New York City: Bally’s lands $560M in new financing to keep its casino project moving ahead

Facing money challenges across three states where it is building new casinos, Bally’s Corp. said Monday it has secured over a half-billion dollars in new financing to ensure its New York City project — the one that poses the greatest threat to Atlantic City — keeps moving forward.

The financing consists of $400 million worth of loans, followed by an additional $160 million in loans from WhiteHawk Capital Partners LP…

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