Bally’s Corporation Files Confidential Draft Registration For Proposed IPO of Ownership Interests Of Bally’s Chicago To Chicago Residents

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The number of ownership interests to be offered, the terms thereof and the price range for the proposed offering have not yet been determined. The initial public offering is expected to occur after the SEC completes its review process, subject to market and other conditions.

There can be no assurance that the confidential submission of a draft registration statement on Form S-1 will result in any transaction or other action by Bally’s. Bally’s does not intend to comment on or provide updates regarding these matters unless and until it determines that further disclosure is appropriate or required based on the then-current facts and circumstances.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.