BALLYS Stock Price, News & Analysis

Bally's Corporation (NYSE:BALY) reported Q2 2025 financial results with total revenue of $657.5 million, up 5.8% year-over-year. The company's performance was marked by strong growth across segments, with Casinos & Resorts revenue increasing 14.7% to $393.3 million and North America Interactive revenue rising 21.5% to $56.5 million.

Key developments include a landmark agreement where Intralot S.A. will acquire Bally's International Interactive business for €2.7 billion, making Bally's the majority shareholder of Intralot. The company also made a strategic AUD $200 million investment in Star Entertainment Group and continues progress on its Chicago gaming resort construction and proposed $4 billion Bronx casino project.

Bally's Corporation (NYSE: BALY) has scheduled the release of its Q2 2025 financial results for Monday, August 11, 2025, after market close. The results will cover the quarter ended June 30, 2025.

Intralot S.A. (ATSE: INLOT) has announced a landmark agreement to acquire Bally's Corporation's (NYSE: BALY) International Interactive business in a cash-and-shares transaction valued at €2.7 billion. The deal structure includes €1.530 billion in cash consideration and €1.136 billion in newly issued Intralot shares (873,707,073 shares at €1.30 per share).

To finance the transaction, Intralot has secured commitments for debt financing up to €1.6 billion from Citizens Bank, Deutsche Bank, Goldman Sachs, and Jefferies, and plans to launch a €400 million share capital increase. Bally's will become Intralot's majority shareholder post-transaction, while founder Sokratis Kokkalis will maintain a significant stake.

The combined entity will emerge as a leading digital gaming operator and technology provider for lottery products, with operations across Europe and North America. The transaction, expected to close in Q4 2025, will create a company with €1.1 billion in revenues, approximately 38% pre-synergies EBITDA margin, and over €1.4 billion in contracted lottery revenue through 2029.

Post-transaction, Robeson Reeves, Bally's current CEO, will become Intralot's CEO, while Nikolaos Nikolakopoulos will serve as President and CEO of the Lotteries division, and Chrysostomos Sfatos as CFO.

Hasbro (NYSE:HAS) has announced new multi-year casino licensing partnerships with Aristocrat Technologies, Evolution, Galaxy Gaming, and Bally's, joining existing licensee Sciplay. The partnerships, set to launch in January 2026, align with Hasbro's "Playing to Win" strategy announced in February 2025.

The partnerships will expand Hasbro's nearly 30-year presence in the gambling sector through various formats: Aristocrat Technologies will develop land-based slot machines featuring MONOPOLY; Evolution will create online slots and live casino games with MONOPOLY and Hasbro Games; Galaxy Gaming will produce casino table games incorporating MONOPOLY, YAHTZEE, and BATTLESHIP; and Bally's will operate online casino games featuring MONOPOLY.

This strategic expansion aims to reimagine Hasbro's iconic brands for adult audiences across physical and digital gambling platforms, including land-based gaming slots, online gaming slots, casino table games, and online casinos.

Bally's Corporation (NYSE: BALY) reported Q1 2025 financial results showing mixed performance across segments. Total revenue declined 4.7% year-over-year to $589.2 million. Key segment performance includes: - Casinos & Resorts revenue increased 2.6% to $351.2 million - International Interactive revenue declined 18.3% to $191.7 million, though UK online revenue grew 4.9% - North America Interactive revenue rose 12.5% to $44.5 million Notable developments include completing transactions with Standard General and Queen Casino & Entertainment, expanding domestic gaming portfolio. The company made a strategic AUD $200 million investment in Star Entertainment Group, potentially leading to ~38% ownership. Construction of the permanent Chicago casino continues with GLPI support. The company's legacy properties outperformed market growth in 7 of 12 jurisdictions despite weather challenges and increased competition.

Bally's Corporation (NYSE: BALY) has scheduled the release of its first quarter 2025 financial results for Monday, May 12, 2025, after the market closes. The earnings report will cover the company's financial performance for the period ending March 31, 2025.

Bally's (NYSE: BALY) has entered into a binding agreement with The Star Entertainment Group for a strategic investment of AUD 300 million (USD 187 million) through convertible notes and subordinated debt. Upon conversion, Bally's would own up to 56.7% of The Star's fully diluted share capital.

The investment consists of multiple tranches, including Tranche 1 Notes (convertible into 14.56% ownership) and Tranche 2 Notes (convertible into 50.3% ownership). The notes feature a 9.0% annual interest rate, payable quarterly, and mature on July 2, 2029. The conversion price is fixed at AUD 0.08 per share.

The Star operates casino and resort properties in Sydney, Brisbane, and the Gold Coast, employing approximately 8,000 team members. Bally's aims to leverage its operational expertise to revitalize The Star's operations and restore its position as Australia's leading gaming destination.

Bally's (NYSE: BALY) has announced key executive changes, with Mira Mircheva appointed as Executive Vice President and Chief Financial Officer, pending regulatory approvals. The current CFO, Marcus Glover, transitions to Executive Vice President, Global Operations Group.

Mircheva brings over 25 years of finance experience in hospitality and gaming, most recently serving as CFO of The Queen Casino & Entertainment. Her career includes positions as Partner & Research Analyst at Standard General, Senior Research Analyst at Perella Weinberg Partners Asset Management, and Vice President at Goldman Sachs. She currently serves on the Board of Directors of White Energy and Intralot S.A.

The appointment aims to strengthen Bally's financial position through cost structure optimization and enhanced operational efficiency, particularly as the company integrates Queen Casino into its operations.

Bally's (NYSE: BALY) reported Q4 2024 financial results, showing company-wide revenue of $580.4 million, down 5.1% year over year. The company's segments performed variably:

- Casinos & Resorts revenue declined 5.2% to $324.4 million
- International Interactive revenue fell 9.1% to $214.5 million, though UK online revenue grew 11.3%
- North America Interactive revenue increased 24.4% to $41.5 million

Notable developments include groundbreaking of the permanent Chicago casino, completion of Tropicana Las Vegas demolition, and acquisition of Queen Casino & Entertainment's four properties, which generated Q4 revenue of $57.6 million. The company faces challenges in Chicago Temporary Casino performance and Rhode Island visitation due to bridge construction, while showing strength in markets like Kansas City with its new high-limit room.