Bally’s Corporation reports a 28.3% year-on-year revenue increase in Q1

(AsiaGameHub) –   Revenue increased by 28.3 percent compared to the previous year.

US.- Bally’s Corporation has announced its financial results for the first quarter, which concluded on March 31. The company reported consolidated revenue of $755.7 million, marking a 28.3 percent rise year-on-year.

The casinos and resorts segment generated $379.7 million in revenue, an increase of 8.1 percent from the prior year. Bally’s attributed this growth to the acquisition of The Queen Casino & Entertainment, finalized in February 2025, as well as organic expansion. Adjusted EBITDAR for this segment saw a 1.2 percent increase year-over-year.

Bally’s Intralot‘s B2C revenue reached $239.9 million, up by 31 percent year-on-year. This surge was driven by strong performance in the UK market and the integration of Intralot’s B2C operations. In North America, the Interactive division reported revenue of $60.5 million, a 35.9 percent increase compared to the same period in 2025, reflecting growth in wagering across all its offerings. Adjusted EBITDAR for this segment was negative $7.1 million, an improvement of $0.9 million.

Robeson Reeves, Bally’s chief executive officer, highlighted the company’s recent milestone: the topping out ceremony for Bally’s Chicago in April. The permanent casino facility is slated to feature approximately 3,400 slot machines, over 170 table games, a 500-room hotel, a 3,000-seat theater, ten dining and beverage establishments, and a public park along the riverfront.

The company is also progressing with its Bally’s Bronx project. Key capital allocations and land acquisitions have been finalized to facilitate construction. These include a $500 million payment for the statutory New York license, a $115 million contingent consideration for the golf course concession, and the acquisition of approximately 16 acres of parkland designated for the resort. The projected opening for this development is by 2030.