earnings
confidence high
sentiment positive
materiality 0.75
Bally's Q2 revenue $792.2M, up 20.5% YoY; UK tax hit ~65% offset; evoke plc deal pending
Bally's Corp
- Q2 2026 revenue $792.2M, up 20.5% YoY; Casinos & Resorts $401.0M (+2.0%), B2C $243.5M (+22.3%), North America Interactive $66.1M (+16.9%)
- UK gaming tax rose 21% to 40% effective Apr 1, 2026; ~$39M gross B2C EBITDAR hit, ~65% offset via growth and cost discipline
- Bally's Intralot announced binding offer to acquire evoke plc in June; competition and gaming regulatory approvals underway
- Bally's Bronx $4.0B project: $500M license fee and $115M golf concession paid in Q1 2026; pre-construction loan term sheet signed July, equity LOI in August
- Casinos & Resorts Segment Adjusted EBITDAR $109.6M, up 3.4% YoY; North America Interactive EBITDAR $3.0M, up $0.5M