Bally’s Extends Rhode Island Casino Sale Deadline to 2028 (Casino.org)

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Move likely in response to creditor consortium not approving deal Rhode Island casino essentially acting as collateral for financing extended for Bally’s Chicago integrated resort Bally’s secured some much-needed breathing room in its quest to sell the property assets of the Twin River Lincoln Casino Resort in Lincoln, RI, to Gaming and Leisure Properties (NASDAQ: GLPI), extending the deadline to finalize that transaction to 2028 from 2026. Bally’s Twin River Casino in Lincoln, RI. The company extended the deadline to sell the property to 2028. (Image: Bally’s Twin River Lincoln) Likely in response to a group of creditors balking at the deal, Bally’s noted in a new regulatory filing with the Securities and Exchange Commission (SEC) that the timeline to finish the sale has been pushed out two years. The Company is filing this Current Report on Form 8-K to voluntarily provide an update that on October 28, 2025, the Company, its applicable subsidiaries and GLP entered into an amendment…Read MoreCategory: Financial, Mergers and Acquisitions, Real Estate, Regional News, mergers and acquisitions, real estate, regional newsSource: Casino.org

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