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Bally’s Extends Credit Agreement and Plans Asset Sale

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Bally’s Extends Credit Agreement and Plans Asset Sale

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Bally’s Corporation ( (BALY) ) has issued an announcement.

On September 11, 2025, Bally’s Corporation amended its Credit Agreement to extend the maturity of $460 million in revolving commitments to 2028 and adjust financial covenants. The amendment also facilitates a $735 million sale and leaseback transaction of its Twin River Lincoln Casino Resort, contingent on lender consents and regulatory approvals, with plans to reduce $500 million in secured indebtedness post-transaction.

The most recent analyst rating on (BALY) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.

Spark’s Take on BALY Stock

According to Spark, TipRanks’ AI Analyst, BALY is a Neutral.

Bally’s Corporation’s overall score reflects its financial challenges, notably negative profitability and high leverage, which weigh heavily on the stock. While there are positive signs in technical analysis and growth in specific segments, valuation concerns and operational headwinds in key areas temper the outlook. Improvement in financial performance and strategic execution are critical for enhancing the stock’s attractiveness.

To see Spark’s full report on BALY stock, click here.

More about Bally’s Corporation

Bally’s Corporation operates in the gaming and entertainment industry, providing casino and resort services. The company focuses on expanding its market presence through strategic transactions and financial restructuring.

Average Trading Volume: 92,169

Technical Sentiment Signal: Strong Sell

Current Market Cap: $491.2M

Learn more about BALY stock on TipRanks’ Stock Analysis page.

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