Casinos & Resorts $ 353,358 $ 359,026 $ 1,038,738 $ 1,020,974 International Interactive 230,937 243,884 695,016 737,230 North America Interactive 45,679 29,567 136,359 79,199 Total $ 629,974 $ 632,477 $ 1,870,113 $ 1,837,403 Adjusted EBITDAR (1) Casinos & Resorts $ 100,442 $ 118,184 $ 289,661 $ 334,312 International Interactive 90,030 85,477 254,854 250,352 North America Interactive (10,976) (17,561) (27,891) (45,809) Other (13,163) (12,883) (40,377) (46,687) Total 166,333 173,217 476,247 492,168 Operating (expense) income Rent expense associated with triple net operating leases (2) (28,602) (31,594) (88,575) (94,152) Depreciation and amortization (77,800) (77,487) (316,328) (231,235) Transaction costs (19,788) (20,953) (39,123) (59,405) Restructuring 1,068 (411) (17,921) (20,673) Tropicana Las Vegas demolition costs (19,643) — (31,904) — Share-based compensation (4,099) (6,257) (11,629) (18,587) (Loss) gain on sale-leaseback, net (150,000) — (150,000) 374,321 Impairment charges — — (12,757) (9,653) Merger Agreement costs (3) (9,802) — (11,791) — Payment Service Provider write-off (4) (6,333) — (6,333) — Other (8,989) 721 (15,923) (12,834) Income (loss) from operations (157,655) 37,236 (226,037) 419,950 Other (expense) income Interest expense, net of interest income (73,975) (70,630) (221,306) (200,987) Other (49,854) 15,528 (38,370) 24,949 Total other expense, net (123,829) (55,102) (259,676) (176,038) (Loss) income before income taxes (281,484) (17,866) (485,713) 243,912 (Benefit) provision for income taxes 33,629 (43,936) 3,748 (153,029) Net (loss) income $ (247,855) $ (61,802) $ (481,965) $ 90,883 __________________________________ (1) Adjusted EBITDAR is defined as earnings, or loss, for the Company before interest expense, net of interest income, provision (benefit) for income taxes, depreciation and amortization, non-operating (income) expense, acquisition, integration and restructuring expense, share-based compensation, and certain other gains or losses as well as, when presented for our reporting segments, an adjustment related to the allocation of corporate cost among segments, plus rent expense associated with triple net operating leases. Adjusted EBITDAR should not be construed as an alternative to GAAP net income, its most directly comparable GAAP measure, nor is it directly comparable to similarly titled measures presented by other companies. (2) Consists primarily of the operating lease components contained within certain triple net leases with GLPI. Refer to Note 15 “ Leases (3) Costs incurred in connection with the Merger Agreement discussed in Note 1 “General Information.” (4) In the third quarter, the Company recorded a $6.3 million charge to reduce amounts due from payment service providers (“PSP”) due to a circumstance whereby the payment processer for certain online sports wagering deposits failed to capture and settle funds with patrons of the Company. The Company was not able to recover the full amount due from the payment service provider, resulting in a write down to the recoverable amount. In addition to amounts recovered, the Company received $5.1 million from the PSP as a signing bonus for entering into an extension agreement. Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Capital Expenditures Casinos & Resorts $ 20,768 $ 40,206 $ 44,973 $ 99,908 International Interactive 86 457 444 2,114 North America Interactive 886 79 1,575 1,637 Other (1) 70,576 105,943 108,765 162,572 Total $ 92,316 $ 146,685 $ 155,757 $ 266,231 __________________________________ (1) Includes $70.3 million and $108.3 million related to our future Bally’s Chicago permanent facility during the three and nine months ended September 30, 2024, respectively. Total assets are not regularly reviewed for each operating segment when assessing segment performance or allocating resources and accordingly, are not presented. As of September 30, 2024 and December 31, 2023, carrying values of goodwill by reportable segment are as follows: (in thousands) September 30, 2024 December 31, 2023 Goodwill Casinos & Resorts (1) $ 313,285 $ 313,493 International Interactive 1,644,774 1,586,590 North America Interactive (2) 35,750 35,720 Total (3) $ 1,993,809 $ 1,935,803 __________________________________ (1) Net of accumulated goodwill impairment charges of $5.4 million. (2) Net of accumulated goodwill impairment charges of $140.4 million (3) The effect of foreign exchange on the change in total goodwill from December 31, 2023 was $58.2 million .

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	Diluted earnings per share includes the determinants of basic earnings per share and, in addition, reflects the dilutive effect of the common stock deliverable for stock options, using the treasury stock method, and for RSUs, RSAs and PSUs for which future service is required as a condition to the delivery of the underlying common stock. Three Months Ended Nine Months Ended (in thousands, except per share data) 2024 2023 2024 2023 Net (loss) income applicable to common stockholders $ (247,855) $ (61,802) $ (481,965) $ 90,883 Weighted average common shares outstanding, basic 48,596 53,580 48,405 53,961 Weighted average effect of dilutive securities — — — 315 Weighted average common shares outstanding, diluted 48,596 53,580 48,405 54,276 Basic (loss) earnings per share $ (5.10) $ (1.15) $ (9.96) $ 1.68 Diluted (loss) earnings per share $ (5.10) $ (1.15) $ (9.96) $ 1.67 There were 4,927,900 and 5,152,994 share-based awards that were considered anti-dilutive for the three months ended September 30, 2024 and 2023, respectively, and 5,108,453 and 5,235,978 share-based awards that were considered anti-dilutive for the nine months ended September 30, 2024 and 2023, respectively. On November 18, 2020, the Company issued Penny Warrants, Performance Warrants and Options which participate in dividends with the Company’s common stock subject to certain contingencies. In the period in which the contingencies are met, those instruments are participating securities to which income will be allocated using the two-class method. The Performance Warrants and Options do not participate in net losses. The Penny Warrants were considered exercisable for little to no consideration and are therefore included in basic shares outstanding at their issuance date. For the three and nine months ended September 30, 2024 and 2023, the shares underlying the Performance Warrants were anti-dilutive as certain contingencies were not met. Refer to Note 2 “ Summary of Significant Accounting Policies

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On October 31, 2024, the Company entered into an agreement to carve-out components of its interactive business in Asia and certain other international markets in its International Interactive reportable segment (the “Carved-Out Business”) to a company (the “Buyer”) formed by members of the management of the Carved-Out Business. The Buyer is acquiring the net-assets, predominantly working capital, of the Carved-Out Business, in exchange for a seven-year term note in the principal amount of €30 million, subject to applicable interest. Certain intellectual property used in the Carved-Out Business has been placed in trust, with royalty licensing fees paid to the trust by the Buyer for a term of five years (subject to extension). All royalty licensing fees, net of trustee administrative expenses, are paid to the Company by the trust and are expected to be reported by the Company as licensing revenues. The Company will also provide the Carved-Out Business with certain transition services. In connection with the separation transaction, the Company will acquire penny warrants that represent a 19.9% fully-diluted interest in the Buyer, which is expected to result in the deconsolidation of the Carved-Out Business. Bally’s will have no role in the management or operational governance of the Carved-Out Business.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (247,855)	$ (60,196)	$ (173,914)	$ (61,802)	$ (25,651)	$ 178,336	$ (481,965)	$ 90,883

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash
Deferred Charges, Policy	Deferred Payables In order to execute on its strategy of improving working capital efficiency, the Company will, from time to time, participate in trade finance or deferred payable initiatives, including programs that may securitize or accelerate liquidity realized from receivables, or alternatively extend trade terms with certain suppliers or vendors. In certain cases, where the Company is not able to extend payment terms directly with suppliers or vendors, the Company will consider deferred payable solutions that simulate such trade term extensions. These solutions generally involve entering into exchange agreements with intermediary institutions who will make payment to the supplier or vendor within the original terms on behalf of the Company, in exchange for a new bill with terms that conforms to the Company’s payment policy of net 90 days. The Company will then pay the new bill to the intermediary institutions, inclusive of any embedded premium, which the Company records as “Interest expense, net,” within three months or less.
Consolidation, Variable Interest Entity, Policy	Variable Interest Entities The Company evaluates entities for which control is achieved through means other than voting rights to determine if it is the primary beneficiary of a VIE. An entity is a VIE if it has any of the following characteristics (i) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support (ii) equity holders, as a group, lack the characteristics of a controlling financial interest or (iii) the entity is structured with non-substantive voting rights. The primary beneficiary of the VIE is generally the entity that has (a) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and (b) the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The Company consolidates its investment in a VIE when it determines that it is its primary beneficiary. In determining whether it is the primary beneficiary of the VIE, the Company considers qualitative and quantitative factors, including, but not limited to: which activities most significantly impact the VIE’s economic performance and which party controls such activities and significance of the Company’s investment and other means of participation in the VIE’s expected profits/losses. Significant judgments related to these determinations include estimates about the current and future fair values and performance of assets held by these VIEs and general market conditions.
Equity Method Investments, Policy	Equity Method Investments On January 1, 2023, the Company and International Game Technology PLC (“IGT”) contributed certain tangible assets and leases to Rhode Island VLT Company, LLC (the “RI Joint Venture”) in exchange for equity interests of the RI Joint Venture. The Company contributed video lottery terminals (“VLTs”) and player tracking equipment to the joint venture for a 40% equity interest of the RI Joint Venture. The 40% ownership in the joint venture qualifies for equity method accounting. In addition to this joint venture, the Company also has other investments in unconsolidated subsidiaries, which are accounted for using equity method accounting. The Company records its share of net income or loss within “Other non-operating (expense) income, net” in the condensed consolidated statements of operations. For the three months ended September 30, 2024 and 2023, the Company recorded (loss) income from equity method investments of $(1.1) million and $2.3 million, respectively, and for the nine months ended September 30, 2024 and 2023, the Company recorded (loss) income from equity method investments of $(0.3) million and $5.3 million, respectively.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of Accounts Receivable	Accounts receivable, net consists of the following: September 30, December 31, (in thousands) 2024 2023 Amounts due from Rhode Island and Delaware (1) $ 14,177 $ 13,028 Gaming receivables 20,810 26,127 Non-gaming receivables 32,263 37,221 Accounts receivable 67,250 76,376 Less: Allowance for credit losses (6,277) (6,048) Accounts receivable, net $ 60,973 $ 70,328 __________________________________ (1) Represents the Company’s share of VLT and table games revenue for Bally’s Twin River and Bally’s Tiverton due from the State of Rhode Island and for Bally’s Dover from the State of Delaware.

