Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
Market Information for Our Common Stock
Our common stock is listed on the NYSE under the symbol “BALY.”
Stock Performance Graph
The performance graph below compares the cumulative total return on our common stock to the cumulative total return of the
Standard & Poor’s 500 Stock Index (“S&P 500”) and the Dow Jones US Gambling Index. The performance graph assumes that
$100 was invested on December 31, 2020 in each of our common stock, the S&P 500 and the Dow Jones US Gambling Index,
and that all dividends were reinvested. The stock price performance shown in this graph is neither necessarily indicative of, nor
intended to suggest, future stock price performance.
*$100 invested on 12/31/20 in stock or index, including reinvestment of dividends.
Fiscal year ending December 31.
Copyright© 2026 Standard & Poor's, a division of S&P Global. All rights reserved.
Copyright© 2026 Russell Investment Group. All rights reserved.
Dividend Policy
We do not currently intend to pay any dividends on our common stock in the foreseeable future. Any future determinations
relating to our dividend policies will be made at the discretion of our Board and will depend on conditions then existing,
including our financial condition, results of operations, contractual restrictions, capital and regulatory requirements and other
factors our Board may deem relevant.
Holders
At February 28, 2026 , there were 6 holders of record of our common stock, although we believe there are a larger number of
beneficial owners of our common stock because many shares are held by brokers and other institutions on behalf of
shareholders. Standard General, our largest shareholder, beneficially owned 67.1% of our outstanding common stock as of
February 28, 2026 .
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Issuer Purchases of Equity Securities
On June 14, 2019, we announced that the Board approved a capital return program (the “Capital Return Program”) under which
we may expend a total of up to $250 million for a share repurchase program and payment of dividends. On February 10, 2020,
and October 4, 2021, the Board approved an additional $100 million and $350 million for stock repurchases and payment of
dividends, respectively. As of December 31, 2025 , $95.5 million was available for use under the Capital Return Program.
Share repurchases under publicly announced programs may be effected in various ways, which could include open-market or
private repurchase transactions, accelerated share repurchase programs, tender offers or other transactions. The amount, timing
and terms of any capital transactions will be determined based on prevailing market conditions and other factors and may be
suspended or discontinued at any time. There is no fixed time period to complete the capital returns.
During the fourth quarter of 2025, the Company did not make any repurchases of equity securities.
ITEM 6. [RESERVED]