v3.26.1

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets
Cash	$ 12,009	$ 14,519
Accounts receivable	64,802	1,470
Inventory	2,839	2,748
Prepaid expenses and other current assets	8,352	4,323
Due from related party (Bally's Corporation)	974	974
Total current assets	88,976	24,034
Property and equipment, net	35,274	172,747
Right of use assets, net	4,406	209,977
Goodwill	32,373	0
Intangible assets, net	280,699	186,221
Other assets	179,035	6,926
Total assets	620,763	599,905
Liabilities, Redeemable Non-controlling Interest, and Stockholders’ Deficit
Current portion of lease liabilities	4,595	4,323
Accounts payable	63,904	11,397
Accrued and other current liabilities	56,191	12,563
Promissory notes to related party (Bally's Corporation)	14,493	675,528
Due to related party (Bally's Corporation) (Note 3)	19,634	416
Total current liabilities	158,817	704,227
Long-term portion of lease liabilities	94	206,297
Subordinated loans due to related party (Bally’s Corporation) (Note 3)	77,625	0
Deferred tax liability	2,934	0
Other long-term liabilities	4,437	0
Total liabilities	243,907	910,524
Commitments and contingencies (Note 13)
Redeemable non-controlling interest	511,767	0
Stockholders’ deficit:
Additional paid-in-capital	82,165	974
Accumulated deficit	(217,076)	(311,593)
Total Bally’s Chicago Inc. stockholders’ deficit	(134,911)	(310,619)
Total liabilities, redeemable non-controlling interest, and stockholders’ deficit	620,763	599,905
Common Stock
Stockholders’ deficit:
Common stock value	0	0
Common Class A and B
Stockholders’ deficit:
Common stock value	$ 0	$ 0

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Bally's Chicago, Inc. 10-K