Parent Support Letter between Bally’s Corporation and Bally’s Chicago, Inc. (2025)
Bally’s Corporation confirms in this letter that it will fully support the operating, investing, and financing needs of its subsidiary, Bally’s Chicago, Inc., through at least December 31, 2026. The parent company also states it will not take any actions that would harm the subsidiary’s ability to continue operating during this period. This commitment is made to support the preparation of financial statements and is signed by an authorized executive of Bally’s Corporation.
Exhibit 10.33
January 29, 2025
Bally’s Corporation
100 Westminster Street
Providence, Rhode Island 02903
In connection with the preparation of the financial statements of Bally’s Chicago, Inc. (“the Company”), a wholly-owned subsidiary of Bally’s Corporation (the “Parent”), as of December 31, 2024 and December 31, 2025 and for the years then ended, we confirm to you the following:
The Parent will, and has the ability to, fully support the operating, investing, and financing activities of the Company through at least December 31, 2026.
The Parent does not intend to undertake any decision or action that would reasonably be expected to negatively affect the Company's ability to continue as a going concern through at least December 31, 2026.
Very truly yours,
Bally’s Corporation
Mr. Marcus Glover*, Executive Vice President and Chief Financial Officer of Bally’s Corporation
| Signature | /s/ Marcus Glover |
* The person has the authority to contractually commit the Parent to funding all of the Company’s operating, investing, and financing activities through at least December 31, 2026, without approval from the Company’s Board of Directors, or other senior members of management.
Bally’s Corporation 100 Westminster Street, Providence, RI 02903 ###-###-####