CONSOLIDATED FINANCIAL INFORM_2

CONSOLIDATED FINANCIAL INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule Of General And Administrative Expense	Amounts included in General and administrative for the three and nine months ended September 30, 2024 and 2023 were as follows: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Advertising, general and administrative $ 267,342 $ 210,576 $ 725,754 $ 655,341 Acquisition and integration 7,319 19,595 18,016 46,480 Restructuring charges, net (1,068) 411 17,921 20,673 Impairment charges (1) — — 12,757 9,653 Total general and administrative $ 273,593 $ 230,582 $ 774,448 $ 732,147 __________________________________ (1) Includes impairment charges on long-lived assets within the International Interactive segment in the second quarter of 2024 and impairment charges related to assets held-for-sale within the North America Interactive segment in 2023.
Schedule of Other Nonoperating Expense	Amounts included in Other non-operating (expense) income, net for the three and nine months ended September 30, 2024 and 2023 were as follows: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Change in value of commercial rights liabilities $ (16,932) $ 4,676 $ (10,615) $ 11,967 Net (loss) income from equity method investments (1,073) 2,254 (284) 5,344 Gain on extinguishment of debt — — — 4,044 Foreign exchange (loss) gain (30,246) 8,459 (26,447) 2,512 Other, net (1,603) 139 (1,024) 1,082 Total other non-operating (expense) income, net $ (49,854) $ 15,528 $ (38,370) $ 24,949

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Net Revenue	The estimated retail value related to goods and services provided to customers without charge or upon redemption under the Company’s player loyalty programs included in departmental revenues, and therefore reducing gaming revenues, are as follows for the three and nine months ended September 30, 2024 and 2023: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Hotel $ 22,697 $ 26,367 $ 63,603 $ 72,925 Food and beverage 21,467 21,604 61,982 60,901 Retail, entertainment and other 2,517 3,185 7,387 8,196 $ 46,681 $ 51,156 $ 132,972 $ 142,022 The following tables provide a disaggregation of revenue by segment (in thousands): Three Months Ended September 30, 2024 Casinos & Resorts International Interactive North America Interactive Total Gaming $ 256,234 $ 228,693 $ 38,979 $ 523,906 Non-gaming: Hotel 41,672 — — 41,672 Food and beverage 35,403 — — 35,403 Retail, entertainment and other 20,049 2,244 6,700 28,993 Total non-gaming revenue 97,124 2,244 6,700 106,068 Total revenue $ 353,358 $ 230,937 $ 45,679 $ 629,974 Three Months Ended September 30, 2023 Gaming $ 245,687 $ 240,577 $ 22,631 $ 508,895 Non-gaming: Hotel 56,728 — — 56,728 Food and beverage 39,438 — — 39,438 Retail, entertainment and other 17,173 3,307 6,936 27,416 Total non-gaming revenue 113,339 3,307 6,936 123,582 Total revenue $ 359,026 $ 243,884 $ 29,567 $ 632,477 Nine Months Ended September 30, 2024 Gaming $ 762,197 $ 687,109 $ 115,408 $ 1,564,714 Non-gaming: Hotel 118,026 — — 118,026 Food and beverage 103,478 — — 103,478 Retail, entertainment and other 55,037 7,907 20,951 83,895 Total non-gaming revenue 276,541 7,907 20,951 305,399 Total revenue $ 1,038,738 $ 695,016 $ 136,359 $ 1,870,113 Nine Months Ended September 30, 2023 Gaming $ 709,812 $ 720,925 $ 58,349 $ 1,489,086 Non-gaming: Hotel 155,451 — — 155,451 Food and beverage 108,270 — — 108,270 Retail, entertainment and other 47,441 16,305 20,850 84,596 Total non-gaming revenue 311,162 16,305 20,850 348,317 Total revenue $ 1,020,974 $ 737,230 $ 79,199 $ 1,837,403
Contracts with Customers, Contract Liabilities	Liabilities related to contracts with customers as of September 30, 2024 and December 31, 2023 were as follows: September 30, December 31, (in thousands) 2024 2023 Unpaid wagers $ 33,815 $ 20,481 Advanced deposits from customers 30,640 29,052 Loyalty programs 12,726 16,803 Total $ 77,181 $ 66,336

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the consideration paid and the fair values of the assets acquired and liabilities assumed in connection with the Casinos & Resorts acquisition as of September 30, 2024: Bally’s Golf Links (in thousands) Final (2) Total current assets $ 1,108 Property and equipment, net 505 Intangible assets, net (1) 6,500 Other assets 2,000 Goodwill 103,824 Total current liabilities (345) Total purchase price $ 113,592 __________________________________ (1) Bally’s Golf Links’ intangible assets include a concessionaire license of $6.5 million, which is being amortized over its estimated useful life of approximately 12 years. (2) The Company recorded adjustments to the preliminary purchase price allocation during the nine months ended September 30, 2024 which decreased Goodwill and the total purchase price by $0.2 million. The following table summarizes the consideration paid and the fair values of the assets acquired and liabilities assumed in connection with the International Interactive acquisition: (in thousands) Casino Secret Final (2) Total current assets $ 8,862 Property and equipment, net 50 Intangible assets, net (1) 29,471 Goodwill 18,422 Total current liabilities (6,371) Total purchase price $ 50,434 __________________________________ (1) Casino Secret intangible assets include player relationships and trade names of $26.0 million and $3.5 million, respectively, which are both being amortized on a straight-line basis over their estimated useful lives of approximately 7 years. (2) The Company did not record adjustments to the preliminary purchase price allocation during the nine months ended September 30, 2024.

PREPAID EXPENSES AND OTHER AS_2

PREPAID EXPENSES AND OTHER ASSETS (Tables)	9 Months Ended
	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Assets	As of September 30, 2024 and December 31, 2023, prepaid expenses and other current assets was comprised of the following: September 30, December 31, (in thousands) 2024 2023 Services and license agreements $ 44,145 $ 32,466 Gaming taxes and licenses 14,216 9,309 Prepaid marketing 12,306 8,685 Purse funds 9,416 6,404 Sales tax 6,375 7,565 Due from payment service providers 6,069 12,662 Short term derivative assets 5,161 9,530 Prepaid insurance 2,009 12,181 Other 7,544 9,294 Total prepaid expenses and other current assets $ 107,241 $ 108,096

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment	As of September 30, 2024 and December 31, 2023, property and equipment was comprised of the following: September 30, December 31, (in thousands) 2024 2023 Land and improvements $ 53,937 $ 401,208 Building and improvements 689,151 673,071 Equipment 289,405 264,398 Furniture and fixtures 69,808 68,746 Construction in process 134,102 73,810 Total property, plant and equipment 1,236,403 1,481,233 Less: Accumulated depreciation (440,912) (306,345) Property and equipment, net $ 795,491 $ 1,174,888

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The change in intangible assets, net for the nine months ended September 30, 2024 is as follows (in thousands): Intangible assets, net as of December 31, 2023 $ 1,871,428 Effect of foreign exchange 28,200 Internally developed software 36,283 Other intangibles acquired 2,127 Less: Amortization of intangible assets (177,777) Intangible assets, net as of September 30, 2024 $ 1,760,261 The Company’s identifiable intangible assets consist of the following: September 30, 2024 (in thousands) Gross Carrying Amount Accumulated Net Amortizable intangible assets: Commercial rights - Sinclair (1) $ 315,847 $ (113,275) $ 202,572 Trade names 38,047 (20,938) 17,109 Hard Rock license 8,000 (2,485) 5,515 Customer relationships 1,005,459 (432,885) 572,574 Developed technology 277,147 (118,756) 158,391 Internally developed software 98,864 (22,884) 75,980 Gaming licenses 46,771 (17,983) 28,788 Other 11,591 (4,904) 6,687 Total amortizable intangible assets 1,801,726 (734,110) 1,067,616 Intangible assets not subject to amortization: Gaming licenses 586,971 — 586,971 Trade names 104,341 — 104,341 Other 1,333 — 1,333 Total unamortizable intangible assets 692,645 — 692,645 Total intangible assets, net $ 2,494,371 $ (734,110) $ 1,760,261 __________________________________ (1) Commercial rights intangible asset in connection with the Framework Agreement. Refer to Note 2 “ Summary of Significant Accounting Policies December 31, 2023 (in thousands) Gross Carrying Amount Accumulated Net Amortizable intangible assets: Commercial rights - Sinclair (2) $ 315,847 $ (89,901) $ 225,946 Trade names 37,042 (18,125) 18,917 Hard Rock license 8,000 (2,303) 5,697 Customer relationships 974,286 (314,053) 660,233 Developed technology 267,927 (86,119) 181,808 Internally developed software 61,687 (13,091) 48,596 Gaming licenses 45,008 (11,964) 33,044 Other 11,505 (3,621) 7,884 Total amortizable intangible assets 1,721,302 (539,177) 1,182,125 Intangible assets not subject to amortization: Gaming licenses 586,971 — 586,971 Trade names 100,544 — 100,544 Other 1,788 — 1,788 Total unamortizable intangible assets 689,303 — 689,303 Total intangible assets, net $ 2,410,605 $ (539,177) $ 1,871,428 __________________________________ (2) See note (1) above. Amortization of intangible assets was approximately $58.5 million and $57.3 million for the three months ended September 30, 2024 and 2023, respectively, and $177.8 million and $173.4 million for the nine months ended September 30, 2024 and 2023, respectively. The following table reflects the remaining amortization expense associated with the finite-lived intangible assets as of September 30, 2024: (in thousands) Remaining 2024 $ 61,246 2025 243,082 2026 241,276 2027 240,385 2028 186,318 Thereafter 95,309 Total $ 1,067,616
Schedule of Indefinite-Lived Intangible Assets	The Company’s identifiable intangible assets consist of the following: September 30, 2024 (in thousands) Gross Carrying Amount Accumulated Net Amortizable intangible assets: Commercial rights - Sinclair (1) $ 315,847 $ (113,275) $ 202,572 Trade names 38,047 (20,938) 17,109 Hard Rock license 8,000 (2,485) 5,515 Customer relationships 1,005,459 (432,885) 572,574 Developed technology 277,147 (118,756) 158,391 Internally developed software 98,864 (22,884) 75,980 Gaming licenses 46,771 (17,983) 28,788 Other 11,591 (4,904) 6,687 Total amortizable intangible assets 1,801,726 (734,110) 1,067,616 Intangible assets not subject to amortization: Gaming licenses 586,971 — 586,971 Trade names 104,341 — 104,341 Other 1,333 — 1,333 Total unamortizable intangible assets 692,645 — 692,645 Total intangible assets, net $ 2,494,371 $ (734,110) $ 1,760,261 __________________________________ (1) Commercial rights intangible asset in connection with the Framework Agreement. Refer to Note 2 “ Summary of Significant Accounting Policies December 31, 2023 (in thousands) Gross Carrying Amount Accumulated Net Amortizable intangible assets: Commercial rights - Sinclair (2) $ 315,847 $ (89,901) $ 225,946 Trade names 37,042 (18,125) 18,917 Hard Rock license 8,000 (2,303) 5,697 Customer relationships 974,286 (314,053) 660,233 Developed technology 267,927 (86,119) 181,808 Internally developed software 61,687 (13,091) 48,596 Gaming licenses 45,008 (11,964) 33,044 Other 11,505 (3,621) 7,884 Total amortizable intangible assets 1,721,302 (539,177) 1,182,125 Intangible assets not subject to amortization: Gaming licenses 586,971 — 586,971 Trade names 100,544 — 100,544 Other 1,788 — 1,788 Total unamortizable intangible assets 689,303 — 689,303 Total intangible assets, net $ 2,410,605 $ (539,177) $ 1,871,428 __________________________________ (2) See note (1) above.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The following table reflects the remaining amortization expense associated with the finite-lived intangible assets as of September 30, 2024: (in thousands) Remaining 2024 $ 61,246 2025 243,082 2026 241,276 2027 240,385 2028 186,318 Thereafter 95,309 Total $ 1,067,616

