Bally's gets credit downgrade for 'execution risk' on Chicago casino
Potentially lowering Bally’s odds of maxing out its River West jackpot are “a saturated Chicago gaming market, the ...
Fitch downgrades Bally’s rating again over Chicago casino risks
Fitch Ratings dinged the gaming company’s score from B to B-, citing competition and high taxes for its proposed Chicago ...
Crain's Chicago Business4d
Fitch downgrades Bally's, citing 'execution risk' at Chicago casino
Bally's faces hurdles such as a saturated Chicago gaming market, a higher-than-average gaming tax rate and the typical ramp-up of a new casino development.
The Real Deal17d
Bally’s paves $195M workaround as diversity fundraising stalls
This summary is reviewed by TRD Staff. Bally's is pursuing a $195 million private share sale for its Chicago casino project after the SEC halted a $250 million IPO aimed at women and minority ...
Yogonet4d
Bally’s credit rating downgraded as Chicago casino faces financial, market challenges
Bally’s Corp. has been downgraded by Fitch Ratings from ‘B’ to ‘B-’, citing high debt levels, execution risks tied to its ...
Crain's Chicago Business16d
Bally's selling $195 million in private shares as casino IPO remains stalled
Bally’s is selling $195 million in private shares as it awaits approval for a separate plan to raise capital through women and minority investors for its Chicago casino. Bally’s Chicago ...
New York Post19d
Bally’s offers Bronx residents ownership in planned casino
Kim is using the same economic model at his Chicago casino that is expected to open in 2026. Bally’s operates a free shuttle bus service between Ferry Point and other parts of the Bronx.
Bally’s Corporation IDR downgraded by Fitch Ratings due to high leverage
The Negative Outlook underscores leverage concerns, with Bally’s operating near Fitch’s 8.0x downgrade sensitivities. Fitch calculated Bally’s 2024 EBITDAR leverage at 7.0x, which is expected to rise ...