Bally’s Corporation has reported revenue of US$657.5 million (£488.38m) for the second quarter of 2025, up 5.8 percent, year-on-year, and driven by gains in its Casinos & Resorts and North America Interactive segments.
Casinos & Resorts revenue increased 14.7 percent to US$393.3 million (£292.12m), reflecting the addition of four regional properties acquired through the February 2025 merger with The Queen Casino & Entertainment.
Growth was led by properties in Quad Cities, Vicksburg and Baton Rouge, partially offset by competitive pressures in Shreveport, Evansville and Dover. Segment adjusted EBITDAR rose 6.2 percent, compared to Q2 last year, to US$106 million (£78.72m).
But, precipitated by the divestiture of its Asia digital vertical, Bally’s International Interactive Revenue fell by over 10 percent to US$206.1 million (£153.08m).
Excluding this impact, overall revenue still increased by 10 percent, year-on-year, led by 8.8 percent growth in the UK and continued gains in Spain following the easing of marketing restrictions.
Segment adjusted EBITDAR was US$82.2 million (£61.06m), a fraction over one percent up on Q2 2024.
Intralot
North America Interactive revenue grew 21.5 percent to US$56.5 million in Q2 (£41.97m), benefiting from the integration of Queen’s interactive business and higher activity in both iGaming and online sports betting. The vertical reported adjusted EBITDAR of US$2.5 million (£1.85m), compared to a -US$2.2 million loss (-£1.63m) loss in last year’s second quarter.
BallyBet is currently operating in 13 North American jurisdictions, including New Jersey and Ontario. And the company is also offering iGaming in New Jersey, Pennsylvania, Rhode Island and Ontario.
And in further big news Bally’s is also negotiating to buy majority control of Greek iGaming heavy-hitter Intralot S.A. for €2.7 billion in cash and stock (£2.32bn/US$3.14bn).
Affirmed Robeson Reeves, Bally’s CEO: “Our second quarter results reflect milestone achievements and marked progress on our continued business transformation as the new Bally’s 2.0.
Da Bronx
“Construction is in full swing at our permanent gaming and entertainment destination resort in Chicago. The resort will feature approximately 3,400 slots, 170-plus table games, a 500-room hotel tower, 3,000 seat theater, ten food and beverage venues and a river-side public park.
“Following the completion of the [Intralot] transaction, which is expected in the fourth quarter of 2025, [we will be]a leading digital gaming operator and technology provider for lottery products.
“The combined company’s technology capabilities and presence in some of the most attractive markets in Europe and North America, will allow Intralot to pursue new growth opportunities in gaming and lottery markets globally. This transaction is transformative for Bally’s as we unite our outstanding gaming and data technology with Intralot’s exceptional expertise in lottery.
“Together, we are creating a unique proposition that will pave the way for a new era of innovation and growth across the entire gaming spectrum.”
Meantime, Bally’s continues to move forward with its proposal for a US$4 billion (£2.96bn) casino and resort in New York City’s Bronx.
