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Dec 31, 2021
Bally's Q4 2021 Earnings Report
Bally's reported mixed results with revenue increase offset by net loss, but Adjusted EBITDA improved.
Key Takeaways
Bally's Corporation reported a significant increase in revenue for Q4 2021, driven by recent acquisitions and growth across its segments. However, the company experienced a net loss compared to the previous year, although Adjusted EBITDA saw substantial growth.
Revenue increased by $429.6 million to $547.7 million.
Net loss was $115.3 million, compared to a net income of $20.2 million in the prior year.
Adjusted EBITDA increased by $98.4 million to $119.4 million.
The company made progress on integrating acquired assets and strategic capital deployment.
Bally's
Bally's
Bally's Revenue by Segment
Revenue by Segment
Casinos & Resorts Revenue
CapyFin.comInternational Interactive Revenue
CapyFin.comNorth America Interactive Revenue
CapyFin.com Forward Guidance
Bally’s estimates revenue for the year ending December 31, 2022 in the range of $2.4 billion to $2.5 billion and Adjusted EBITDA in the range of $560 million to $580 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income