Bally’s Corporation ( (BALY) ) has released its Q1 earnings. Here is a breakdown of the information Bally’s Corporation presented to its investors.
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Bally’s Corporation is a global casino-entertainment company operating in the gaming and interactive sectors, with a diverse portfolio that includes casinos, online gaming platforms, and sports betting services across multiple regions.
In the first quarter of 2025, Bally’s Corporation reported a company-wide revenue of $589.2 million, marking a 4.7% decrease compared to the same period in the previous year. Despite this overall decline, the Casinos & Resorts segment saw a 2.6% increase in revenue, while North America Interactive revenue rose by 12.5%.
Key highlights from the quarter include the completion of strategic transactions with The Queen Casino & Entertainment and Standard General, which expanded Bally’s domestic gaming portfolio. The company also committed to a significant investment in Star Entertainment Group, aiming to strengthen its presence in the Australian market. The divestiture of the Asia interactive business in 2024 impacted the International Interactive segment, but excluding this, the segment grew by 7.7% year over year.
Looking ahead, Bally’s management remains optimistic about the company’s growth prospects, focusing on operational efficiencies and strategic investments to drive long-term profitability. The ongoing construction of a permanent casino in Chicago and the recent leadership changes in Atlantic City are expected to contribute positively to future performance.