HENDERSON, Ky. (WEHT) – Bally’s Corporation is doing what it can to ensure investors and customers it is in solid financial shape. In recent FTC filings, the casino operator said there is substantial doubt about its ability to continue operating over the next year.
A Bally’s spokesperson says the language used was a forward-looking technical accounting analysis and should be understood in that context. The spokesperson also says if needed, the company has assets it can use to meet future obligations.
Bally’s stock dropped about 30% after the announcement…