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following tables summarize the Company’s net investment hedges as of September 30, 2024 and December 31, 2023 (in thousands): Net Investment Hedges Notional Sold Notional Purchased Cross currency swaps € 461,595 £ 387,531 Cross currency swaps £ 546,759 $ 700,000 The following table summarizes the Company’s cash flow hedges as of September 30, 2024 and December 31, 2023 (in thousands): September 30, 2024 December 31, 2023 Cash Flow Hedges Index Notional Amount Cap Floor Notional Amount Cap Floor (1) Interest rate contracts - swaps US - SOFR $ 1,500,000 — — $ 500,000 — — Interest rate contracts - collars US - SOFR $ — — — $ 500,000 4.25% 3.22% __________________________________ (1) Weighted average rate.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The following tables summarize the Company’s assets and liabilities measured at fair value on a recurring basis. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: September 30, 2024 (in thousands) Balance Sheet Location Level 1 Level 2 Level 3 Assets: Cash and cash equivalents Cash and cash equivalents $ 190,975 $ — $ — Restricted cash Restricted cash 89,564 — — Convertible loans Other assets — — 4,321 Investments in equity securities Other assets 2,440 — — Investment in GLPI partnership Other assets — 14,748 — Derivative assets designated as hedging instruments: Interest rate contracts Prepaid expenses and other current assets — 95 — Interest rate contracts Other assets — — — Cross currency swaps Prepaid expenses and other current assets — 5,066 — Cross currency swaps Other assets — 3,906 — Total derivative assets at fair value — 9,067 — Total assets $ 282,979 $ 23,815 $ 4,321 Liabilities: Contingent consideration Other long-term liabilities $ — $ — $ 58,844 Derivative liabilities not designated as hedging instruments: Sinclair Performance Warrants Commercial rights liabilities — — 55,318 Derivative liabilities designated as hedging instruments: Interest rate contracts Accrued and other current liabilities — 3,570 — Interest rate contracts Other long-term liabilities — 52,452 — Cross currency swaps Accrued and other current liabilities — 4,005 — Cross currency swaps Other long-term liabilities — 44,429 — Total derivative liabilities at fair value — 104,456 55,318 Total liabilities $ — $ 104,456 $ 114,162 December 31, 2023 (in thousands) Balance Sheet Location Level 1 Level 2 Level 3 Assets: Cash and cash equivalents Cash and cash equivalents $ 163,194 $ — $ — Restricted cash Restricted cash 152,068 — — Convertible loans Other assets — — 4,115 Investments in equity securities Other assets 3,409 — — Investment in GLPI partnership Other assets — 14,146 — Derivative assets designated as hedging instruments: Interest rate contracts Prepaid expenses and other current assets — 5,356 — Cross currency swaps Prepaid expenses and other current assets — 4,174 — Cross currency swaps Other assets — 6,477 — Total derivative assets at fair value — 16,007 — Total assets $ 318,671 $ 30,153 $ 4,115 Liabilities: Contingent consideration Other long-term liabilities $ — $ — $ 58,580 Derivatives not designated as hedging instruments Sinclair Performance Warrants Commercial rights liabilities — — 44,703 Derivative liabilities designated as hedging instruments: Interest rate contracts Other long-term liabilities — 21,492 — Cross currency swaps Accrued and other current liabilities — 1,225 — Cross currency swaps Other long-term liabilities — 29,376 — Total derivative liabilities at fair value — 52,093 44,703 Total liabilities $ — $ 52,093 $ 103,283
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following tables summarize the changes in fair value of the Company’s Level 3 assets and liabilities: (in thousands) Sinclair Performance Warrants Contingent Consideration Convertible Loans Beginning as of December 31, 2023 $ 44,703 $ 58,580 $ 4,115 Change in fair value — (1,835) (33) Ending as of March 31, 2024 $ 44,703 $ 56,745 $ 4,082 Change in fair value (6,317) 1,040 4 Ending as of June 30, 2024 $ 38,386 $ 57,785 $ 4,086 Change in fair value 16,932 1,059 235 Ending as of September 30, 2024 $ 55,318 $ 58,844 $ 4,321 (in thousands) Sinclair Performance Warrants Contingent Consideration Convertible Loans Beginning as of December 31, 2022 $ 36,987 $ 8,220 $ 10,212 Additions in the period (acquisition fair value) — — 500 Change in fair value 267 1,241 126 Ending as of March 31, 2023 $ 37,254 $ 9,461 $ 10,838 Additions in the period (acquisition fair value) — — 500 Reductions in the period — (9,292) — Change in fair value (7,558) (169) 136 Ending as of June 30, 2023 $ 29,696 $ — $ 11,474 Additions in the period (acquisition fair value) — 58,580 500 Change in fair value (4,676) — (1,289) Ending as of September 30, 2023 $ 25,020 $ 58,580 $ 10,685
Derivative Instruments, Gain (Loss)	The gains (losses) recognized in the condensed consolidated statements of operations for derivative instruments during the three and nine months ended September 30, 2024 and 2023 are as follows: Condensed Consolidated Statements of Operations Location Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Derivatives not designated as hedging instruments Sinclair Performance Warrants Other non-operating (expense) income, net $ (16,932) $ 4,676 $ (10,615) $ 11,967 Derivatives designated as hedging instruments Interest rate contracts Interest expense, net $ (3,983) $ (443) $ (9,678) $ (443) Cross currency swaps Interest expense, net (634) (388) (3,170) (388)
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	In the table below, the carrying amounts of the Company’s long-term debt are net of debt issuance costs and debt discounts. Refer to Note 14 “ Long-Term Debt September 30, 2024 December 31, 2023 (in thousands) Carrying Amount Fair Value Carrying Amount Fair Value Term Loan Facility $ 1,861,903 $ 1,809,739 $ 1,871,330 $ 1,888,100 5.625% Senior Notes due 2029 737,988 559,687 736,447 596,250 5.875% Senior Notes due 2031 721,047 504,394 719,858 570,544

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	As of September 30, 2024 and December 31, 2023, accrued and other current liabilities consisted of the following: (in thousands) September 30, December 31, Diamond Sports Group non-cash liability (1) $ 202,572 $ 144,883 Gaming liabilities 198,592 177,557 Compensation 74,828 83,112 Interest payable 45,608 66,587 Bally’s Chicago - land development liability — 47,739 Other 190,305 131,841 Total accrued and other current liabilities $ 711,905 $ 651,719 __________________________________ (1) Refer to Note 17 “ Commitments and Contingencies

RESTRUCTURING (Tables)

RESTRUCTURING (Tables)	9 Months Ended
	Sep. 30, 2024
Restructuring and Related Activities [Abstract]
Restructuring Charges	The components of restructuring charges by segment for the three and nine months ended September 30, 2024 and 2023 are summarized as follows (in thousands): Three Months Ended Nine Months Ended 2024 2023 2024 2023 Severance and employee related benefits (1) Casinos & Resorts $ 34 $ — $ 20,037 — International Interactive (849) 325 (794) 11,252 North America Interactive (253) 86 (1,732) 7,733 Other — — 410 1,688 Total severance and employee related benefits (1,068) 411 17,921 20,673 Accelerated depreciation expense (2) — — 80,117 — Total restructuring charges $ (1,068) 411 98,038 20,673 __________________________________ (1) Included within “General and administrative” of the condensed consolidated statements of operations. (2) Included within “Depreciation and amortization” of the Casinos & Resorts reportable segment within the condensed consolidated statements of operations.
Restructuring Reserve	The changes in the Company’s restructuring related liabilities for the nine months ended September 30, 2024 is as follows: (in thousands) Balance as of December 31, 2023 $ 5,291 Charges, net 17,921 Payments (22,370) Effect of foreign exchange (842) Balance as of September 30, 2024 $ —

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Long-term Debt	As of September 30, 2024 and December 31, 2023, long-term debt consisted of the following: (in thousands) September 30, December 31, Term Loan Facility (1) $ 1,891,513 $ 1,906,100 Revolving Credit Facility 350,000 335,000 5.625% Senior Notes due 2029 750,000 750,000 5.875% Senior Notes due 2031 735,000 735,000 Less: Unamortized original issue discount (20,778) (23,756) Less: Unamortized deferred financing fees (34,797) (39,709) Long-term debt, including current portion 3,670,938 3,662,635 Less: Current portion of Term Loan and Revolving Credit Facility (19,450) (19,450) Long-term debt, net of discount and deferred financing fees, excluding current portion $ 3,651,488 $ 3,643,185 __________________________________ Derivative Instruments

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Schedule of Quantitative Information of Operating Leases	Components of lease expense, included within “General and administrative” in the condensed consolidated statements of operations, for operating leases during the three and nine months ended September 30, 2024 and 2023 are as follows: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Operating leases: Operating lease cost $ 38,847 $ 37,695 $ 113,135 $ 111,470 Variable lease cost 3,216 2,668 8,825 7,503 Operating lease expense 42,063 40,363 121,960 118,973 Short-term lease expense 5,950 3,642 17,438 9,753 Total lease expense $ 48,013 $ 44,005 $ 139,398 $ 128,726 Supplemental cash flow and other information related to operating leases for the three and nine months ended September 30, 2024 and 2023 are as follows: Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Cash paid for amounts included in the lease liability - operating cash flows from operating leases $ 33,686 $ 32,552 $ 98,191 $ 97,544 Right of use assets obtained in exchange for operating lease liabilities $ 192,085 $ 1,748 $ 192,716 $ 405,407 Derecognition of financing obligation $ (200,000) $ — $ (200,000) $ — September 30, 2024 December 31, 2023 Weighted average remaining lease term 28.7 years 17.6 years Weighted average discount rate 8.3 % 7.5 %
Schedule of Future Minimum Rental Commitments	As of September 30, 2024, future minimum lease payments under noncancelable operating leases are as follows: (in thousands) September 30, 2024 Remaining 2024 $ 45,280 2025 163,500 2026 163,310 2027 157,982 2028 160,063 Thereafter 3,476,622 Total lease payments 4,166,757 Less: present value discount (2,798,523) Lease obligations $ 1,368,234

STOCKHOLDERS_ EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of Share Repurchase Activity	There was no share repurchase activity during the three and nine months ended September 30, 2024 and the three months ended September 30, 2023. Total share repurchase activity during the nine months ended September 30, 2023 was as follows: (in thousands, except share and per share data) Nine Months Ended Number of common shares repurchased 1,774,845 Total cost $ 30,458 Average cost per share, including commissions $ 17.16
Schedule of Outstanding Warrants, Options, and Contingent Shares	The Company issued warrants, options and other contingent consideration in acquisitions and strategic partnerships that are expected to result in the issuance of common shares in future periods resulting from the exercise of warrants and options or the achievement of certain performance targets. These incremental shares are summarized below: Sinclair Penny Warrants (Note 2) 7,911,724 Sinclair Performance Warrants (Note 2) 3,279,337 Sinclair Options (1) (Note 2) 1,639,669 MKF penny warrants (Note 11) 44,128 Telescope contingent shares (Note 11) 8,626 Outstanding awards under Equity Incentive Plans 1,594,249 14,477,733 __________________________________ (1) Consists of four equal tranches to purchase shares with exercise prices ranging from $30.00 to $45.00 per share, exercisable over a seven-year period beginning on the fourth anniversary of the November 18, 2020 closing of the Framework Agreement.
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables reflect the changes in accumulated other comprehensive loss by component for the nine months ended September 30, 2024 and 2023, respectively: (in thousands) Foreign Currency Translation Adjustment Benefit Plans Cash Flow Hedges (1) Net Investment Hedges Total Accumulated other comprehensive (loss) income at December 31, 2023 $ (177,203) $ 886 $ (11,246) $ (21,995) $ (209,558) Other comprehensive income (loss) before reclassifications 103,342 — (26,507) (16,153) 60,682 Reclassifications from accumulated other comprehensive income (loss) to earnings — — (9,678) (3,170) (12,848) Tax effect — — 8,805 12,674 21,479 Accumulated other comprehensive (loss) income at September 30, 2024 $ (73,861) $ 886 $ (38,626) $ (28,644) $ (140,245) __________________________________ (1) As of September 30, 2024, approximately $6.8 million of existing gains and losses are estimated to be reclassified into earnings within the next 12 months. (in thousands) Foreign Currency Translation Adjustment Benefit Plans Cash Flow Hedges Net Investment Hedges Total Accumulated other comprehensive (loss) income at December 31, 2022 $ (295,984) $ 344 $ — $ — $ (295,640) Other comprehensive income (loss) before reclassifications 1,532 — 3,970 675 6,177 Reclassifications from accumulated other comprehensive income (loss) to earnings — — (443) (388) (831) Tax effect — — (934) (76) (1,010) Accumulated other comprehensive (loss) income at September 30, 2023 $ (294,452) $ 344 $ 2,593 $ 211 $ (291,304)

