secwatch.observer — SEC 8-K summary
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Issuer:     Bally's Corp (BALY)
CIK:        0001747079
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001747079-24-000051
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bally's Q1 net loss $173.9M vs prior-year $178.3M income; revenue up 3.3%
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- Net loss of $173.9M for Q1 2024 vs net income of $178.3M in Q1 2023; revenue $618.5M up 3.3%.
- Casinos & Resorts revenue $342.3M (+4.1% YoY); Adjusted EBITDAR declined due to weather, adverse hold, and bridge construction in RI.
- International Interactive revenue $234.7M (-4.4% YoY); Adjusted EBITDAR grew 4.0% YoY; UK core operations grew 12%.
- North America Interactive revenue $41.5M (+70.2% YoY); launched iGaming in Rhode Island in early March.
- FY 2024 guidance unchanged: revenue $2.5B-$2.7B, Adjusted EBITDAR $655M-$695M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747079/000174707924000051/0001747079-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747079/000174707924000051/baly-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001747079-24-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer