m_and_a
confidence high
sentiment positive
materiality 0.75
Bally's International Interactive reports €685.6M NGR for 2024, up 11.7% YoY; deal with Intralot on track for Q4 2025
Bally's Corp
- Net gaming revenue €685.6M in 2024 (€613.6M in 2023), +11.7% YoY driven by organic growth and strategic marketing.
- Net income before taxes €224.6M (up from €198.9M); net cash from operations €304.7M (vs €137.4M).
- Cash and equivalents €31.0M; total assets €1,340.9M; goodwill €1,100.7M; liabilities €267.2M.
- Transaction perimeter: UK and Spain interactive businesses, UK retail casino (Aspers Newcastle), IP royalties. Closing expected Q4 2025.
- Business acquired Aspers Newcastle casino in Q4 2024; IP rights transferred to trust generating royalty income (1.8% of 2024 gross profit).
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