Bally's

Bally's Corp. engages in the business of casino hotels and horse racetrack. Its properties include Twin River Casino, Hard Rock, Biloxi, Tiverton, Dover Downs, Arapahoe Park, Mardi Gras, Golden Gates, Golden Gulch, KC, Casino Vicksburg, Bally’s Atlantic City, and Eldorado Resort casino Shreveport. The company was founded on March 1, 2004 and is headquartered in Providence, RI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bally's Corporation reports robust Q4 performance and global growth outlook

Bally's Q4 2022 Earnings Call highlighted strong performance, emphasized customer-centric strategies, and discussed growth opportunities globally. The company aims to address challenges in the sports segment and improve financial health through strategic measures.

Bally's reports strong Q1 earnings, eyes market expansion and tech

Bally's Q1 2023 showcased robust financials and strategic partnerships, despite facing challenges like management changes and regulatory uncertainties. The company is focused on growth opportunities through market expansion and technology investments.

Bally's achieves record Q2 results, eyes U.K. and Chicago growth

Bally's reported strong financial performance in Q2 2023, with record revenues and adjusted EBITDA, driven by core casino and resorts business.
The company is focused on growth initiatives, maintaining guidance for 2023, and leveraging opportunities in the U.K. and Chicago markets.
Challenges include cost containment efforts, reducing losses, and managing financial covenants, while strengths lie in leadership additions and strategic focus on customer engagement.

Bally's reports solid Q3 results, eyes Chicago growth opportunities

Bally's showcased strong financial performance and operational achievements in Q3 2023.
While facing challenges like lowered guidance and Tropicana's impact, the company remains focused on strategic growth.
Opportunities lie in Chicago project expansion, international margins, and funding avenues for future growth.
Overall, Bally's is positioned for growth with a focus on operational efficiency and market expansion.

Bally's reports strong Q4 earnings, eyes growth in iGaming

Bally's showcased strong financial performance in Q4 2023 and full-year 2023, with revenue and EBITDAR growth across all segments. The company is well-positioned for future growth with a clear vision and strategic investments.
While facing challenges with project timelines and bidding processes, Bally's is focused on seizing opportunities in iGaming, OSB, and international markets. The company's leverage position and investment strategies support its growth trajectory.
Overall, Bally's demonstrated resilience and strategic planning in navigating challenges and capitalizing on opportunities, setting a positive outlook for continued success and expansion in the future.

Bally's reports revenue growth amidst market challenges and opportunities

Bally's Q1 2024 showcased revenue growth and strong performance in key segments, despite facing challenges in various markets.
The company's financial position remains stable, with a focus on effective management and delivering value to stakeholders.
Opportunities in optimizing marketing strategies, exploring new markets, and capitalizing on new traffic influx for future growth.

Bally's Q2 2024 Earnings: Revenue Growth Amid Strategic Developments

Bally's Corporation showed solid revenue growth and operational improvements in Q2 2024, with a focus on strategic developments and cost management.
While facing challenges in certain segments and markets, the company is well-positioned to capitalize on growth opportunities and drive long-term value.
With a clear roadmap for expansion, database growth, and market entries, Bally's is poised for sustainable growth and profitability.
Investors should monitor the company's progress in Chicago development, revenue diversification efforts, and cost control measures for future performance.

Bally's reports mixed Q3 results, eyes growth post-Casino Queen merger

Bally's Q3 2024 showed mixed financial performance with revenue declines in some segments.
Despite challenges, the company is focusing on profitability through margin expansion and efficiency improvements.
With a positive outlook, Bally's is well-positioned for growth, especially with the upcoming Casino Queen merger.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bally's Corp. is a global casino-entertainment company with a portfolio of casinos and resorts and online gaming businesses. It operates through the following segments: Casinos & Resorts, International Interactive, and North America Interactive. The Casinos & Resorts segment consists of the company's casino and resort properties, a horse racetrack, and a golf course. The International Interactive segment includes the European and Asian operations of Gamesys, a business-to-consumer iCasino operator. The North America Interactive segment covers a portfolio of sports betting, iGaming, and free-to-play gaming brands such as Bally’s Interactive, SportCaller, and Live at the Bike, and the North American operations of Gamesys. The company was founded on March 1, 2004 and is headquartered in Providence, RI.

PROVIDENCE, R.I., June 4, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it completed its acquisition of the Tropicana Evansville casino operations from Caesars Entertainment, Inc. (NASDAQ: CZR).

Bally's Corporation Completes Acquisition Of Tropicana Evansville Casino

Boyd Gaming

Canterbury Park Holding

Southwest Airlines

Vail Resorts

Penn Entertainment

Travel + Leisure Co.

As Covid restrictions fade, and schools start letting the kids out for summer break, travel stocks are starting to realize their potential. The post 7 Travel Stocks to Buy Just In Time for Beach Season appeared first on InvestorPlace.

7 Travel Stocks to Buy Just In Time for Beach Season

PROVIDENCE, R.I., June 1, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it has completed its previously announced acquisition of Bet.Works -- a U.S. based, sports betting platform provider to operators in New Jersey, Iowa, Indiana and Colorado.

