Soohyung Kim - Feb 7, 2025 Form 4 Insider Report for Bally's Corp (BALY)

Role: Director, 10%+ Owner
Signature: /s/ Soohyung Kim
Stock symbol: BALY
Transactions as of: Feb 7, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/11/2025, 06:00 PM
Previous filing: Jan 15, 2025
Next filing: Apr 2, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BALY	Common Stock	Award		-26.9M	-42.94%		35.8M	Feb 7, 2025	See Footnote	F1, F2
holding	BALY	Common Stock						28.8K	Feb 7, 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares represent shares received in exchange for shares of The Queen Casino & Entertainment Inc. ("Queen") in connection with the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of July 25, 2024, by and among the Issuer, SG Parent LLC, Queen and the other parties thereto.
F2	These shares are beneficially owned by Standard General L.P. ("Standard General") in its capacity as investment manager to private investment vehicles. Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein. Mr. Kim is also a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

Content

These shares represent shares received in exchange for shares of The Queen Casino & Entertainment Inc. ("Queen") in connection with the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of July 25, 2024, by and among the Issuer, SG Parent LLC, Queen and the other parties thereto.

These shares are beneficially owned by Standard General L.P. ("Standard General") in its capacity as investment manager to private investment vehicles. Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein. Mr. Kim is also a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.