"The Providence, Rhode Island-based gaming and entertainment operator said preliminary revenue for the fourth quarter reached $746.2 million, which is up 28.6% compared with $580.4 million in the same quarter of the previous year. Company executives said the increase came largely from newly acquired casinos, steady growth in North American sports betting and iGaming, and expanding online operations overseas."
"Bally's North America Interactive division brought in $62.3 million during the quarter. The segment reported just $0.8 million in adjusted EBITDAR, which is said to be a big improvement from the $10.2 million loss posted a year earlier, but it still highlights how narrow margins remain in the company's online betting and gaming operations."
"Despite those losses, Bally's traditional casino properties remained the company's main profit engine. Its casinos and resorts segment generated $366.2 million in revenue during the fourth quarter, a 12.9% increase from the same period in 2024. The division also produced $85.3 million in adjusted EBITDAR."
Bally's Corporation reported preliminary Q4 2025 revenue of $746.2 million, representing 28.6% growth compared to the prior year, fueled by newly acquired casinos, North American sports betting and iGaming growth, and expanding international online operations. The North America Interactive division generated $62.3 million in quarterly revenue with $0.8 million in adjusted EBITDAR, improving from a $10.2 million loss year-over-year, though full-year pro forma results showed a $9.2 million loss. Corporate costs created a $15.9 million adjusted EBITDAR loss in Q4. Traditional casino properties remained the profit engine, with the casinos and resorts segment producing $366.2 million in revenue and $85.3 million in adjusted EBITDAR, benefiting from four regional properties acquired through the Queen Casino deal.
#gaming-revenue-growth #digital-expansion-losses #casino-operations #online-gaming-strategy #corporate-acquisitions
Read at ReadWrite
Unable to calculate read time
Collection
[
|
...
]