Bally’s North America Interactive revenue up 24.4% to US$41.5 million in Q4
US operator Bally’s Corporation has reported fourth-quarter revenue from its Bally’s Interactive North America division rose 24.4% to US$41.5 million, compared to the fourth quarter of 2023.
The division also reported an adjusted EBITDAR loss of $12.3 million for the fourth quarter.
Meanwhile, company-wide revenue fell by 5.1% to US$580.4 million, year-over-year, with overall International Interactive revenue declining 9.1% to US$214.5 million over the same period.
Elsewhere, full-year revenue was up for Bally’s Interactive North America, rising from US$112.5 million to US$177.8 million, a 58% increase year-over-year. International revenue didn’t fair as well, with revenue declining from US$973.2 million to US$909.5 million, a 6.5% drop.
Robeson Reeves, Bally’s Chief Executive Officer, said, “Performance was negatively impacted during the quarter by the transition to a new unified platform, an impact we expect will reverse itself in the first quarter.”
He added, “During the quarter we launched the Monopoly Casino app in New Jersey to very healthy customer response and launched our Bally Bet online sports betting platform in Tennessee. We continue to gain strong customer support for our igaming and sports product offerings which we believe will result in positive long-term performance from this segment.”
Verticals:
Sectors:
Topics:
