Bally's Q3 revenue $630M (flat YoY); net loss widens to $248M

Bally's Corp

2024-Q3 EPS reported -$9.96 revenue$1,870,113,000

Revenue $630.0M, down 0.4% YoY; net loss $(247.9M) vs $(61.8M) in Q3 2023.
Casinos & Resorts revenue $353.4M (-1.6% YoY); segment adjusted EBITDAR down 15%.
North America Interactive revenue $45.7M (+54.5% YoY); International Interactive $230.9M (-5.3%) but UK up 11.8%.
Secured $940M construction funding from GLPI for Chicago casino; Tropicana towers demolished for A's stadium.
Adjusted EBITDAR $166.3M; International Interactive margins improved 400 bps YoY.

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