Loading...
•
Sep 30, 2021
Bally's Q3 2021 Earnings Report
Reported record revenue and strategic advancements through the acquisition of Gamesys.
Key Takeaways
Bally's Corporation reported record revenue of $314.8 million for the third quarter of 2021, a 169.9% increase year-over-year. The company's strategic acquisition of Gamesys Group is expected to further advance Bally's global, data-driven, omni-channel strategy.
Revenue reached a record $314.8 million, up 169.9% year-over-year.
Net loss was $14.7 million, compared to a net income of $6.7 million in the same period last year.
Adjusted EBITDA increased to $78.0 million, up $40.0 million year-over-year.
Retail Casinos revenue reached a record high of $301.6 million.
Revenue by Segment
Forward Guidance
Bally's completed its transformational acquisition of Gamesys Group, a strategic combination that further advances Bally's global, data-driven, omni-channel strategy. As a result, our business is evolving from a regional casino operator into an industry leader in retail, sports, media and iGaming, which will see us harness a set of assets that provides a formidable platform for growth as a digital-first leader in global gaming entertainment.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...