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Bally’s secures $1.1bn financing package for projects and corporate purposes

Funding

Bally’s said it secured an amended financing package totalling $1.1bn, comprising a $600m initial term loan and a $500m delayed-draw loan. The delayed-draw proceeds will cover New York casino licensing fees and related costs, while the initial loan will support general corporate purposes and debt repayment; the transaction is expected to close in Q1 2026, subject to stated conditions.

The financing provides Bally’s with capital for New York licensing costs, debt repayment and general corporate purposes.

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Funding

OHID awards gambling harms groups more than £9.4m in UK funding

The Office for Health Improvement and Disparities awarded more than £9.4m to gambling harms organisations in the UK, according to a report. Recipients include Gambling with Lives, Gamban, GamLearn, Chapter One and Beacon Counselling Trust; the funding page puts total provision through 2028 at £39.7m.

The Office for Health Improvement and Disparities (OHID) has awarded more than £9.4m to gambling harms groups, following legal challenges to earlier funding decisions, according to the report.

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