Bally’s shares tumble as company raises ‘substantial doubt’ about debt covenants
Bally’s posted solid Q2 results, but investors were more concerned about the company’s debt disclosures. Shares in Bally’s Corp plummeted more than 25% in trading Monday, as investors appeared to respond negatively to debt disclosures included in the operator’s second-quarter 10-Q filing submitted to the Securities and Exchange Commission on 14 August. Bally’s said in the filing […]