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Bally's Corporation
(NYSE:BALY)
Bally's Corporation (BALY) vs. SPDR S&P 500 ETF (SPY)
Bally's Corporation Business Overview & Revenue Model
Bally's Corporation Earnings Call Summary
Bally's Corporation Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.52B | 2.45B | 2.45B | 2.26B | 1.32B | 372.79M |
| Gross Profit | 1.31B | 1.33B | 1.34B | 1.25B | 787.36M | 234.12M |
| EBITDA | 411.26M | 137.39M | 448.33M | 54.86M | 143.64M | 25.67M |
| Net Income | -591.05M | -567.75M | -187.50M | -425.55M | -114.70M | -5.49M |
Balance Sheet | ||||||
| Total Assets | 7.55B | 5.86B | 6.86B | 6.30B | 6.55B | 1.93B |
| Cash, Cash Equivalents and Short-Term Investments | 239.91M | 171.23M | 163.19M | 212.51M | 206.19M | 128.12M |
| Total Debt | 5.63B | 4.94B | 5.07B | 4.52B | 3.98B | 1.16B |
| Total Liabilities | 7.03B | 5.83B | 6.23B | 5.49B | 4.94B | 1.60B |
| Stockholders Equity | 521.55M | 30.90M | 635.43M | 805.82M | 1.61B | 326.60M |
Cash Flow | ||||||
| Free Cash Flow | -273.33M | -85.83M | -122.87M | -141.28M | -79.98M | 4.22M |
| Operating Cash Flow | -72.17M | 114.00M | 188.61M | 270.97M | 82.75M | 19.50M |
| Investing Cash Flow | 35.51M | 97.83M | -207.79M | -302.92M | -2.30B | -444.85M |
| Financing Cash Flow | 35.35M | -287.84M | 65.75M | 43.24M | 2.40B | 366.40M |
Bally's Corporation Technical Analysis
Bally's Corporation Risk Analysis
Bally's Corporation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $209.49M | 3.91 | ― | ― | 4.03% | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | $171.96M | 81.24 | 1.46% | ― | 24.21% | -92.49% | |
54 Neutral | $818.06M | ― | -114.88% | ― | 2.80% | -108.61% | |
54 Neutral | $788.62M | 161.38 | 1.15% | 3.42% | -12.25% | -84.89% | |
52 Neutral | $259.70M | 415.33 | 2.77% | ― | ― | ― | |
45 Neutral | $87.03M | ― | -121.54% | ― | 7.45% | 5.03% |
Bally's Corporation Corporate Events
Bally’s Corporation has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending September 30, 2025. The primary reason for the delay is the additional time required to complete the review of the company’s financial statements. Bally’s expects to file the report within the five-day extension period allowed under Rule 12b-25. The company does not anticipate any significant changes in its financial results compared to the same period last year. Bally’s Corporation is committed to maintaining compliance and the notification was signed by Vladimira Mircheva, the Chief Financial Officer.
The most recent analyst rating on (BALY) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
Bally’s Corporation is a global entertainment-focused company operating in the gaming and hospitality industry, known for its extensive portfolio of casinos, online gaming platforms, and significant stake in the lottery management sector. In its third-quarter 2025 earnings report, Bally’s Corporation announced a 5.4% increase in company-wide revenue, reaching $663.7 million. The company highlighted significant growth in its Casinos & Resorts segment, which saw a 12.1% revenue increase, and a 13.1% rise in North America Interactive revenue. The recent acquisition of Bally’s International Interactive business by Intralot S.A. for €2.7 billion has positioned Bally’s as the majority shareholder of Intralot, enhancing its global presence in the iGaming and lottery markets. Bally’s strategic initiatives, including cost-saving programs and expansion projects in Chicago, the Bronx, and Las Vegas, are set to drive future growth. The company’s management remains optimistic about leveraging its strategic acquisitions and operational efficiencies to capitalize on growth opportunities and deliver long-term value to stakeholders.
Bally’s Corporation announced an amendment to a Contribution Agreement involving its Twin River Lincoln Casino & Hotel, originally set for October 1, 2026, now extended to October 1, 2028. This extension allows more time for the company and its subsidiaries to prepare for the potential transfer of the facility to GLP Capital, L.P., impacting future strategic operations and stakeholder interests.
The most recent analyst rating on (BALY) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
On October 7, 2025, Bally’s Corporation granted option rights to CEO Robeson Reeves and incentive stock options to President George Papanier, under the company’s 2021 Equity Incentive Plan. These options are structured to vest based on continuous service and performance criteria through 2029. Additionally, on October 8, 2025, Marcus Glover, Executive Vice President of Global Operations, announced his departure to pursue other interests, with a separation agreement anticipated in the future.
The most recent analyst rating on (BALY) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
On October 8, 2025, Bally’s Corporation completed the sale of its International Interactive business to Intralot S.A. for €2.7 billion, comprising €1.53 billion in cash and €1.136 billion in newly issued Intralot shares. This transaction makes Bally’s the majority shareholder of Intralot with a 58% stake, enhancing its liquidity and positioning it for digital growth. The acquisition creates a global iGaming and lottery leader, expected to generate €1.1 billion in annual revenue with significant EBITDA margins. Bally’s plans to use the proceeds to reduce secured debt and fund strategic growth initiatives, including the development of its Chicago casino.
The most recent analyst rating on (BALY) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
On September 29, 2025, Bally’s Corporation entered into an Incremental Joinder Agreement with Jefferies Finance LLC and Deutsche Bank AG, New York Branch, to amend its existing Credit Agreement. This agreement includes a $50 million increase in commitments under Bally’s senior secured revolving credit facility and consent for a $735 million sale and leaseback transaction of its Twin River Lincoln Casino Resort, contingent on regulatory approvals.
The most recent analyst rating on (BALY) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
Bally’s Corporation announced a transaction agreement with Intralot S.A., where Intralot will acquire Bally’s International Interactive business by the fourth quarter of 2025, making Bally’s the majority shareholder of Intralot. The company released unaudited interim financial statements for the first half of 2025, showing a 12.7% increase in net gaming revenue compared to the previous year, driven by organic growth and disciplined cost management, indicating a positive financial trajectory for stakeholders.
The most recent analyst rating on (BALY) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
On September 9, 2025, Terrence Downey announced his retirement from Bally’s Corporation‘s Board of Directors, effective September 26, 2025. This decision marks a significant change in the company’s leadership structure, potentially impacting its strategic direction and governance.
The most recent analyst rating on (BALY) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
On September 11, 2025, Bally’s Corporation amended its Credit Agreement to extend the maturity of $460 million in revolving commitments to 2028 and adjust financial covenants. The amendment also facilitates a $735 million sale and leaseback transaction of its Twin River Lincoln Casino Resort, contingent on lender consents and regulatory approvals, with plans to reduce $500 million in secured indebtedness post-transaction.
The most recent analyst rating on (BALY) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.
On July 21, 2025, Bally’s Corporation announced a transaction agreement with Intralot S.A., a Greek company, where Intralot will acquire Bally’s Holdings Limited, expected to close in the fourth quarter of 2025. This transaction will make Bally’s the majority shareholder of Intralot, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (BALY) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Bally’s Corporation stock, see the BALY Stock Forecast page.