Bally's (BALY) Investor update summary

Project progress and commitment

• Bally's Chicago remains on track to open in early 2027, with construction ongoing and approximately 1,000 skilled tradespeople currently working on the permanent resort.

• The project is expected to meet the $1.34 billion minimum capital commitment required under the agreement with the city.

• Bally's continues to work closely with the city, labor, regulators, and the community to deliver a world-class integrated casino and resort.

Construction sequencing and capital allocation

• In August, Bally's adjusted the sequencing of certain non-gaming development elements due to uncertainty from the legalization of video gaming terminals (VGTs) in Chicago.

• This adjustment is described as a disciplined capital allocation, not a pause or stoppage, and aligns with the requirements and timelines of the host community agreement (HCA).

• Bally's actions are intended to protect investor value and ensure all contractual obligations are met.

Investor relations and transparency

• Bally's will send direct correspondence to shareholders inviting them to tour the construction site and observe progress firsthand.

• The company emphasizes its ongoing commitment to transparency and engagement with investors and stakeholders.