Bally's closes $400M financing for Bronx casino development

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Go back to Bally's closes $400M financing for Bronx casino development

Bally’s Corporation Closes Previously Announced Financing to Support the Development of the Bally’s Bronx Project

October 2, 2026 8:00 AM EDT

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Ballys Corporation (NYSE: BALY) (Ballys or the Company) announced today that it closed the previously announced financing led by WhiteHawk Capital Partners, LP. The Company received initial funding of term loans in an aggregate principal amount of $400 million, the proceeds of which will be used to pay certain pre-construction costs and expenditures associated with the development of the Ballys Bronx project, with a portion applied to general corporate purposes, including payment of transaction fees and expenses incurred at closing. Additional delayed draw term loan commitments in an... More