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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 1 Months Ended 8 Months Ended 9 Months Ended
Feb. 07, 2025
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:      
Net loss $ (51,024) $ (300,119) $ (481,965)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 22,343 197,584 316,328
Non-cash amortization of right of use assets 7,228 57,902 43,546
Share-based compensation 1,954 7,028 11,629
Impairment charges 0 0 12,757
Non-cash amortization of debt discount and debt issuance costs 1,004 58,286 8,730
Loss on sale-leaseback 0 0 150,000
Loss on extinguishment of debt 0 17,372 0
Deferred income taxes (3,010) 17,174 (9,401)
Change in fair value of fair value option assets 0 (55,598) 0
(Income) loss from equity method investments 594 (7,877) 284
Foreign exchange (gain) loss (194) 37,044 26,447
Other operating activities 3,511 23,838 23,507
Changes in operating assets and liabilities (62,592) (82,444) (25,685)
Net cash provided by (used in) operating activities (80,186) (29,810) 76,177
Cash flows from investing activities:      
Cash paid for acquisitions, net of cash acquired 0 21,233 208
Proceeds from net investment hedges 0 0 3,274
Cash paid for shares in Intralot 0 (13,799) 0
Cash paid for The Star Investment 0 (83,720) 0
Capital expenditures (16,424) (130,155) (155,757)
Cash paid for capitalized software (2,315) (26,087) (36,134)
Acquisition of gaming licenses 0 (2,000) (1,657)
Other investing activities 1,042 (1,182) (1,015)
Net cash used in investing activities (17,697) (235,710) (191,081)
Cash flows from financing activities:      
Issuance of long-term debt 97,000 1,275,000 310,000
Repayments of long-term debt (10,000) (591,349) (309,588)
Deferred payables 11,064 42,249 81,666
Cash paid for repurchased shares 0 (416,180) 0
Payment of financing fees 0 (21,326) 0
Bally’s Chicago Inc. issuance 0 18,132 0
Other financing activities (76) (5,619) (6,372)
Net cash provided by financing activities 97,988 300,907 75,706
Effect of foreign currency on cash and cash equivalents and restricted cash (457) (26,376) 4,472
Net change in cash and cash equivalents and restricted cash (352) 9,011 (34,726)
Cash and cash equivalents and restricted cash, beginning of period 231,254 230,902 315,262
Cash and cash equivalents and restricted cash, end of period 230,902 239,913 280,536
Supplemental disclosure of cash flow information:      
Cash paid for interest, net of amounts capitalized 39,069 243,341 256,161
Income taxes paid, net of refunds (73) 44,084 9,342
Non-cash investing and financing activities:      
Unpaid property and equipment 15,772 7,587 23,083
Unpaid capitalized software 6,158 1,685 2,040
Consideration receivable from sale of assets to GLP 0 134,790 0
Intralot shares received as settlement of loan receivable 0 46,905 0
Company Merger      
Non-cash investing and financing activities:      
Consideration issues 0 955,647 0
Queen      
Non-cash investing and financing activities:      
Consideration issues $ 0 $ 555,751 $ 0