Risk Factors Update Summary
- Subject to extensive environmental regulation, creating uncertainty regarding future environmental expenditures and liabilities.
- Identified material weaknesses in internal control over financial reporting as of December 31, 2023.
- Increased total indebtedness outstanding to approximately $3.73 billion as of December 31, 2023.
- Expanded business model may negatively affect results and stock price.
- Collective bargaining agreements covering 32 employees as of December 31, 2023, up from 29.
- Proposed acquisition of all Bally's common stock not owned by Standard General at $15.00 per share.
- Transition from LIBOR to SOFR may impact interest payments on variable rate indebtedness.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
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