Bally’s Corporation Reports Revenue Growth in Third Quarter

This revenue boost was driven by solid performance across all key operating segments, including physical casinos and the expanding North American and International Interactive divisions. The company’s strategic focus on regional casino properties and the successful rollout of new interactive products contributed to the overall financial uplift during the period.

Casino and Resorts Operations Expand

The Casinos and Resorts segment generated $\$396.1$ million in revenue for Q3 2025, representing a $12.1\%$ year-over-year increase. This growth reflects stronger results from four regional gaming properties during the quarter.

The Adjusted EBITDAR for this division stood at $\$107.9$ million. Construction also continues on the permanent Chicago resort and entertainment center, which will feature a casino, a $500$-room hotel, dining venues, and a $3,000$-seat theater.

This property, along with the planned $35$-acre development at the former Tropicana site in Las Vegas, is set to redefine the company’s physical gaming presence.

Digital Interactive Segment Sees Gains

The corporation’s Interactive division is split into two operating areas: North America and International. North America Interactive revenue reached $\$49.9$ million, an increase of $13.1\%$ from the previous year.

This rise was credited to the successful launch of the Queen interactive product line and growing online sports betting revenue. The segment, however, posted an Adjusted EBITDAR loss of $\$5.99$ million.

Meanwhile, International Interactive reported revenue of $\$215.1$million. Excluding the impact of a $2024$ Asia Interactive divestiture, this segment saw an $11.7\%$ year-over-year revenue increase. O

nline gaming revenue in the United Kingdom grew by $8.0\%$, or $4.2\%$ at a constant currency rate. The International segment produced a positive Adjusted EBITDAR of $\$91.9$ million.

Strategic Transactions and Future Projects

In a key strategic move, Bally’s announced in the early fourth quarter the completion of Intralot S.A.’s acquisition of Bally’s International Interactive business. This transaction made Bally’s the majority shareholder of Intralot, with an $58\%$ownership interest.

The company allocated a portion of the cash proceeds to reduce approximately $\$1.3$ billion in secured debt and outstanding revolver balances. Cost-saving programs were also launched following the closing, targeting over $\$15$ million in annual savings across corporate and casino segments.

CEO Robeson Reeves addressed the company’s transformation, stating, “Our solid third quarter results and recent strategic initiatives highlight further marked progress across multiple fronts on our transformation to the new Bally’s $2.0$. We announced in October that Intralot S.A. completed its acquisition of Bally’s International Interactive business for $€2.7$billion, comprised of $€2.30$ billion cash paid to Bally’s and $13.7$ million new Intralot shares issued to Bally’s. Following the closing, Bally’s became the majority shareholder of Intralot with a $58\%$ ownership interest.”

In other news, Bally’s application for a $\$4.0$ billion integrated casino resort in the Bronx, New York, was approved by the local Community Advisory Committee in September. The proposal is one of three remaining candidates for new New York gaming licenses. The project includes plans for approximately $3,500$ slot machines, $250$ gaming tables, a $500$-room hotel, and an event center.