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Reportable Segment Information	The following table sets forth revenue and Adjusted EBITDAR for the Company’s three reportable segments and reconciles Adjusted EBITDAR on a consolidated basis to net (loss) income. The Other category is included in the following tables in order to reconcile the segment information to the Company’s condensed consolidated financial statements. Three Months Ended Nine Months Ended (in thousands) 2024 2023 2024 2023 Revenue Casinos & Resorts $ 353,358 $ 359,026 $ 1,038,738 $ 1,020,974 International Interactive 230,937 243,884 695,016 737,230 North America Interactive 45,679 29,567 136,359 79,199 Total $ 629,974 $ 632,477 $ 1,870,113 $ 1,837,403 Adjusted EBITDAR (1) Casinos & Resorts $ 100,442 $ 118,184 $ 289,661 $ 334,312 International Interactive 90,030 85,477 254,854 250,352 North America Interactive (10,976) (17,561) (27,891) (45,809) Other (13,163) (12,883) (40,377) (46,687) Total 166,333 173,217 476,247 492,168 Operating (expense) income Rent expense associated with triple net operating leases (2) (28,602) (31,594) (88,575) (94,152) Depreciation and amortization (77,800) (77,487) (316,328) (231,235) Transaction costs (19,788) (20,953) (39,123) (59,405) Restructuring 1,068 (411) (17,921) (20,673) Tropicana Las Vegas demolition costs (19,643) — (31,904) — Share-based compensation (4,099) (6,257) (11,629) (18,587) (Loss) gain on sale-leaseback, net (150,000) — (150,000) 374,321 Impairment charges — — (12,757) (9,653) Merger Agreement costs (3) (9,802) — (11,791) — Payment Service Provider write-off (4) (6,333) — (6,333) — Other (8,989) 721 (15,923) (12,834) Income (loss) from operations (157,655) 37,236 (226,037) 419,950 Other (expense) income Interest expense, net of interest income (73,975) (70,630) (221,306) (200,987) Other (49,854) 15,528 (38,370) 24,949 Total other expense, net (123,829) (55,102) (259,676) (176,038) (Loss) income before income taxes (281,484) (17,866) (485,713) 243,912 (Benefit) provision for income taxes 33,629 (43,936) 3,748 (153,029) Net (loss) income $ (247,855) $ (61,802) $ (481,965) $ 90,883 __________________________________ (1) Adjusted EBITDAR is defined as earnings, or loss, for the Company before interest expense, net of interest income, provision (benefit) for income taxes, depreciation and amortization, non-operating (income) expense, acquisition, integration and restructuring expense, share-based compensation, and certain other gains or losses as well as, when presented for our reporting segments, an adjustment related to the allocation of corporate cost among segments, plus rent expense associated with triple net operating leases. Adjusted EBITDAR should not be construed as an alternative to GAAP net income, its most directly comparable GAAP measure, nor is it directly comparable to similarly titled measures presented by other companies. (2) Consists primarily of the operating lease components contained within certain triple net leases with GLPI. Refer to Note 15 “ Leases (3) Costs incurred in connection with the Merger Agreement discussed in Note 1 “General Information.” (4) In the third quarter, the Company recorded a $6.3 million charge to reduce amounts due from payment service providers (“PSP”) due to a circumstance whereby the payment processer for certain online sports wagering deposits failed to capture and settle funds with patrons of the Company. The Company was not able to recover the full amount due from the payment service provider, resulting in a write down to the recoverable amount. In addition to amounts recovered, the Company received $5.1 million from the PSP as a signing bonus for entering into an extension agreement. Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Capital Expenditures Casinos & Resorts $ 20,768 $ 40,206 $ 44,973 $ 99,908 International Interactive 86 457 444 2,114 North America Interactive 886 79 1,575 1,637 Other (1) 70,576 105,943 108,765 162,572 Total $ 92,316 $ 146,685 $ 155,757 $ 266,231 __________________________________ (1) Includes $70.3 million and $108.3 million related to our future Bally’s Chicago permanent facility during the three and nine months ended September 30, 2024, respectively. As of September 30, 2024 and December 31, 2023, carrying values of goodwill by reportable segment are as follows: (in thousands) September 30, 2024 December 31, 2023 Goodwill Casinos & Resorts (1) $ 313,285 $ 313,493 International Interactive 1,644,774 1,586,590 North America Interactive (2) 35,750 35,720 Total (3) $ 1,993,809 $ 1,935,803 __________________________________ (1) Net of accumulated goodwill impairment charges of $5.4 million. (2) Net of accumulated goodwill impairment charges of $140.4 million (3) The effect of foreign exchange on the change in total goodwill from December 31, 2023 was $58.2 million .

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Computations of Basic and Diluted EPS	Three Months Ended Nine Months Ended (in thousands, except per share data) 2024 2023 2024 2023 Net (loss) income applicable to common stockholders $ (247,855) $ (61,802) $ (481,965) $ 90,883 Weighted average common shares outstanding, basic 48,596 53,580 48,405 53,961 Weighted average effect of dilutive securities — — — 315 Weighted average common shares outstanding, diluted 48,596 53,580 48,405 54,276 Basic (loss) earnings per share $ (5.10) $ (1.15) $ (9.96) $ 1.68 Diluted (loss) earnings per share $ (5.10) $ (1.15) $ (9.96) $ 1.67

GENERAL INFORMATION - Additiona

GENERAL INFORMATION - Additional Information (Details) $ / shares in Units, $ in Thousands	Jul. 25, 2024 USD ($) $ / shares shares	Apr. 20, 2021 shares
Business Acquisition [Line Items]
Number of common shares called by warrant (in shares)		909,090
Merger Agreement
Business Acquisition [Line Items]
Share exchange, conversion ratio	2.45368905950
Cash right per common share | $ / shares	$ 18.25
Termination fee, company | $	$ 11,100
Termination fee, parent | $	$ 22,200
Number of common shares called by warrant (in shares)	384,536
Merger Agreement | Stock Option
Business Acquisition [Line Items]
Options, forfeitures in period (in shares)	1,639,669
Merger Agreement | Stock Option | Minimum
Business Acquisition [Line Items]
Options, forfeitures in period, weighted average exercise price (in dollars per share) | $ / shares	$ 30
Merger Agreement | Stock Option | Maximum
Business Acquisition [Line Items]
Options, forfeitures in period, weighted average exercise price (in dollars per share) | $ / shares	$ 45
SG Gaming
Business Acquisition [Line Items]
Business Combination, Equity Interest Issued or Issuable, Number of Shares	26,909,895
Queen
Business Acquisition [Line Items]
Share exchange, conversion ratio	3,542,205

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES - Accounts Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	$ 67,250	$ 76,376
Less: Allowance for credit losses	(6,277)	(6,048)
Accounts receivable, net	60,973	70,328
Rhode Island and Delaware
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	14,177	13,028
Gaming receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	20,810	26,127
Non-gaming receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	$ 32,263	$ 37,221

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
	Jun. 01, 2021 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Apr. 20, 2021 $ / shares shares	Nov. 18, 2020 $ / shares shares
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Net (loss) income from equity method investments		$ (1,073)	$ 2,254	$ (284)	$ 5,344
Assets		6,405,911		6,405,911		$ 6,861,103
Liabilities		6,172,068		6,172,068		6,225,249
Revenue		629,974	632,477	1,870,113	1,837,403
Supplier finance program, obligation, addition		82,500		184,800
Supplier finance program, obligation, settlement		61,700		103,100
Supplier finance program, obligation, current		84,100		84,100
Advertising Expense		3,500	5,600	13,200	14,200
Share based compensation expense		4,099	6,257	11,629	18,587
Share based income tax benefit (expense)		1,100	1,700	3,000	4,900
Amortization of intangible assets		58,500	57,300	177,777	173,400
Commercial rights liability		74,132		74,132		113,626
Number of common shares called by warrant (in shares) | shares							909,090
Exercise price of warrants (in dollars per share) | $ / shares							$ 55
(Benefit) provision for income taxes		(33,629)	43,936	$ (3,748)	$ 153,029
Effective Income Tax Rate Reconciliation, Percent				0.80%	62.70%
Deferred Payables
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Interest Expense, Operating and Nonoperating		$ 1,700		$ 3,900
Rhode Island Joint Venture
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Equity Method Investment, Ownership Percentage		40%		40%
North America Interactive & International Interactive Segments
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Advertising Expense		$ 39,400	43,600	$ 132,600	$ 137,300
Variable Interest Entity, Primary Beneficiary | Breckenridge Curacao B.V
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Assets		166,600		166,600		161,300
Liabilities		96,800		96,800		87,700
Revenue		40,900	71,500	149,400	232,000
Penny Warrant
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Number of common shares called by warrant (in shares) | shares								4,915,726
Exercise price of warrants (in dollars per share) | $ / shares								$ 0.01
Fair value of underlying shares	$ 150,400
Performance Warrant
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Exercise price of warrants (in dollars per share) | $ / shares								$ 0.01
Performance Warrant | Maximum
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Number of common shares called by warrant (in shares) | shares								3,279,337
Option on Securities
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Number of common shares called by warrant (in shares) | shares								1,639,669
Option on Securities | Maximum
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Exercise price of warrants (in dollars per share) | $ / shares								$ 45
Option on Securities | Minimum
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Exercise price of warrants (in dollars per share) | $ / shares								$ 30
Commercial Rights
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Amortization of intangible assets		(7,800)	(7,700)	(23,400)	(23,200)
Sinclair Commercial Agreement
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Commercial rights liability						57,700
Accretion expense			$ 1,100		$ 3,300
Tax benefit shared, in percent								0.60
Estimate in tax receivable agreement liability		18,800		18,800		19,100
Sinclair Commercial Agreement | Accrued Liabilities
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Short-term portion of liability						8,000
Sinclair Commercial Agreement | Commercial Rights Liability
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Long-term portion of liability						49,700
Sinclair Commercial Agreement
Summary of Significant Accounting Policies - Additional Information Details [Line Items]
Commercial rights, intangible assets		$ 202,600		$ 202,600		$ 225,900

CONSOLIDATED FINANCIAL INFORM_3

CONSOLIDATED FINANCIAL INFORMATION - Schedule of General and Administrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Advertising, general and administrative	$ 267,342	$ 210,576	$ 725,754	$ 655,341
Acquisition and integration	7,319	19,595	18,016	46,480
Restructuring charges, net	(1,068)	411	17,921	20,673
Impairment charges	0	0	12,757	9,653
Total general and administrative	$ 273,593	$ 230,582	$ 774,448	$ 732,147

CONSOLIDATED FINANCIAL INFORM_4

CONSOLIDATED FINANCIAL INFORMATION - Other Non-Operating Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Change in Value of Commercial Rights Liabilities	$ (16,932)	$ 4,676	$ (10,615)	$ 11,967
Net (loss) income from equity method investments	(1,073)	2,254	(284)	5,344
Gain (Loss) on Extinguishment of Debt	0	0	0	4,044
Foreign Currency Transaction Gain (Loss), before Tax	(30,246)	8,459	(26,447)	2,512
Other, net	(1,603)	139	(1,024)	1,082
Total other non-operating (expense) income, net	$ (49,854)	$ 15,528	$ (38,370)	$ 24,949

RECENTLY ISSUED ACCOUNTING PR_2

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Details)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Recently Issued Accounting Pronouncements	Standards to Be Implemented In October 2023, the FASB issued ASU No. 2023-06, Disclosure Improvements - Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative . The amendments in this update align the requirements in the ASC to the SEC’s regulations. The effective date for each amended topic in the ASC is the date on which the SEC’s removal of the related disclosure requirement from Regulation S-X or Regulation S-K becomes effective. If by June 30, 2027, the SEC has not removed the related disclosure from its regulations, the amendments will be removed from the Codification and not become effective. Early adoption is prohibited. The Company is currently in the process of evaluating the impact of this amendment on its condensed consolidated financial statements and related disclosures. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures . The amendments in this update enhance the disclosures required for significant segment expenses on an annual and interim basis. The guidance will apply retrospectively and is effective for annual reporting periods in fiscal years beginning after December 15, 2023, and interim reporting periods in fiscal years beginning after December 31, 2024. The Company is currently in the process of evaluating the impact of this amendment on its condensed consolidated financial statements and related disclosures. In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) - Improvements to Income Tax Disclosures . The amendments in this update enhance the transparency and decision usefulness of income tax disclosures. This update will be effective for annual periods beginning after December 15, 2024, with early adoption permitted. The Company is currently in the process of evaluating the impact of this amendment on its condensed consolidated financial statements and related disclosures. In March 2024, the FASB issued ASU 2024-02, Codification Improvements - Amendments to Remove References to the Concepts Statements . This amendment to the Codification removes references to various Concepts Statements. This update will be effective for public business entities for fiscal years beginning after December 15, 2024, with early adoption permitted if adopted as of the beginning of the fiscal year that includes that interim period. The Company is currently in the process of evaluating the impact of this amendment on its condensed consolidated financial statements and related disclosures.

