Fourth quarter completed a successful and truly transformational year for Bally’s
The addition of four regional gaming properties from Queen earlier in 2025 helped push Bally’s fourth quarter casino revenue to $366.2m, marking an increase of 12.9 per cent year over year, partially offset by new competition in Shreveport, Evansville and Dover.
Properties operating in stable competitive environments continued to grow year over year in the fourth quarter, with particularly strong Adjusted EBITDAR improvements at Lincoln and Bally’s Baton Rouge (previously Belle of Baton Rouge), which had the grand opening of its $160m landside conversion in December.
Bally’s Intralot B2C revenue demonstrated continued strength in the UK where online revenue rose 6.3 per cent in constant currency versus the fourth quarter of 2024, driven by a large increase in new player volumes as well as continuing momentum in sports betting. In November, the United Kingdom announced an increase in remote gaming duty effective April 2026. As a strong operator with high margins, our Bally’s Intralot B2C segment is well-positioned to mitigate the impact of this change and take market share, and its UK iGaming revenue growth in the fourth quarter already outpaced that of its closest competitors. Revenues in Spain also grew 6.3 per cent year over year in constant currency, supported by improved long-term retention and an increase in sports-led new players.
Revenue for Bally’s North America Interactive segment of $62.3m rose 55.4 per cent year over year in the fourth quarter and recorded positive Segment Adjusted EBITDAR of $0.8m compared to a negative Segment Adjusted EBITDAR in the prior year of $10.2m.
Robeson Reeves, Bally’s Chief Executive Officer, commented: “Our fourth quarter completed a successful and truly transformational year for Bally’s. In 2025, we reshaped and expanded our portfolio both domestically and internationally, online and in retail, while strengthening our balance sheet and positioning the Company for near- and long-term growth.
“Domestically, we have made substantial progress on Bally’s Chicago – the only casino in the city limits of Chicago and the largest in the state of Illinois. The permanent casino will feature approximately 3,400 slots, over 170 table games, a 500-room hotel tower, a 3,000-seat theater, ten food and beverage venues and a river-side public park.
“In December, the New York State Gaming Commission issued a Gaming Facility License to develop Bally’s Bronx. Bally’s Bronx is a $4.0 billion integrated casino resort project, the largest private development in the borough’s history. Expected to open by 2030, it is anticipated to be a 16-acre attraction with 3 million square feet of gaming facilities, a 500-room hotel, a 2,000-person event center and a cultural destination. We are both excited for and committed to the Bronx project, which is a tremendous opportunity for the local community, with over $765 million of community benefits and thousands of jobs.
“We continue to move forward with our development of Bally’s Las Vegas on the former Tropicana site, sharing a 35-acre campus with Major League Baseball’s Las Vegas Athletics. This multi-phased project will feature an exciting mix of sports, casino, retail, dining, and immersive entertainment experiences with over 500,000 square feet of space and direct access to the ballpark. With construction already underway to support the A’s 2028 season opening, Bally’s Las Vegas is set to redefine the retail, dining and entertainment experience in the heart of the Strip.
“In 2025, we expanded our retail holdings internationally with an investment in The Star Entertainment Group (ASX: SGR, “Star”), Australia’s second largest gaming operator with three casinos that had come under distress. In the fourth quarter, following confirmation of suitability by Australian regulators, Bally’s converted its loan to Star into a 38% equity interest. With a proven track record of revitalizing underperforming businesses, Bally’s is excited to lend its expertise to Star and contribute to its successful turnaround as a leading operator in the Asia-Pacific region.
“On the digital interactive side, we became the majority shareholder of Bally’s Intralot and created a global iGaming and lottery champion with enhanced scale, diversification, and a highly complementary product offering across B2C, B2G and B2B channels.
“In summary, our strategic initiatives of the past year have created a scaled, growing, global omni-channel provider of retail and online experiences. We continue to demonstrate strategic and prudent use of our capital resources and balance sheet to drive growth and returns for our stakeholders. Combined with our operational expertise and long-term vision, we are aggressively pursuing and executing on the many growth opportunities before us.”
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Fourth quarter completed a successful and truly transformational year for Bally’s The addition of four regional gaming properties from Queen earlier in 2025 helped push Bally’s fourth quarter casino revenue to $366.2m, marking an increase of 12.9 per cent year over year, partially offset by new competition in Shreveport, Evansville and Dover. Properties operating in…
The post Bally’s enjoys growth of 12.9 per cent following Queen aquisition appeared first on G3 Newswire.