Bally’s Reports Robust Q4 Growth Fueled by Expansion of Digital Gaming

(AsiaGameHub) –   Bally’s Corporation announced increased revenue for the fourth quarter, driven by momentum in its casino and online gaming segments. The company’s update also highlighted the ongoing importance of recent acquisitions, digital expansion, and major development initiatives.

Good to Know

• Bally’s reported preliminary fourth-quarter revenue of $746.2 million, a 28.6% increase from approximately $580 million the previous year.
• North America Interactive revenue increased 55.4% to $62.3 million.
• Bally’s advanced work on significant projects located in the Bronx, Chicago, and Las Vegas.

Digital Growth and Revenue Gains

For the quarter ending December 31, Bally’s recorded preliminary revenue of $746.2 million, versus about $580 million in the prior-year period. Revenue from Casinos & Resorts grew 12.9% to $366.2 million, aided by Queen Casino properties and a refurbished Baton Rouge location. Bally’s Intralot B2C revenue increased 13.9% to $236.5 million.

North America Interactive saw one of the most substantial improvements, with revenue climbing 55.4% to $62.3 million. The company attributed this growth to iGaming and sports betting. This segment also became profitable on an adjusted basis, posting EBITDAR of $0.8 million against a loss of $10.2 million a year ago. Bally’s credited this turnaround to enhancements in customer experience, alongside artificial intelligence and automation.

“Our fourth quarter capped a successful and truly transformational year for Bally’s. In 2025, we reshaped and expanded our portfolio both domestically and internationally, online and in retail, while strengthening our balance sheet and positioning the company for near- and long-term growth,” stated Chief Executive Robeson Reeves.

Bally’s further restructured its digital operations via the Intralot deal. The company sold its international interactive business to Greek lottery firm Intralot for 2.7 billion euros ($2.9 billion), forming Bally’s Intralot, in which Bally’s maintains a 58% controlling interest.

“On the digital interactive side, we became the majority shareholder of Bally’s Intralot and created a global iGaming and lottery champion with enhanced scale, diversification, and a highly complementary product offering across B2C, B2G, and B2B channels,” Reeves said.

For the successor period from February 8 to December 31, Bally’s produced roughly $2.436 billion in revenue, nearing the approximately $2.45 billion for the full 2024 year. This indicates consistent performance as digital gaming, online betting, and interactive channels contribute a larger share of revenue.

Bronx and Las Vegas Projects Stay in Focus

Concurrent with its revenue increase, Bally’s progressed on key U.S. development projects. In New York, the company obtained a license for Bally’s Bronx, a $4 billion integrated casino resort development.

“In December, the New York State Gaming Commission issued a Gaming Facility License to develop Bally’s Bronx,” Reeves noted. “Bally’s Bronx is a $4.0 billion integrated casino resort project, the largest private development in the borough’s history.”

Scheduled to open by 2030, the Bronx development is planned to feature 3 million square feet of gaming space, a 500-room hotel, a 2,000-seat event center, and a cultural venue. The company stated the project has the potential to provide over $765 million in community benefits and create thousands of jobs.

“We are both excited for and committed to the Bronx project, which is a tremendous opportunity for the local community, with over $765 million of community benefits and thousands of jobs,” he added.

Bally’s also reported ongoing advancements on its Chicago project and the former Tropicana site in Las Vegas.

“We continue to move forward with our development of Bally’s Las Vegas on the former Tropicana site, sharing a 35-acre campus with Major League Baseball’s Las Vegas Athletics,” Reeves said. “With construction already underway to support the A’s 2028 season opening, Bally’s Las Vegas is set to redefine the retail, dining, and entertainment experience in the heart of the Strip.”

Financially, Bally’s established a $1.1 billion credit facility maturing in 2031 and repaid a $1.47 billion term loan due 2028. The company concluded the year with $108.2 million in cash and $4.5 billion in long-term debt, an increase from $3.3 billion in 2024. Bally’s did not report profit or loss figures for the quarter or full year, noting that audited results will follow as the current numbers are still preliminary.