REVENUE RECOGNITION - Additiona

REVENUE RECOGNITION - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Disaggregation of Revenue [Line Items]
Contracts with customers receivables	$ 30,800		$ 30,800		$ 38,500
Contract liabilities	77,181		77,181		66,336
Revenue	629,974	$ 632,477	1,870,113	$ 1,837,403
Loyalty Programs
Disaggregation of Revenue [Line Items]
Contract liabilities	12,726		12,726		16,803
Contract liabilities, revenue recognized	7,100	10,000	22,600	27,700
Customer Deposits
Disaggregation of Revenue [Line Items]
Contract liabilities	30,640		30,640		29,052
Unpaid Tickets
Disaggregation of Revenue [Line Items]
Contract liabilities	33,815		33,815		$ 20,481
Gaming
Disaggregation of Revenue [Line Items]
Revenue	523,906	508,895	1,564,714	1,489,086
International Interactive [Member]
Disaggregation of Revenue [Line Items]
Revenue	230,937	243,884	695,016	737,230
International Interactive [Member] | Gaming
Disaggregation of Revenue [Line Items]
Revenue	$ 228,693	$ 240,577	$ 687,109	$ 720,925

REVENUE RECOGNITION - Loyalty P

REVENUE RECOGNITION - Loyalty Programs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Goods and services provided without charge	$ 46,681	$ 51,156	$ 132,972	$ 142,022
Hotel
Disaggregation of Revenue [Line Items]
Goods and services provided without charge	22,697	26,367	63,603	72,925
Food and beverage
Disaggregation of Revenue [Line Items]
Goods and services provided without charge	21,467	21,604	61,982	60,901
Retail, entertainment and other
Disaggregation of Revenue [Line Items]
Goods and services provided without charge	$ 2,517	$ 3,185	$ 7,387	$ 8,196

REVENUE RECOGNITION - Disaggreg

REVENUE RECOGNITION - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total revenue	$ 629,974	$ 632,477	$ 1,870,113	$ 1,837,403
Gaming
Disaggregation of Revenue [Line Items]
Total revenue	523,906	508,895	1,564,714	1,489,086
Non-gaming
Disaggregation of Revenue [Line Items]
Total revenue	106,068	123,582	305,399	348,317
Hotel
Disaggregation of Revenue [Line Items]
Total revenue	41,672	56,728	118,026	155,451
Food and beverage
Disaggregation of Revenue [Line Items]
Total revenue	35,403	39,438	103,478	108,270
Retail, entertainment and other
Disaggregation of Revenue [Line Items]
Total revenue	28,993	27,416	83,895	84,596
Casinos & Resorts [Member]
Disaggregation of Revenue [Line Items]
Total revenue	353,358	359,026	1,038,738	1,020,974
Casinos & Resorts [Member] | Gaming
Disaggregation of Revenue [Line Items]
Total revenue	256,234	245,687	762,197	709,812
Casinos & Resorts [Member] | Non-gaming
Disaggregation of Revenue [Line Items]
Total revenue	97,124	113,339	276,541	311,162
Casinos & Resorts [Member] | Hotel
Disaggregation of Revenue [Line Items]
Total revenue	41,672	56,728	118,026	155,451
Casinos & Resorts [Member] | Food and beverage
Disaggregation of Revenue [Line Items]
Total revenue	35,403	39,438	103,478	108,270
Casinos & Resorts [Member] | Retail, entertainment and other
Disaggregation of Revenue [Line Items]
Total revenue	20,049	17,173	55,037	47,441
North America Interactive [Member]
Disaggregation of Revenue [Line Items]
Total revenue	45,679	29,567	136,359	79,199
North America Interactive [Member] | Gaming
Disaggregation of Revenue [Line Items]
Total revenue	38,979	22,631	115,408	58,349
North America Interactive [Member] | Non-gaming
Disaggregation of Revenue [Line Items]
Total revenue	6,700	6,936	20,951	20,850
North America Interactive [Member] | Hotel
Disaggregation of Revenue [Line Items]
Total revenue	0	0	0	0
North America Interactive [Member] | Food and beverage
Disaggregation of Revenue [Line Items]
Total revenue	0	0	0	0
North America Interactive [Member] | Retail, entertainment and other
Disaggregation of Revenue [Line Items]
Total revenue	6,700	6,936	20,951	20,850
International Interactive [Member]
Disaggregation of Revenue [Line Items]
Total revenue	230,937	243,884	695,016	737,230
International Interactive [Member] | Gaming
Disaggregation of Revenue [Line Items]
Total revenue	228,693	240,577	687,109	720,925
International Interactive [Member] | Non-gaming
Disaggregation of Revenue [Line Items]
Total revenue	2,244	3,307	7,907	16,305
International Interactive [Member] | Hotel
Disaggregation of Revenue [Line Items]
Total revenue	0	0	0	0
International Interactive [Member] | Food and beverage
Disaggregation of Revenue [Line Items]
Total revenue	0	0	0	0
International Interactive [Member] | Retail, entertainment and other
Disaggregation of Revenue [Line Items]
Total revenue	$ 2,244	$ 3,307	$ 7,907	$ 16,305

BUSINESS COMBINATIONS - Narrati

BUSINESS COMBINATIONS - Narrative (Details) $ in Thousands			3 Months Ended		9 Months Ended
	Sep. 12, 2023 USD ($) year	Jan. 05, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Business Acquisition [Line Items]
Acquisition and integration			$ 9,802	$ 0	$ 11,791	$ 0
Goodwill			1,993,809		1,993,809		$ 1,935,803
International Interactive [Member]
Business Acquisition [Line Items]
Acquisition and integration					0	1,200
Goodwill			1,644,774		1,644,774		1,586,590
Casinos & Resorts [Member]
Business Acquisition [Line Items]
Acquisition and integration					200	$ 500
Goodwill			313,285		313,285		$ 313,493
Bally's Golf Links
Business Acquisition [Line Items]
Total consideration paid, net of cash acquired	$ 55,000
Contingent consideration payable	58,600		58,800		58,800
Undiscounted Potential Consideration Payable	$ 125,000
Total purchase price			113,592		113,592
Goodwill			103,824		103,824
Bally's Golf Links | Minimum | Measurement Input, Expected Term
Business Acquisition [Line Items]
Measurement input | year	1.5
Bally's Golf Links | Minimum | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Measurement input	0.072
Bally's Golf Links | Maximum | Measurement Input, Expected Term
Business Acquisition [Line Items]
Measurement input | year	3
Bally's Golf Links | Maximum | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Measurement input	0.078
Casino Secret
Business Acquisition [Line Items]
Cash and Equivalents Acquired		$ (8,300)
Total consideration paid, net of cash acquired		38,700
Total purchase price		50,400	50,434		50,434
Goodwill		$ 18,400	$ 18,422		$ 18,422

BUSINESS COMBINATIONS - Identif

BUSINESS COMBINATIONS - Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands		9 Months Ended
	Sep. 12, 2023	Sep. 30, 2024	Dec. 31, 2023	Jan. 05, 2023
Business Acquisition [Line Items]
Goodwill		$ 1,993,809	$ 1,935,803
Casino Secret
Business Acquisition [Line Items]
Total current assets		8,862
Property and equipment, net		50
Intangible assets, net(1)		29,471
Goodwill		18,422		$ 18,400
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities		(6,371)
Total purchase price		$ 50,434		$ 50,400
Finite-Lived Intangible Asset, Useful Life		7 years
Casino Secret | Customer relationships
Business Acquisition [Line Items]
Intangible assets, net(1)		$ 26,000
Casino Secret | Trade names
Business Acquisition [Line Items]
Intangible assets, net(1)		3,500
Bally's Golf Links
Business Acquisition [Line Items]
Total current assets		1,108
Property and equipment, net		505
Intangible assets, net(1)		6,500
Goodwill		103,824
Other Noncurrent Assets		2,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities		(345)
Total purchase price		113,592
Goodwill, Measurement Period Adjustment		(200)
Increase to total purchase price		(200)
Bally's Golf Links | Licensing Agreements
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 6,500
Acquired intangible assets, useful life	12 years

PREPAID EXPENSES AND OTHER AS_3

PREPAID EXPENSES AND OTHER ASSETS (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Services and License Agreements, Current	$ 44,145	$ 32,466
Due from Payment Service Providers, Current	6,069	12,662
Prepaid Marketing, Current	12,306	8,685
Derivative Asset, Current	5,161	9,530
Prepaid Taxes, Current	6,375	7,565
Prepaid Gaming Taxes And Licenses, Current	14,216	9,309
Purse Funds, Current	9,416	6,404
Prepaid Insurance, Current	2,009	12,181
Other Assets, Current	7,544	9,294
Prepaid expenses and other current assets	$ 107,241	$ 108,096

PROPERTY AND EQUIPMENT - Schedu

PROPERTY AND EQUIPMENT - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 1,236,403	$ 1,481,233
Less: Accumulated depreciation	(440,912)	(306,345)
Property and equipment, net	795,491	1,174,888
Land and Land Improvements
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	53,937	401,208
Building Improvements
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	689,151	673,071
Equipment
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	289,405	264,398
Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	69,808	68,746
Construction in Progress
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 134,102	$ 73,810

PROPERTY AND EQUIPMENT - Narrat

PROPERTY AND EQUIPMENT - Narrative (Details) - USD ($)		3 Months Ended			9 Months Ended
	Mar. 31, 2023	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Property, Plant and Equipment [Line Items]
Depreciation expense		$ 19,300,000		$ 20,200,000	$ 138,600,000	$ 57,800,000
Interest Costs Capitalized		1,900,000		$ 1,900,000	5,900,000	$ 7,900,000
Lease Termination Payments		150,000,000			150,000,000
Payments for Rent	$ 10,000,000		$ 90,000,000
Lease Termination Payments Secured By Letters Of Credit		$ 50,000,000			50,000,000
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, dispositions		350.0 million
Retail Casinos
Property, Plant and Equipment [Line Items]
Accelerated depreciation expense		$ 0			$ 80,117,000

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 58,500	$ 57,300	$ 177,777	$ 173,400

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Rollforward of Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Finite-lived Intangible Assets [Roll Forward]
Intangible assets, net as of December 31, 2023			$ 1,871,428
Effect of foreign exchange			28,200
Internally developed software			36,283
Other intangibles acquired			2,127
Less: Amortization of intangible assets	$ (58,500)	$ (57,300)	(177,777)	$ (173,400)
Intangible assets, net as of September 30, 2024	$ 1,760,261		$ 1,760,261

