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REVENUE RECOGNITION (Tables) | 12 Months Ended
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Dec. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Non-gaming Revenue Performance Obligations Hotel, food and beverage, licensing, and retail, entertainment and other services have been determined to be separate, stand- alone performance obligations and revenue is recognized as the good or service is transferred at the point in time of the transaction. Technology services contracts involve the Company using its software to provide services related to customers’ lottery, VLT, and sports betting operations. The Company will also provide related hardware and support services. Technology services contracts can contain multiple performance obligations, including a performance obligation to stand ready to provide access to the software throughout the contract term and distinct performance obligations for sales of related hardware and implementation, customization, maintenance, and technical support services. Transaction Price The transaction price for hotel, food and beverage, licensing, and retail, entertainment and other, is the net amount collected from the customer for such goods and services or under the license agreement. The estimated standalone selling price of hotel rooms is determined based on observable prices. The standalone selling price of these goods and services are determined based upon the actual retail prices charged to customers for those items. The transaction price for technology services contracts is primarily variable and is generally based on either (i) a monthly fee per enrolled machine, (ii) a percentage of gross revenue, or (iii) a percentage of net drop, which represents total amounts wagered less winnings and payouts to players. Revenue Recognition Hotel revenue is recognized when the customer obtains control through occupancy of the room over their stay at the hotel. Advance deposits for hotel rooms are recorded as liabilities until revenue recognition criteria are met. Food, beverage and retail revenues are recognized at the time the goods are sold from Company-operated outlets. Licensing revenue is recognized under the sales-and usage-based royalty exception available in ASC 606 for licenses of intellectual property whereby revenue is recognized in the period that the underlying sale or usage occurs as the fees due to the Company are contingent and based on the customer’s usage of the intellectual property. Technology services revenues from the use of the Company’s software to provide services to customers are recognized over time as the variability is resolved. Other revenue includes cancellation fees for hotel and meeting space services, which are recognized upon cancellation by the customer, and golf revenues from the Company’s operations of Bally’s Golf Links, which are recognized at the time of sale. Additionally, other revenue includes market access and business-to-business service revenue generated by the Bally's Intralot B2B and North America Interactive reportable segments, which is recognized at the time the goods are sold or the service is provided, and are included in Non- gaming revenue within our consolidated statements of operations. The following table provides a disaggregation of total revenue by segment (in thousands):
| Casinos & Resorts |  | Bally's Intralot B2B |  | Bally's Intralot B2C |  | North America Interactive |  | Corporate & Other |  | Total
Period from February 8, 2025 to December 31, 2025 (Successor) |  |  |  |  |  |  |  |  |  |  |
Gaming | $1,072,888 |  | $— |  | $749,651 |  | $166,915 |  | $— |  | $1,989,454
Non-gaming: |  |  |  |  |  |  |  |  |  |  |
Hotel | 119,409 |  | — |  | — |  | — |  | — |  | 119,409
Food and beverage | 125,877 |  | — |  | — |  | — |  | — |  | 125,877
Licensing | — |  | 20,880 |  | — |  | — |  | — |  | 20,880
Technology Services | — |  | 64,369 |  | — |  | — |  | — |  | 64,369
Retail, entertainment and other | 64,264 |  | 12,105 |  | 3,345 |  | 29,395 |  | 7,091 |  | 116,200
Total non-gaming revenue | 309,550 |  | 97,354 |  | 3,345 |  | 29,395 |  | 7,091 |  | 446,735
Total revenue | $1,382,438 |  | $97,354 |  | $752,996 |  | $196,310 |  | $7,091 |  | $2,436,189
Period from January 1, 2025 to February 7, 2025 (Predecessor) |  |  |  |  |  |  |  |  |  |  |
Gaming | $95,984 |  | $— |  | $74,849 |  | $14,934 |  | $— |  | $185,767
Non-gaming: |  |  |  |  |  |  |  |  |  |  |
Hotel | 11,006 |  | — |  | — |  | — |  | — |  | 11,006
Food and beverage | 11,304 |  | — |  | — |  | — |  | — |  | 11,304
Licensing | — |  | 3,720 |  | — |  | — |  | — |  | 3,720
Retail, entertainment and other | 6,005 |  | — |  | 416 |  | 2,007 |  | 273 |  | 8,701
Total non-gaming revenue | 28,315 |  | 3,720 |  | 416 |  | 2,007 |  | 273 |  | 34,731
Total revenue | $124,299 |  | $3,720 |  | $75,265 |  | $16,941 |  | $273 |  | $220,498
Year ended December 31, 2024 (Predecessor) |  |  |  |  |  |  |  |  |  |  |
Gaming | $1,008,361 |  | $— |  | $893,756 |  | $149,551 |  | $— |  | $2,051,668
Non-gaming: |  |  |  |  |  |  |  |  |  |  |
Hotel | 148,693 |  | — |  | — |  | — |  | — |  | 148,693
Food and beverage | 134,853 |  | — |  | 360 |  | — |  | — |  | 135,213
Licensing | — |  | 6,861 |  | — |  | — |  |  |  | 6,861
Retail, entertainment and other | 71,206 |  | — |  | 8,516 |  | 20,766 |  | 7,555 |  | 108,043
Total non-gaming revenue | 354,752 |  | 6,861 |  | 8,876 |  | 20,766 |  | 7,555 |  | 398,810
Total revenue | $1,363,113 |  | $6,861 |  | $902,632 |  | $170,317 |  | $7,555 |  | $2,450,478
Contract with Customer, Contract Liabilities | Liabilities related to contracts with customers as of December 31, 2025 (Successor) and 2024 (Predecessor) were as follows:
| Successor |  |  | Predecessor
| December 31, 2025 |  |  | December 31, 2024
Unpaid wagers | $60,238 |  |  | $32,992
Advanced deposits from customers | 27,512 |  |  | 26,141
Loyalty programs | 10,519 |  |  | 12,167
Total | $98,269 |  |  | $71,300

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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