Highlights of the first quarter include:
- Company-wide revenue increased to $618.5 million, up 3.3% compared to the previous year.
- Revenue from Casinos & Resorts reached $342.3 million, showing a 4.1% increase year-over-year.
- International Interactive revenue totaled $234.7 million, a decrease of 4.4% compared to the previous year.
- North America Interactive revenue surged to $41.5 million, up by an impressive 70.2% year-over-year.
- Bally’s successfully launched iGaming in Rhode Island as the sole provider.
- The closure of Tropicana Las Vegas was finalized to prepare for the relocation of the Las Vegas A’s to a portion of the Tropicana site.
Robeson Reeves, Bally’s Chief Executive Officer, expressed satisfaction with the company's performance, particularly highlighting revenue growth in the Casinos & Resorts and North America Interactive segments. Reeves noted that while International Interactive revenues experienced a slight decline, core UK interactive operations saw revenue growth of 12%. He emphasized the company's strategies to adapt to changes in the UK market and expressed optimism about future growth prospects.
Looking ahead, Bally’s anticipates continued momentum in its operations, including the development of the Chicago Permanent Casino and the enhancement of properties such as the Atlantic City property. The company also remains committed to optimizing operations and reducing expenses to drive profitability.
Bally’s reaffirmed its annual guidance for 2024, expecting revenues in the range of $2.5 billion to $2.7 billion and Adjusted EBITDAR in the range of $655 million to $695 million. The guidance factors in the impact of the Tropicana Las Vegas closure and anticipates growth from various initiatives, including the ramp-up of the Chicago Temporary Casino and the introduction of iGaming operations in Rhode Island.
18+ | Juegoseguro.es – Jugarbien.es
