Earnings

Bally's Preliminary Revenue Reaches $807.6 Million

The Tip Desk · November 12, 2026 · 3 min read

The gaming operator posted $807.6 million of preliminary third-quarter revenue, a 21.7% year-over-year increase, and closed $400 million of Bronx financing.

Bally’s Corporation (BALY) reported preliminary consolidated revenue of $807.6 million for the three months ended September 30, 2026, up 21.7% from a year earlier, after $792.2 million, up 20.5% year-over-year, in the second quarter.

The company said it currently expects to file an extension under Rule 12b-25 and to file its Form 10-Q within that period. The figures are preliminary; Bally’s said it has not finalized its close and may identify items requiring adjustments.

Casinos & Resorts revenue was $408.6 million, up 3.2% year-over-year, after $401.0 million, up 2.0% year-over-year, in the second quarter. The company attributed the third-quarter increase to the landside moves of Bally’s Baton Rouge and Bally’s Marquette, the inclusion of Sam’s Town Shreveport, acquired during the third quarter, and growth at Bally’s Chicago temporary facility.

Bally’s Intralot B2C revenue was $257.5 million, up 22.8% year-over-year, after $243.5 million, up 22.3% year-over-year, in the second quarter. The company said the increase was driven by strong revenue growth in the UK and the addition of Intralot’s B2C business.

North America Interactive revenue was $62.7 million, up 25.6% year-over-year, after $66.1 million, up 16.9% year-over-year, in the second quarter. The company said the third-quarter increase reflected healthy wagering revenue growth across all verticals.

Bally’s Intralot B2B revenue was $76.6 million in the third quarter. Corporate & Other revenue was $2.3 million.

Segment Adjusted EBITDAR, the company’s primary non-GAAP profit measure for reportable segments, showed mixed results against the year-ago quarter. Casinos & Resorts Adjusted EBITDAR was $107.8 million versus $107.9 million a year earlier. Bally’s Intralot B2C Adjusted EBITDAR was $77.0 million versus $86.4 million a year earlier. North America Interactive Adjusted EBITDAR was a loss of $3.2 million versus a loss of $6.0 million a year earlier. Bally’s Intralot B2B Adjusted EBITDAR was $12.2 million. Corporate & Other Adjusted EBITDAR was a loss of $14.1 million.

Chief Executive Officer Robeson Reeves said the company delivered another solid quarter, with consolidated revenue up 21.7% year over year and strong Adjusted EBITDAR results across segments. He said revenue growth was led by Bally’s Intralot B2C and North America Interactive, while Casinos & Resorts rose low single digits. He said development projects remain on track and that market conditions remain stable as the company heads into the fourth quarter and 2027.

On October 1, 2026, Bally’s closed previously announced financing of the Bally’s Bronx project, receiving $400 million, with an additional $160 million available for future draws.

The company described itself as a global entertainment brand with 21 casinos across 11 U.S. states and one casino in Newcastle, UK, along with a golf course in New York and horse racetracks in Colorado and forthcoming in Wyoming. It said it owns Bally Bet, licensed in 16 North American jurisdictions, and holds a majority interest in Bally’s Intralot S.A., active in 39 jurisdictions. Casino operations include approximately 17,700 slot machines, 630 table games and 3,950 hotel rooms.

More on BALY

September 28, 2026 QBook Stronger demand supports expansion as pricing diverges

BALY — all coverage and financials