Bally’s Corp has reported an impressive 28.6% increase in its fourth-quarter revenue, driven by expansion in both its casino and online sectors, in addition to recent acquisitions. The company continues to enhance its development projects and strengthen its international footprint.

The U.S.-based casino operator revealed preliminary revenue of $746.2 million for the quarter ending December 31, compared to approximately $580 million a year prior.

Revenue from its Casinos & Resorts division surged by 12.9% to $366.2 million, aided by the integration of Queen Casino properties earlier this year along with a newly refurbished venue in Baton Rouge. Their Bally’s Intralot B2C segment also reported $236.5 million in revenue, reflecting a 13.9% increase. Moreover, revenue from North America Interactive skyrocketed by 55.4% to $62.3 million, fueled by robust growth in iGaming and sports betting.

“The fourth quarter marks the conclusion of a successful and transformative year for Bally’s. In 2025, we redefined and diversified our portfolio both domestically and globally, across online and retail sectors, while fortifying our financial standing for sustainable growth in the near and long term,” stated Chief Executive Robeson Reeves.

The North America Interactive segment achieved profitability on an adjusted basis, reporting EBITDAR of $0.8 million, a significant recovery from a loss of $10.2 million a year ago. This improvement is attributed to strategic initiatives focusing on enhancing customer experience, integrating artificial intelligence, and increasing automation.

During the period from February 8 to December 31, which Bally’s calls the successor period, the company reported approximately $2.436 billion in revenue, closely aligning with the prior year’s total of around $2.45 billion, indicating consistent year-on-year performance as revenue increasingly shifts towards digital operations.

Bally’s is undergoing a transformation through a significant deal with Greek lottery operator Intralot, having sold its international interactive operations for 2.7 billion euros ($2.9 billion), thus establishing Bally’s Intralot, where it retains a 58% controlling interest.

“In terms of our digital interactive strategy, we have become the majority owner of Bally’s Intralot, creating a global leader in iGaming and lottery solutions, characterized by enhanced scale and a diverse, complementary product range covering B2C, B2G, and B2B channels,” Reeves added.

Additionally, the company has strengthened its financial position by securing a $1.1 billion credit facility due in 2031 and repaying a $1.47 billion term loan set to mature in 2028. By year-end, Bally’s reported $108.2 million in cash reserves and $4.5 billion in long-term debt, up from $3.3 billion in 2024. The company did not disclose specific profit or loss figures for the quarter or the complete year.

On the development side, Bally’s is advancing multiple large-scale initiatives throughout the United States. In New York, the company has obtained a license to develop a $4 billion casino resort in the Bronx.

“In December, the New York State Gaming Commission granted us a Gaming Facility License for Bally’s Bronx,” Reeves mentioned. “This integrated casino resort project represents a $4.0 billion investment, the largest private venture in the borough’s history.”

Project completion is anticipated by 2030, promising a sprawling 16-acre destination featuring 3 million square feet of gaming space, a 500-room hotel, a 2,000-capacity event center, and a cultural hub.

“We are both enthusiastic about and committed to the Bronx initiative, which presents substantial benefits to the local community, projecting over $765 million in community investments and the creation of thousands of jobs,” he continued.

Furthermore, the company is making strides on its Chicago casino project and a significant development in Las Vegas at the former Tropicana location.

“We are pressing ahead with our efforts to develop Bally’s Las Vegas on the previous Tropicana site, sharing a 35-acre complex with Major League Baseball’s Las Vegas Athletics,” Reeves stated. “Construction is already underway in preparation for the A’s 2028 season debut, aiming to redefine the dining, retail, and entertainment experiences in the vibrant heart of the Strip.”

The company plans to postpone the filing of its annual report and release finalized audited results at a later date, clarifying that current figures are preliminary and subject to change.

“In conclusion, our strategic initiatives over the past year have established a significant, expanding, global omni-channel provider of both retail and online experiences,” Reeves concluded. “With our operational expertise and forward-looking vision, we are actively seeking and capitalizing on numerous growth opportunities ahead of us.”