Bally's Q2 revenue up 9.7% to $606M, net loss of $25.7M; maintains FY guidance

Bally's Corp

2023-Q2 EPS reported $2.80 revenue$1,204,926,000

Revenue $606.2M (+9.7% YoY); Casinos & Resorts record $333.2M (+11.1%).
Net loss of $25.7M vs net income $59.5M in Q2 2022; Adj. EBITDA $130.0M (down from $137.0M).
International Interactive revenue $247.8M (+5.6%); UK business grew 11.5% YoY.
North America Interactive revenue $25.3M; Adj. EBITDA loss improved to $17.7M from $20.9M.
FY 2023 guidance maintained: revenue $2.5B-$2.6B, Adj. EBITDAR $665M-$700M; Chicago temporary casino opening in Sept.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bally's Corp reported second quarter ended June 30, 2023 results: revenue $606.2 million.

Period: second quarter ended June 30, 2023
Revenue: $606.2 million
Result: reported results

Exact text from the filing

3, 2023 - Bally’s Corporation (NYSE: BALY) today reported financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights • Revenue of $606.2 million, an increase of 9.7% year-over-year • Record Casinos & Resorts revenue of $333.2 million, up 11.1% year-over-year • International Interactive revenue of $247.8 million, up 5.6%

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Source: SEC EDGAR

accession 0001747079-23-000078

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