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,801,726	$ 1,721,302
Accumulated Amortization	(734,110)	(539,177)
Net	1,067,616	1,182,125
Gross Carrying Amount	692,645	689,303
Gross Carrying Amount	2,494,371	2,410,605
Intangible assets, net	1,760,261	1,871,428
Gaming licenses
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	586,971	586,971
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	104,341	100,544
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,333	1,788
Commercial rights - Sinclair
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	315,847	315,847
Accumulated Amortization	(113,275)	(89,901)
Net	202,572	225,946
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	38,047	37,042
Accumulated Amortization	(20,938)	(18,125)
Net	17,109	18,917
Hard Rock license
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	8,000	8,000
Accumulated Amortization	(2,485)	(2,303)
Net	5,515	5,697
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,005,459	974,286
Accumulated Amortization	(432,885)	(314,053)
Net	572,574	660,233
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	277,147	267,927
Accumulated Amortization	(118,756)	(86,119)
Net	158,391	181,808
Internally developed software
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	98,864	61,687
Accumulated Amortization	(22,884)	(13,091)
Net	75,980	48,596
Gaming licenses
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	46,771	45,008
Accumulated Amortization	(17,983)	(11,964)
Net	28,788	33,044
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	11,591	11,505
Accumulated Amortization	(4,904)	(3,621)
Net	$ 6,687	$ 7,884

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS - Schedule of Amortization (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remaining 2024	$ 61,246
2025	243,082
2026	241,276
2027	240,385
2028	186,318
Thereafter	95,309
Net	$ 1,067,616	$ 1,182,125

DERIVATIVE INSTRUMENTS - Narrat

DERIVATIVE INSTRUMENTS - Narrative (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
	Oct. 01, 2021	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023
Offsetting Assets [Line Items]
Proceeds from net investment hedges			$ 3,274	$ 0
Cross currency swaps | USD EUR Exchange Future | Line of Credit | Line of Credit
Offsetting Assets [Line Items]
Derivative, amount of hedged item		$ 500,000	500,000
Derivative, term of contract		5 years
Cross currency swaps | USD GBP Exchange Future | Line of Credit | Line of Credit
Offsetting Assets [Line Items]
Derivative, amount of hedged item	$ 200,000
Derivative, term of contract	3 years
Interest Rate Swap
Offsetting Assets [Line Items]
Notional amount, terminated		$ 500,000	500,000
Proceeds from net investment hedges		3,900
Net investment hedges - notional amount		$ 1,000,000	$ 1,000,000

DERIVATIVE INSTRUMENTS - Instru

DERIVATIVE INSTRUMENTS - Instruments Designated as Hedging (Details) - Sep. 30, 2024 - Cross currency swaps - Designated as Hedging Instrument - Net Investment Hedging € in Thousands, £ in Thousands, $ in Thousands	USD ($)	EUR (€)	GBP (£)
Short
Derivative [Line Items]
Net investment hedges - notional amount		€ 461,595	£ 546,759
Long
Derivative [Line Items]
Net investment hedges - notional amount	$ 700,000		£ 387,531

DERIVATIVE INSTRUMENTS - Summar

DERIVATIVE INSTRUMENTS - Summary of Cash Flow Hedged (Details) - Cash Flow Hedging - Designated as Hedging Instrument - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Interest Rate Swap
Derivative [Line Items]
Cash flow hedges - notional amount	$ 1,500,000	$ 500,000
Interest Rate Swap | Maximum
Derivative [Line Items]
Variable interest rate	0%	0%
Interest Rate Swap | Minimum
Derivative [Line Items]
Variable interest rate	0%	0%
Interest Rate Cap
Derivative [Line Items]
Cash flow hedges - notional amount	$ 0	$ 500,000
Interest Rate Cap | Maximum
Derivative [Line Items]
Variable interest rate	0%	4.25%
Interest Rate Cap | Minimum
Derivative [Line Items]
Variable interest rate	0%	3.22%

FAIR VALUE MEASUREMENTS - Sched

FAIR VALUE MEASUREMENTS - Schedule of Assets and Liabilities, Fair Value, Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Foreign Exchange Contract
Liabilities:
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued and other current liabilities
Other Assets | Interest Rate Swap
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets
Other Assets | Cross currency swaps
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets
Prepaid Expenses and Other Current Assets | Interest Rate Swap
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid expenses and other current assets
Prepaid Expenses and Other Current Assets | Cross currency swaps
Assets:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid expenses and other current assets
Other Noncurrent Liabilities | Interest Rate Swap
Liabilities:
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities
Other Noncurrent Liabilities | Cross currency swaps
Liabilities:
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities
Accrued Liabilities | Interest Rate Swap
Liabilities:
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued and other current liabilities
Accrued Liabilities | Cross currency swaps
Liabilities:
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued and other current liabilities
Level 1
Assets:
Total assets	$ 0	$ 0
Liabilities:
Derivative Liability	0	0
Level 1 | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset		0
Liabilities:
Derivative Liability		0
Level 1 | Other Assets | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset	0
Level 1 | Other Assets | Cross currency swaps | Designated as Hedging Instrument
Assets:
Derivative Asset	0	0
Level 1 | Prepaid Expenses and Other Current Assets | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset	0
Level 1 | Prepaid Expenses and Other Current Assets | Cross currency swaps | Designated as Hedging Instrument
Assets:
Derivative Asset	0	0
Level 1 | Other Noncurrent Liabilities | Interest Rate Swap | Designated as Hedging Instrument
Liabilities:
Derivative Liability	0
Level 1 | Other Noncurrent Liabilities | Cross currency swaps | Designated as Hedging Instrument
Liabilities:
Derivative Liability	0	0
Level 1 | Accrued Liabilities | Interest Rate Swap | Designated as Hedging Instrument
Liabilities:
Derivative Liability	0
Level 1 | Accrued Liabilities | Cross currency swaps | Designated as Hedging Instrument
Liabilities:
Derivative Liability	0	0
Level 2
Assets:
Total assets	9,067	16,007
Liabilities:
Derivative Liability	104,456	52,093
Level 2 | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset		5,356
Liabilities:
Derivative Liability		21,492
Level 2 | Other Assets | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset	0
Level 2 | Other Assets | Cross currency swaps | Designated as Hedging Instrument
Assets:
Derivative Asset	3,906	6,477
Level 2 | Prepaid Expenses and Other Current Assets | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset	95
Level 2 | Prepaid Expenses and Other Current Assets | Cross currency swaps | Designated as Hedging Instrument
Assets:
Derivative Asset	5,066	4,174
Level 2 | Other Noncurrent Liabilities | Interest Rate Swap | Designated as Hedging Instrument
Liabilities:
Derivative Liability	52,452
Level 2 | Other Noncurrent Liabilities | Cross currency swaps | Designated as Hedging Instrument
Liabilities:
Derivative Liability	44,429	29,376
Level 2 | Accrued Liabilities | Interest Rate Swap | Designated as Hedging Instrument
Liabilities:
Derivative Liability	3,570
Level 2 | Accrued Liabilities | Cross currency swaps | Designated as Hedging Instrument
Liabilities:
Derivative Liability	4,005	1,225
Level 3
Assets:
Total assets	0	0
Liabilities:
Derivative Liability	55,318	44,703
Level 3 | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset		0
Liabilities:
Derivative Liability		0
Level 3 | Other Assets | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset	0
Level 3 | Other Assets | Cross currency swaps | Designated as Hedging Instrument
Assets:
Derivative Asset	0	0
Level 3 | Prepaid Expenses and Other Current Assets | Interest Rate Swap | Designated as Hedging Instrument
Assets:
Derivative Asset	0
Level 3 | Prepaid Expenses and Other Current Assets | Cross currency swaps | Designated as Hedging Instrument
Assets:
Derivative Asset	0	0
Level 3 | Other Noncurrent Liabilities | Interest Rate Swap | Designated as Hedging Instrument
Liabilities:
Derivative Liability	0
Level 3 | Other Noncurrent Liabilities | Cross currency swaps | Designated as Hedging Instrument
Liabilities:
Derivative Liability	0	0
Level 3 | Accrued Liabilities | Interest Rate Swap | Designated as Hedging Instrument
Liabilities:
Derivative Liability	0
Level 3 | Accrued Liabilities | Cross currency swaps | Designated as Hedging Instrument
Liabilities:
Derivative Liability	0	0
Fair Value, Recurring | Level 1
Assets:
Cash and cash equivalents	190,975	163,194
Restricted cash	89,564	152,068
Convertible loans		0
Investments in equity securities		3,409
Total assets	282,979	318,671
Liabilities:
Sinclair Performance Warrants	0	0
Contingent consideration	0	0
Total liabilities	0	0
Fair Value, Recurring | Level 1 | Other Assets
Assets:
Convertible loans	0
Investments in equity securities	2,440
Investment in GLPI partnership	0	0
Fair Value, Recurring | Level 2
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Convertible loans		0
Investments in equity securities		0
Total assets	23,815	30,153
Liabilities:
Sinclair Performance Warrants	0	0
Contingent consideration	0	0
Total liabilities	104,456	52,093
Fair Value, Recurring | Level 2 | Other Assets
Assets:
Convertible loans	0
Investments in equity securities	0
Investment in GLPI partnership	14,748	14,146
Fair Value, Recurring | Level 3
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Convertible loans		4,115
Investments in equity securities		0
Total assets	4,321	4,115
Liabilities:
Sinclair Performance Warrants	55,318	44,703
Contingent consideration	58,844	58,580
Total liabilities	114,162	103,283
Fair Value, Recurring | Level 3 | Other Assets
Assets:
Convertible loans	4,321
Investments in equity securities	0
Investment in GLPI partnership	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Sch_2

FAIR VALUE MEASUREMENTS - Schedule of Performance Warrants and Acquisition Related Contingent Consideration (Details) - Level 3 - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023
Warrant
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases				$ 0	$ 0	$ 0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Continent Consideration					0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease)	$ 16,932	$ (6,317)	$ 0	(4,676)	(7,558)	267
Contingent Consideration
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases				58,580	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Continent Consideration					(9,292)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease)	1,059	1,040	(1,835)	0	(169)	1,241
Contingent Consideration | Other Assets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases				500	500	500
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Continent Consideration					0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease)	235	4	(33)	(1,289)	136	126
Fair Value, Recurring | Warrant
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Beginning Balance	38,386	44,703	44,703	29,696	37,254	36,987
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Ending Balance	55,318	38,386	44,703	25,020	29,696	37,254
Fair Value, Recurring | Contingent Consideration
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Beginning Balance	57,785	56,745	58,580	0	9,461	8,220
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Ending Balance	58,844	57,785	56,745	58,580	0	9,461
Fair Value, Recurring | Contingent Consideration | Other Assets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Beginning Balance	4,086	4,082	4,115	11,474	10,838	10,212
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Ending Balance	$ 4,321	$ 4,086	$ 4,082	$ 10,685	$ 11,474	$ 10,838

FAIR VALUE MEASUREMENTS - Sch_3

FAIR VALUE MEASUREMENTS - Schedule of Derivative Instruments Gain (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Warrant
Derivative [Line Items]
Gain (loss) on derivative instruments	$ (16,932)	$ 4,676	$ (10,615)	$ 11,967
Interest Rate Swap | Interest Expense
Derivative [Line Items]
Other Comprehensive Income (Loss), Derivative, Excluded Component, Increase (Decrease), before Adjustments and Tax	(3,983)	(443)	(9,678)	(443)
Cross currency swaps | Interest Expense
Derivative [Line Items]
Other Comprehensive Income (Loss), Derivative, Excluded Component, Increase (Decrease), before Adjustments and Tax	$ (634)	$ (388)	$ (3,170)	$ (388)

FAIR VALUE MEASUREMENTS - Narra

FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 12, 2023	Mar. 23, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Payment for contingent consideration	$ 9,300
Minimum
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Expected volatility rate		40%
Risk free interest rate		3.84%
Expected term		1 year 6 months
Maximum
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Expected volatility rate		67%
Risk free interest rate		4.79%
Expected term		6 years 3 months 18 days
SportCaller and MKF
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Contingent consideration payable				$ 58,700
Monkey Knife Fight
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Contingent shares issued (in shares)	386,926
Horses Mouth Limited (SportCaller) | Common Stock
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Settlement of consideration to SportCaller (in shares)	103,656
Bally's Golf Links
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Contingent consideration payable		$ 58,800	$ 58,600

