Bally's Earnings Call Transcripts
Fiscal Year 2026
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Bally's Chicago is progressing toward an early 2027 opening, with construction ongoing and a $1.34 billion capital commitment on track. The company has adjusted development sequencing in response to VGT legalization but remains committed to fulfilling all obligations and engaging transparently with investors.
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The meeting covered director re-elections, auditor ratification, executive compensation, and an equity plan amendment, all of which were approved. Shareholders asked about Las Vegas development, but no new details were provided.
Fiscal Year 2024
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Q3 2024 revenue declined less than 1% year-over-year to $630 million, with strong growth in North America Interactive and U.K. Interactive offsetting declines in Casinos and Resorts and non-U.K. International Interactive. Major development projects and efficiency initiatives are underway.
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Second quarter revenue grew 3% year-over-year to $622 million, led by strong U.K. and North America Interactive performance, while International Interactive outside the U.K. declined. The company secured $940 million in Chicago casino financing and expects 2024 results at the lower end of guidance.