earnings
confidence high
sentiment positive
materiality 0.75
Bally's Q1 revenue up 28.3% to $756M; Casinos & Resorts +8.1%, North America Interactive +35.9%
Bally's Corp
- Consolidated revenue $755.7M, up 28.3% YoY; driven by Intralot acquisition and organic growth.
- Casinos & Resorts revenue $379.7M (+8.1%), Segment Adj. EBITDAR $96.2M (+1.2%).
- North America Interactive revenue $60.5M (+35.9%), negative Adj. EBITDAR -$7.1M (improved $0.9M).
- Bally's Chicago topped out; Bally's Bronx received NY license, $4B investment, $500M fee paid, expected 2030.
- New $1.1B credit facility due 2031; Lincoln Casino sale-leaseback to GLP; repaid $1.47B term loan.
item 2.02item 9.01