FAIR VALUE MEASUREMENTS - Fair

FAIR VALUE MEASUREMENTS - Fair Value of Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Senior Notes | 5.625% Senior Notes due 2029
Debt Instrument [Line Items]
Interest rate	5.625%
Senior Notes | 5.625% Senior Notes due 2029 | Carrying Amount | Level 1
Debt Instrument [Line Items]
Long-term debt, fair value	$ 737,988	$ 736,447
Senior Notes | 5.625% Senior Notes due 2029 | Fair Value | Level 1
Debt Instrument [Line Items]
Long-term debt, fair value	$ 559,687	596,250
Senior Notes | 5.875% Senior Notes due 2031
Debt Instrument [Line Items]
Interest rate	5.875%
Senior Notes | 5.875% Senior Notes due 2031 | Carrying Amount | Level 1
Debt Instrument [Line Items]
Long-term debt, fair value	$ 721,047	719,858
Senior Notes | 5.875% Senior Notes due 2031 | Fair Value | Level 1
Debt Instrument [Line Items]
Long-term debt, fair value	504,394	570,544
Term Loan Facility(1) | Line of Credit | Carrying Amount | Level 1
Debt Instrument [Line Items]
Long-term debt, fair value	1,861,903	1,871,330
Term Loan Facility(1) | Line of Credit | Fair Value | Level 1
Debt Instrument [Line Items]
Long-term debt, fair value	$ 1,809,739	$ 1,888,100

ACCRUED LIABILITIES (Details)

ACCRUED LIABILITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Gaming liabilities	$ 198,592	$ 177,557
Diamond Sports Group non-cash liability	202,572	144,883
Bally’s Chicago - land development liability	0	47,739
Compensation	74,828	83,112
Interest payable	45,608	66,587
Other	190,305	131,841
Total accrued and other current liabilities	$ 711,905	$ 651,719

RESTRUCTURING (Details)

RESTRUCTURING (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Jan. 18, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Restructuring Cost and Reserve [Line Items]
Percentage of positions expected to be eliminated	15%
Restructuring charges, net		$ (1,068)	$ 411	$ 17,921	$ 20,673
Total restructuring charges		(1,068)	411	98,038	20,673
Retail Casinos
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net		34		20,037	0
Accelerated depreciation expense		0		80,117
International Interactive [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net		(849)	325	(794)	11,252
North America Interactive [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net		(253)	86	(1,732)	7,733
Corporate Segment and Other Operating Segment
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net		$ 0	$ 0	$ 410	$ 1,688

RESTRUCTURING - Restructuring C

RESTRUCTURING - Restructuring Charges and Reserve (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Jan. 18, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Business Acquisition [Line Items]
Percentage of positions expected to be eliminated	15%
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance				$ 5,291
Restructuring charges, net		$ (1,068)	$ 411	17,921	$ 20,673
Payments				(22,370)
Restructuring reserve, ending balance		$ 0		0
Restructuring Reserve, Foreign Currency Translation Gain (Loss)				$ (842)

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long Term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Oct. 01, 2021
Debt Instrument [Line Items]
Less: Unamortized original issue discount	$ (20,778)	$ (23,756)
Less: Unamortized deferred financing fees	(34,797)	(39,709)
Long-term debt, including current portion	3,670,938	3,662,635
Less: Current portion of Term Loan and Revolving Credit Facility	(19,450)	(19,450)
Long-term debt, net of discount and deferred financing fees, excluding current portion	3,651,488	3,643,185
Principal amount		200,000
Line of Credit | Term Loan Facility(1)
Debt Instrument [Line Items]
Long-term debt, gross	1,891,513	1,906,100
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	350,000	335,000
Line of Credit | Line of Credit | USD EUR Exchange Future | Cross currency swaps
Debt Instrument [Line Items]
Derivative, amount of hedged item	$ 500,000
Line of Credit | Line of Credit | USD GBP Exchange Future | Cross currency swaps
Debt Instrument [Line Items]
Derivative, amount of hedged item			$ 200,000
Senior Notes | 5.625% Senior Notes due 2029
Debt Instrument [Line Items]
Interest rate	5.625%
Long-term debt, gross	$ 750,000	750,000
Senior Notes | 5.875% Senior Notes due 2031
Debt Instrument [Line Items]
Interest rate	5.875%
Long-term debt, gross	$ 735,000	$ 735,000

LONG-TERM DEBT - Additional Inf

LONG-TERM DEBT - Additional Information (Details) - USD ($) $ in Thousands			3 Months Ended		9 Months Ended
	Oct. 05, 2021	Oct. 01, 2021	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Aug. 05, 2021
Debt Instrument [Line Items]
Principal amount							$ 200,000
Gain (Loss) on Extinguishment of Debt			$ 0	$ 0	$ 0	$ 4,044
Senior Notes | New Credit Facilities
Debt Instrument [Line Items]
Principal amount		$ 2,565,000
Maximum capacity on line of credit		30%
Senior Notes | New Credit Facilities | Federal Funds Effective Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate		0.50%
Senior Notes | New Credit Facilities | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		1%
Senior Notes | Senior Notes Due 2029
Debt Instrument [Line Items]
Amount of original principal amount redeemable					40%
Amount of notes redeemable plus accrued and unpaid interest					105.625%
Senior Notes | Senior Notes Due 2029 | Subsidiaries
Debt Instrument [Line Items]
Interest rate								5.625%
Principal amount								$ 750,000
Senior Notes | Senior Notes Due 2031
Debt Instrument [Line Items]
Amount of original principal amount redeemable					40%
Amount of notes redeemable plus accrued and unpaid interest					105.875%
Repayments of Senior Debt	$ 15,000
Redemption price percentage	70.80%
Senior Notes | Senior Notes Due 2031 | Subsidiaries
Debt Instrument [Line Items]
Interest rate								5.875%
Principal amount								$ 750,000
Line of Credit | New Credit Facilities
Debt Instrument [Line Items]
Commitment increase limit		$ 650,000
Commitment increase limit, EBITDA		100%
Term Loan Facility(1) | New Credit Facilities
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%
Principal amount		$ 1,945,000
Debt Instrument, Interest Rate Floor		0.50%
Revolving Credit Facility | New Credit Facilities
Debt Instrument [Line Items]
Basis spread on variable rate		1%
Principal amount		$ 620,000
Debt Instrument, Interest Rate Floor		0%
Revolving Credit Facility | New Credit Facilities | Minimum
Debt Instrument [Line Items]
Commitment fee		0.50%
Revolving Credit Facility | New Credit Facilities | Maximum
Debt Instrument [Line Items]
Commitment fee		0.375%
Term Loan Facility(1) | Line of Credit
Debt Instrument [Line Items]
Long-term debt, gross			1,891,513		$ 1,891,513		1,906,100
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Long-term debt, gross			$ 350,000		$ 350,000		$ 335,000

LEASES - Additional Information

LEASES - Additional Information (Details)					3 Months Ended		9 Months Ended
	Jul. 11, 2024 USD ($)	Jan. 03, 2023 USD ($)	Nov. 18, 2022 renewalTerm	Apr. 13, 2021 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Jun. 03, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Lease liability					$ 1,368,234,000		$ 1,368,234,000		$ 1,200,000,000
Right of use assets, net					1,262,322,000		1,262,322,000		1,160,288,000
Loss (gain) on sale-leaseback					150,000,000	$ 0	150,000,000	$ (374,321,000)
Future operating lease payments					87,700,000		87,700,000
Debt Instrument, Term			99 years
Debt Instrument, Number Of Renewal Options | renewalTerm			10
Debt Instrument, Renewal Term, Period			20 years
Land									200,000,000
Principal amount									200,000,000
Repayments of Secured Debt					3,100,000	4,300,000	12,400,000	13,000,000
Derecognition					200,000,000	0	200,000,000	0
Unrecorded unconditional purchase obligation	$ 735,000,000
Lease, liability	395,000,000
Lease not yet commenced, annual rent expense	32,200,000
Lease not yet commenced, annual rent expense	58,800,000
Current portion of lease liabilities					60,178,000		60,178,000		$ 54,842,000
Operating Lease, Lease Income					$ 41,700,000	$ 56,700,000	$ 118,000,000	$ 155,500,000
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]							Revenue
Land
Lessee, Lease, Description [Line Items]
Property, plant and equipment, dispositions					350.0 million
Financing Lease, Lease Not Yet Commenced
Lessee, Lease, Description [Line Items]
Unrecorded unconditional purchase obligation					$ 6,500,000		$ 6,500,000
Bally's Chicago Operating Company, LLC ("Chicago MLA")
Lessee, Lease, Description [Line Items]
Lease not yet commenced, annual rent expense	$ 20,000,000
Lease not yet commenced, discount rate	8.50%
Lease not yet commenced, term of contract	15 years
Bally's Chicago Operating Company, LLC ("Chicago MLA") | Financing Lease, Lease Not Yet Commenced
Lessee, Lease, Description [Line Items]
Unrecorded unconditional purchase obligation	$ 940,000,000
GLP Capital, L.P.
Lessee, Lease, Description [Line Items]
Payments to Acquire Real Estate		$ 625,400,000
Tropicana Las Vegas Hotel and Casino
Lessee, Lease, Description [Line Items]
Term of contract (in years)										50 years
Annual minimum payment				$ 10,500,000
Tropicana Las Vegas Hotel and Casino | Maximum
Lessee, Lease, Description [Line Items]
Term of contract (in years)		99 years
GLPI Master Lease [Member]
Lessee, Lease, Description [Line Items]
Term of contract (in years)										15 years
Number of renewal terms										4
Renewal term (in years)					5 years		5 years
Annual minimum payment							$ 100,500,000
Increase (Decrease) In Lessee, Operating Lease, Annual Minimum Payment		$ 48,500,000
Tropicana Las Vegas Hotel and Casino
Lessee, Lease, Description [Line Items]
Payments for (proceeds from) tenant allowance					$ 48,600,000
Increase (Decrease) In Lessee, Operating Lease, Annual Minimum Payment					$ 4,100,000

LEASES - Quantitative Informati

LEASES - Quantitative Information of Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Lease, Cost [Abstract]
Operating lease cost	$ 38,847	$ 37,695	$ 113,135	$ 111,470
Variable lease cost	3,216	2,668	8,825	7,503
Operating lease expense	42,063	40,363	121,960	118,973
Short-term lease expense	5,950	3,642	17,438	9,753
Total lease expense	48,013	44,005	139,398	128,726
Cash paid for amounts included in the lease liability - operating cash flows from operating leases	33,686	32,552	98,191	97,544
Right of use assets obtained in exchange for operating lease liabilities	192,085	1,748	192,716	405,407
Derecognition of financing obligation	$ (200,000)	$ 0	$ (200,000)	$ 0

LEASES - Supplemental Balance S

LEASES - Supplemental Balance Sheet Information (Details)	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Weighted average remaining lease term	28 years 8 months 12 days	17 years 7 months 6 days
Weighted average discount rate	8.30%	7.50%

LEASES - Future Minimum Rental

LEASES - Future Minimum Rental Commitments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Remaining 2024	$ 45,280
2025	163,500
2026	163,310
2027	157,982
2028	160,063
Thereafter	3,476,622
Total lease payments	4,166,757
Less: present value discount	(2,798,523)
Lease obligations	$ 1,368,234	$ 1,200,000

