WhiteHawk Capital Partners led a $560 million senior secured credit facility supporting Bally’s planned $4 billion casino and entertainment development in the Bronx. WhiteHawk is serving as agent and lead lender for the financing.
The facility includes $400 million of term loan commitments available at closing and another $160 million of delayed-draw term loan commitments.
Proceeds will support pre-construction expenses and development costs related to Bally’s Bronx.
The financing also provides additional liquidity for general corporate purposes.
Bally’s Bronx is planned as an integrated gaming, hospitality, and entertainment destination at Ferry Point.
Plans include a casino, 500-room hotel, event venue, restaurants, supporting infrastructure, and an 18-hole championship golf course.
Bally’s was one of three gaming companies awarded New York City-area casino licenses on December 15, 2025.
The other projects are Hard Rock Metropolitan Park in Queens near Citi Field and Resorts World New York City at Aqueduct Racetrack.
The financing is intended to support Bally’s through design, permitting, and other development work as the company prepares to arrange comprehensive construction financing.
DLA Piper served as legal advisor to WhiteHawk.
KEY QUOTES:
“This financing gives Bally’s the capital to advance design, permitting and other critical development activities as it prepares for the next phase of the Bronx project.”
Bob Louzan, Managing Partner at WhiteHawk Capital Partners
“WhiteHawk has proven their ability to execute complicated financings in tight timeframes and in doing so has proven themselves a fantastic capital partner for our Bally’s New York project.”
Soo Kim, Chairman of Bally’s Corporation
