Bally's layoffs, on the record
Every job cut, severance charge and restructuring Bally's reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 10,500 to approximately 11,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 10,500 | December 31, 2023 |
| 10-K for 2024 | approximately 10,000 | December 31, 2024 |
| 10-K for 2025 | approximately 11,700 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryAnnounced a restructuring plan for the Interactive business to reduce operating costs, including a reduction of the then current Interactive workforce by up to 15 percent.
Word for word“On January 18, 2023, the Company announced a restructuring plan of the Interactive business intended to reduce operating costs and continue the Company's commitment to achieving profitable operations in its North America Interactive segment which included a reduction of the Company's then current Interactive workforce by up to 15 percent.” 10-K for 2023
Our summaryExpanded the restructuring plan with further initiatives targeted at reshaping the technology used by the Interactive segments.
Word for word“In furtherance of and as an expansion of the January 2023 restructuring plan, on October 20, 2023, the Company announced further restructuring initiatives targeted at reshaping the technology utilized by its Interactive segments.” 10-K for 2023
Our summaryRecorded restructuring charges for employee severance and related benefits, plus impairment of technology no longer used.
Word for word“During the year ended December 31, 2023, the Company incurred restructuring charges of $ 31.0 million representing employee related severance costs as well as $ 5.7 million of impairment charges representing the impairment of certain technology which will no longer be utilized.” 10-K for 2023
Our summaryReported restructuring-related liability remaining at year end, included in accrued liabilities.
Word for word“The restructuring liability as of December 31, 2023 is included within "Accrued liabilities" on the consolidated balance sheets.” 10-K for 2023
Our summaryThe company announced a 2023 restructuring plan for its Interactive business that included reducing its Interactive workforce and reshaping technology; the 2023 severance and employee related charges are reported.
Word for word“In, 2023, the Company announced a restructuring plan of the Interactive business intended to reduce operating costs and continue the Company’s commitment to achieving profitable operations in its North America Interactive segment, which included a reduction of the Company’s then current Interactive workforce, and reshaping the technology utilized by both of its Interactive segments.” 10-K for 2024
Our summaryThe company announced it would cease operations at the Tropicana Las Vegas property, with severance costs and accelerated depreciation recorded as restructuring charges.
Word for word“During 2024, the Company announced that it would cease its operations at the Tropicana Las Vegas on April 2, 2024 in order to redevelop the site with a state-of-the-art integrated resort and ballpark.” 10-K for 2024
Our summaryThe company recorded employee-related severance costs in its Casinos & Resorts segment for closing the Tropicana Las Vegas casino in 2024.
Word for word“(1) For the year ended December 31, 2024 (Predecessor), includes $ 20.0 million of employee-related severance costs within the Company’s Casinos & Resorts reportable segment related to the closure of its Tropicana Las Vegas casino on April 4, 2024.” 10-K for 2025
Our summaryThe company recorded restructuring charges for severance and employee benefits tied to Interactive business restructuring and the Tropicana Las Vegas closure.
Word for word“(4) Restructuring charges representing the severance and employee related benefits related to the announced Interactive business restructuring initiatives and the closure of the Company’s Tropicana Las Vegas property on April 2, 2024 (Predecessor).” 10-K for 2025
Our summaryThe company recorded reorganization costs tied to the Merger, the Intralot acquisition and other restructuring initiatives in the successor period of 2025.
Word for word“(11) Ot her includes the fol lowing items in the Successor period from February 8, 2025 to December 31, 2025 : (i) a provision for credit loss of $17.1 million related on the term loan receivable related to the sale of the Carved-Out Business in 2024, (ii) reorganization costs in connection with the Merger, Intralot acquisition and other restructuring initiatives of $15.3 million , (iii) Oracle ERP non-capitalizable implementation costs of $8.5 million , and (iv) other individually de minimis expenses.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2018-12-31 | — | $0 | — |
| 2019-12-31 | — | $1.3 million | $1.2 million |
| 2020-12-31 | — | $20,000 | $43,000 |
| 2021-12-31 | — | $0 | $753,000 |
| 2022-12-31 | $0 | $0 | — |
| 2023-12-31 | $31 million | $36.8 million | $26.6 million |
| 2024-12-31 | $17.9 million | $20 million | $22.4 million |
| 2025-12-31 | $0 | — | — |
Bally's filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Bally's’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.