STOCKHOLDERS_ EQUITY - Addition

STOCKHOLDERS’ EQUITY - Additional Information (Details)	1 Months Ended	3 Months Ended			9 Months Ended
	May 10, 2021 USD ($) shares	Sep. 30, 2023 shares	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($) $ / shares shares	Dec. 31, 2023 shares	Apr. 20, 2021 USD ($) $ / shares shares
Class of Stock [Line Items]
Stock repurchase program approved (up to) | $					$ 700,000,000
Available amount remaining under capital return program | $					$ 95,500,000
Number of common shares repurchased						1,774,845
Total cost | $			$ 10,705,000	$ 19,753,000		$ 30,458,000
Average cost per share, including commissions | $ / shares						$ 17.16
Treasury shares retired (in shares)		40,451				1,778,916
Treasury stock (in shares)					0
Cash dividend amount | $					$ 0
Common stock price (in dollars per share) | $ / shares								$ 55
Number of common shares called by warrant (in shares)								909,090
Aggregate purchase price | $								$ 50,000,000
Exercise price of warrants (in dollars per share) | $ / shares								$ 55
Maximum amount of outstanding common shares to be acquired								0.049
Common stock issued (in shares)					40,653,346		39,973,202
Common stock outstanding (in shares)					40,653,346		39,973,202
Preferred stock authorized (in shares)					10,000,000
Preferred stock, shares issued (in shares)					0		0
Warrant
Class of Stock [Line Items]
Common shares exchanged for warrants (in shares)	2,086,908
Public Stock Offering
Class of Stock [Line Items]
Shares issued in public offering (in shares)	12,650,000
Net proceeds from offering | $	$ 671,400,000

STOCKHOLDERS_ EQUITY - Shares O

STOCKHOLDERS’ EQUITY - Shares Outstanding (Details) - $ / shares	Sep. 30, 2024	Apr. 20, 2021	Nov. 18, 2020
Class of Warrant or Right [Line Items]
Number of incremental shares outstanding	14,477,733
Exercise price of warrants (in dollars per share)		$ 55
Sinclair
Class of Warrant or Right [Line Items]
Options (in shares)	1,639,669
Exercisable term			7 years
Equity Incentive Plan
Class of Warrant or Right [Line Items]
Outstanding awards under Equity Incentive Plans (in shares)	1,594,249
Penny Warrant
Class of Warrant or Right [Line Items]
Exercise price of warrants (in dollars per share)			$ 0.01
Penny Warrant | Sinclair
Class of Warrant or Right [Line Items]
Warrants (in shares)	7,911,724
Performance Warrant
Class of Warrant or Right [Line Items]
Exercise price of warrants (in dollars per share)			0.01
Performance Warrant | Sinclair
Class of Warrant or Right [Line Items]
Warrants (in shares)	3,279,337
Option on Securities | Minimum
Class of Warrant or Right [Line Items]
Exercise price of warrants (in dollars per share)			30
Option on Securities | Minimum | Sinclair
Class of Warrant or Right [Line Items]
Exercise price of warrants (in dollars per share)			30
Option on Securities | Maximum
Class of Warrant or Right [Line Items]
Exercise price of warrants (in dollars per share)			45
Option on Securities | Maximum | Sinclair
Class of Warrant or Right [Line Items]
Exercise price of warrants (in dollars per share)			$ 45
Monkey Knife Fight | Penny Warrant
Class of Warrant or Right [Line Items]
Warrants (in shares)	44,128
Telescope
Class of Warrant or Right [Line Items]
Contingent shares (in shares)	8,626

SHAREHOLDERS_ EQUITY - Accumula

SHAREHOLDERS’ EQUITY - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 635,854	$ 806,247
Ending balance	233,843	897,067
AOCI Attributable to Parent
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(209,558)	(295,640)
Other comprehensive income (loss) before reclassifications	60,682	6,177
Reclassifications from accumulated other comprehensive income (loss) to earnings	12,848	831
Tax effect	21,479	(1,010)
Ending balance	(140,245)	(291,304)
Foreign Currency Translation Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(177,203)	(295,984)
Other comprehensive income (loss) before reclassifications	103,342	1,532
Reclassifications from accumulated other comprehensive income (loss) to earnings	0	0
Tax effect	0	0
Ending balance	(73,861)	(294,452)
Benefit Plans
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	886	344
Other comprehensive income (loss) before reclassifications	0	0
Reclassifications from accumulated other comprehensive income (loss) to earnings	0	0
Tax effect	0	0
Ending balance	886	344
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(11,246)	0
Other comprehensive income (loss) before reclassifications	(26,507)	3,970
Reclassifications from accumulated other comprehensive income (loss) to earnings	9,678	443
Tax effect	8,805	(934)
Ending balance	(38,626)	2,593
Cash flow hedge gain (loss) to be reclassified within 12 months	6,800
Net Investment Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(21,995)	0
Other comprehensive income (loss) before reclassifications	(16,153)	675
Reclassifications from accumulated other comprehensive income (loss) to earnings	3,170	388
Tax effect	12,674	(76)
Ending balance	$ (28,644)	$ 211

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Nov. 18, 2020
Loss Contingencies [Line Items]
Gain (Loss) from Litigation Settlement	$ 202.6
Capital expenditures period	5 years
Contractual Obligation	$ 129.8
Capital expenditures, Bally's Atlantic City
Loss Contingencies [Line Items]
Commitments calls for expenditures in years one through three	85
Commitments calls for expenditures in years four and five	15
Interactive Technology Commitments
Loss Contingencies [Line Items]
Contractual Obligation	54.7
Bally’s Atlantic City
Loss Contingencies [Line Items]
Capital expenditures, committed amount	0	$ 100
Capital expenditures, committed amount, hotel		35
Capital expenditures, committed amount, non-hotel projects		65
Bally's Rhode Island
Loss Contingencies [Line Items]
Capital expenditures, committed amount	48.2	$ 100
Bally's Chicago
Loss Contingencies [Line Items]
Capital expenditures, committed amount	$ 1,340

SEGMENT REPORTING - Narrative (

SEGMENT REPORTING - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 Property	Sep. 30, 2023	Sep. 30, 2024 segment Property	Sep. 30, 2023
Segment Reporting Information [Line Items]
Number of operating segments | segment			3
Number of reporting segments | segment			3
Number Of Casino And Resort Properties	15		15
Number Of Horse Race Tracks	1		1
Number Of Golf Courses	1		1
Disclosure on Geographic Areas, Description of Revenue from External Customers			For geographical reporting purposes, revenue generated outside of the US has been aggregated into the International Interactive reporting segment, and consists primarily of revenue from the UK and Japan. Revenue generated from the UK and Japan represented approximately 28% and 6% of total revenue, respectively, for the three months ended September 30, 2024, approximately 25% and 11%, respectively, for the three months ended September 30, 2023, approximately 27% and 8%, respectively, for the nine months ended September 30, 2024, and approximately 25% and 11%, respectively, for the nine months ended September 30, 2023.
UNITED KINGDOM | Revenue Benchmark | Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	28%	25%	27%	25%
JAPAN | Revenue Benchmark | Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	6%	11%	8%	11%

SEGMENT REPORTING - Schedule of

SEGMENT REPORTING - Schedule of Financials by Segment (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Revenue	$ 629,974			$ 632,477			$ 1,870,113	$ 1,837,403
Adjusted EBITDAR	166,333			173,217			476,247	492,168
Depreciation and amortization	(77,800)			(77,487)			(316,328)	(231,235)
Transaction costs	(19,788)			(20,953)			(39,123)	(59,405)
Restructuring	1,068			(411)			(17,921)	(20,673)
Tropicana Las Vegas demolition costs	(19,643)			0			(31,904)	0
Share-based compensation	(4,099)			(6,257)			(11,629)	(18,587)
(Loss) gain on sale-leaseback, net	(150,000)			0			(150,000)	374,321
Impairment charges	0			0			(12,757)	(9,653)
Merger agreement costs	(9,802)			0			(11,791)	0
Other	(8,989)			721			(15,923)	(12,834)
Income (loss) from operations	(157,655)			37,236			(226,037)	419,950
Interest expense, net of interest income	(73,975)			(70,630)			(221,306)	(200,987)
Other	(49,854)			15,528			(38,370)	24,949
Total other expense, net	(123,829)			(55,102)			(259,676)	(176,038)
(Loss) income before income taxes	(281,484)			(17,866)			(485,713)	243,912
(Benefit) provision for income taxes	33,629			(43,936)			3,748	(153,029)
Net Income (Loss)	(247,855)	$ (60,196)	$ (173,914)	(61,802)	$ (25,651)	$ 178,336	(481,965)	90,883
Accounts receivable, credit loss expense (reversal)	6,333			0			6,333	0
Proceeds from supplier	5,100
Capital Expenditures	92,316			146,685			155,757	266,231
Segment Reporting, Reconciling Item, Corporate Nonsegment
Segment Reporting Information [Line Items]
Adjusted EBITDAR	(13,163)			(12,883)			(40,377)	(46,687)
Segment, expenditure, addition to long-lived assets	70,576			105,943			108,765	162,572
GLPI
Segment Reporting Information [Line Items]
Operating leases, rent expense, net	(28,602)			(31,594)			(88,575)	(94,152)
Ball's Chicago | Segment Reporting, Reconciling Item, Corporate Nonsegment
Segment Reporting Information [Line Items]
Segment, expenditure, addition to long-lived assets	70,300						108,300
Retail Casinos
Segment Reporting Information [Line Items]
Revenue	353,358			359,026			1,038,738	1,020,974
Restructuring	(34)						(20,037)	0
Retail Casinos | Operating Segments
Segment Reporting Information [Line Items]
Adjusted EBITDAR	100,442			118,184			289,661	334,312
Segment, expenditure, addition to long-lived assets	20,768			40,206			44,973	99,908
International Interactive [Member]
Segment Reporting Information [Line Items]
Revenue	230,937			243,884			695,016	737,230
Restructuring	849			(325)			794	(11,252)
Merger agreement costs							0	(1,200)
International Interactive [Member] | Operating Segments
Segment Reporting Information [Line Items]
Adjusted EBITDAR	90,030			85,477			254,854	250,352
Segment, expenditure, addition to long-lived assets	86			457			444	2,114
North America Interactive [Member]
Segment Reporting Information [Line Items]
Revenue	45,679			29,567			136,359	79,199
Restructuring	253			(86)			1,732	(7,733)
North America Interactive [Member] | Operating Segments
Segment Reporting Information [Line Items]
Adjusted EBITDAR	(10,976)			(17,561)			(27,891)	(45,809)
Segment, expenditure, addition to long-lived assets	$ 886			$ 79			$ 1,575	$ 1,637

SEGMENT REPORTING - Schedule _2

SEGMENT REPORTING - Schedule of Goodwill by Segment (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Segment Reporting Information [Line Items]
Goodwill	$ 1,993,809	$ 1,935,803
Goodwill, Foreign Currency Translation Gain (Loss)	58,200
Casinos & Resorts [Member]
Segment Reporting Information [Line Items]
Goodwill	313,285	313,493
Goodwill, Impaired, Accumulated Impairment Loss	5,400
International Interactive [Member]
Segment Reporting Information [Line Items]
Goodwill	1,644,774	1,586,590
North America Interactive [Member]
Segment Reporting Information [Line Items]
Goodwill	35,750	$ 35,720
Goodwill, Impaired, Accumulated Impairment Loss	$ 140,400

EARNINGS (LOSS) PER SHARE (Deta

EARNINGS (LOSS) PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Net (loss) income	$ (247,855)	$ (61,802)	$ (481,965)	$ 90,883
Weighted average shares outstanding, basic (in shares)	48,596,000	53,580,000	48,405,000	53,961,000
Weighted average effect of dilutive securities (in shares)	0	0	0	315,000
Weighted average shares outstanding, diluted (in shares)	48,596,000	53,580,000	48,405,000	54,276,000
Earnings Per Share, Basic and Diluted [Abstract]
Basic (in dollars per share)	$ (5.10)	$ (1.15)	$ (9.96)	$ 1.68
Diluted (in dollars per share)	$ (5.10)	$ (1.15)	$ (9.96)	$ 1.67
Share-based awards considered to be anti-dilutive (in shares)	4,927,900	5,152,994	5,108,453	5,235,978

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event € in Millions	Oct. 31, 2024 EUR (€)
Subsequent Event [Line Items]
Carve out	5 years
Royalty guarantees, obligation period	7 years
Consideration	€ 30
Ownership percentage in disposed asset	19.90%