Bally's Corporation Closes Bet.Works Acquisition

Churchill Downs

Caesars Entertainment

MGM Resorts

Gambling revenue in Nevada and other states roared back in March, accelerated in April, and is likely to be elevated for May, strategists at KeyBanc Capital Markets say.

Bet Big on the Recovery in Las Vegas With These Stock Picks.

Deviate To Win is an interview series featuring executives and investors who have won in business by taking chances and doing things a little bit differently. The podcast is hosted by Jason Ader, founder and CEO of SpringOwl Asset Management, and is produced by Benzinga.

Podcast: How Soo Kim Helped Turn Bally's Into A Triple Threat

PROVIDENCE, R.I., May 24, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it has entered the mobile sports betting market with the beta launch of its mobile sportsbook, Bally Bet, in Colorado.

Bally's Corporation Launches Mobile Sportsbook In Colorado

Bally's Corporation (BALY) CEO George Papanier on Q1 2021 Results - Earnings Call Transcript

Bally's (BALY) delivered earnings and revenue surprises of -30.00% and 2.83%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Bally's Corporation (BALY) Q1 Earnings Lag Estimates

PROVIDENCE, R.I., May 10, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) (the "Company" or "Bally's"), today reported financial results for the first quarter ended March 31, 2021.

Bally's Corporation Announces First Quarter 2021 Results

Casino stocks that are likely to trend higher as travel guidelines are eased after vaccination. Additional benefits from omni-channel growth.

3 Casino Stocks To Buy As Fans Await the Resorts World Opening

PROVIDENCE, R.I., April 28, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) (the "Company"), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, will release financial results for the first quarter 2021 prior to the market opening on Monday, May 10, 2021.

Bally's Corporation To Report First Quarter 2021 Results On May 10, 2021

PROVIDENCE, R.I., April 21, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today issued the following statement regarding the City of Richmond's decision to remove Bally's Richmond Casino Resort from its casino selection process.

Bally's Corporation Issues Statement Regarding Richmond's Casino Resort Decision

PROVIDENCE, R.I., April 20, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it completed its previously announced underwritten public offering of common stock at a price to the public of $55.00 per share.

Bally's Corporation Closes Common Stock Offering

Sinclair Inc

Do regional sports networks and betting go hand-in-hand?

Will Sports Betting Pay Off for This Media Stock?

PROVIDENCE, R.I., April 16, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY), the developer and operator of the proposed $650 million "Bally's Richmond Casino Resort," and finalist in the City's casino selection process, today announced that it will provide the opportunity for all Richmond residents to purchase an equity interest in, and become partial owners of, Bally's Richmond.

Bally's Corporation Announces Plan For Richmond Residents To Participate In Equity Ownership Of Bally's Richmond Casino Resort

PROVIDENCE, R.I., April 15, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it has priced its previously announced public offering of 11,000,000 shares of its common stock at $55.00 per share.

Bally's Corporation Announces Pricing Of Common Stock Offering

PROVIDENCE, R.I., April 15, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it had discontinued the offering of $250 million of its tangible equity units ("Units") and instead is pursuing a possible private offering of equity-linked securities to a potential strategic investor who made an unsolicited offer.

Bally's Corporation To Pursue Strategic Investment In Lieu Of Tangible Equity Unit Offering; Common Stock Offering Will Proceed

Bally's Corp (NYSE: BALY) has acquired the iconic Tropicana Las Vegas from the real estate investment trust Gaming and Leisure Properties Inc (NASDAQ: GLPI) for $308 million. What Happened: As part of the transaction, the Providence, Rhode Island-headquartered Bally's has entered into a sale-and-leaseback transaction with GLPI relating to Bally's Black Hawk in Colorado and its Rock Island, Illinois, casino properties for a cash purchase price of $150 million payable by GLPI.

Bally's Corp. Acquires Tropicana Las Vegas For $308 Million

The stock price of Bally's Corporation (NYSE: BALY) fell by over 10% during intraday trading. This is why it happened.

BALY Stock: Over 10% Decrease Intraday Explanation

The casino company made four different announcements today, and investors didn't like the bottom line.

Why Bally's Stock Crapped Out Today

The casino operator is looking to expand further into online gaming.

Bally's Goes on Spending Spree, Buys Iconic Tropicana Casino and Gamesys

Shares of Bally's Corp. tumbled 8.6% in premarket trading Tuesday, after the casino operator said it has launched a public offering of $600 million worth of common stock, while also providing an upbeat revenue outlook. The company said it was also offering $250 million worth of its tangible equity units.

Bally's stock tumbles after $600 million share offering, upbeat revenue outlook

PROVIDENCE, R.I., April 13, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it has agreed to purchase the Tropicana Las Vegas, Nevada casino from Gaming and Leisure Properties, Inc. ("GLPI"), a publicly traded gaming focused real estate investment trust ("REIT").

Bally's To Acquire Tropicana Las Vegas Hotel And Casino

PROVIDENCE, R.I., April 13, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced preliminary financial results for the first quarter ended March 31, 2021.

Bally's Corporation Announces Preliminary First Quarter 2021 Results; Provides Business Update

PROVIDENCE, R.I., April 13, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it has commenced concurrent public offerings, subject to market and other conditions, of $600 million of its common stock and $250 million of its tangible equity units ("Units").

News for Bally's Stock (BALY)