Bally’s Reports 21.7% Revenue Growth in Q3 2026
United States – 12 November 2026 – www.zonadeazar.com Bally’s Corporation has announced preliminary financial results for the third quarter of 2026, reporting consolidated revenue of US$807.6 million, representing a 21.7% year-on-year increase.
Growth was primarily driven by the B2B and B2C operations of Bally’s Intralot, while the company’s casino division recorded more moderate revenue growth.
The operator also confirmed that it will request an extension from the US Securities and Exchange Commission (SEC) to file its complete quarterly financial report.
Intralot Drives Revenue Growth
The integration of Intralot was the main contributor to Bally’s revenue growth during the quarter.
Preliminary results include:
- Bally’s Intralot B2B: US$76.6 million, compared with US$5.5 million a year earlier.
- Bally’s Intralot B2C: US$257.5 million, an increase of 22.8%.
- Casinos & Resorts: US$408.6 million, up 3.2%.
- North America Interactive: US$62.7 million, representing growth of 25.6%.
Combined, Intralot’s B2B and B2C businesses generated approximately US$333.9 million, becoming important components of the group’s commercial structure.
Profitability and Operating Performance
Despite significant revenue growth, profitability improved at a more moderate pace.
Combined segment adjusted EBITDAR reached approximately US$179.6 million, representing growth of around 2% year-on-year.
The Casinos & Resorts division reported adjusted EBITDAR of US$107.8 million, virtually unchanged from 2025.
Meanwhile, Intralot’s combined businesses recorded a 3% decline in this measure to US$89.1 million.
The North American interactive division reduced its adjusted operating losses from approximately US$6 million to US$3.2 million.
Chicago: US$1.8 Billion Development
Bally’s continues developing its permanent casino in Chicago, representing an estimated investment of US$1.8 billion.
The opening, initially scheduled for September 2026, has been postponed until 2027 after Illinois authorities granted an extension to the temporary casino licence.
The company is also reviewing approximately 12% of the development, primarily involving non-gaming components.
This decision follows the Chicago City Council’s approval of video gaming terminals.
Despite the adjustments, Bally’s remains committed to completing the casino, event facilities, required food and beverage outlets and the first 100 hotel rooms.
Las Vegas: Funding Uncertainty Continues
Another major development is planned for Las Vegas, where Bally’s intends to build a mixed-use complex valued at approximately US$1.19 billion.
The project will be located alongside the future stadium of the Athletics Major League Baseball (MLB) franchise.
However, progress has been limited over the past year, largely because of financing and infrastructure coordination issues.
Gaming and Leisure Properties (GLPI) has expressed willingness to provide between US$200 million and US$250 million, although the financing depends on outstanding commercial agreements between Bally’s and the baseball team.
New York: US$560 Million for Bronx Development
Bally’s is also progressing with a casino and entertainment development in the Bronx, New York, representing an estimated total investment of US$4 billion.
The property is scheduled to open in 2030.
On 2 October, the company confirmed a US$560 million financing arrangement with WhiteHawk Capital Partners.
The agreement includes US$400 million initially available and a further US$160 million through subsequent funding draws.
These resources will support pre-construction planning and preparation for the project’s next financing stages.
Australia: Star Entertainment Faces Major Penalty
Bally’s international investment in Star Entertainment presents another challenge for the group.
The Australian operator received a AU$260 million penalty (approximately US$178.5 million) for historical anti-money laundering violations.
Bally’s acquired a controlling interest in Star during 2025 through a US$138 million transaction.
The Australian company currently operates Star Sydney and Star Gold Coast following its withdrawal from the Brisbane joint venture.
New South Wales authorities have also confirmed that Star Sydney’s casino licence will remain suspended until 30 June 2027.
Bally’s maintains that operational and compliance changes introduced since its investment are contributing to improvements across the business.
Statements from Bally’s Corporation
Robeson Reeves, CEO of Bally’s Corporation, highlighted the operational performance recorded during the quarter and progress across the company’s major projects.
The executive explained that developments remain on track and operational improvements are contributing to stronger performance across the group’s divisions.
He also indicated that market conditions remain stable heading into the final quarter of 2026 and the following financial year.
Industry Impact and Next Steps
Bally’s results demonstrate the increasing contribution of digital operations to its business structure, particularly following the integration of Intralot.
However, the company faces substantial financial commitments associated with its Chicago, Las Vegas and New York developments, alongside regulatory challenges involving Star Entertainment in Australia.
The publication of its complete quarterly report will provide greater clarity on net income, debt and liquidity.
With quarterly revenue exceeding US$807 million, Bally’s aims to consolidate its international expansion while managing a development portfolio representing more than US$7 billion in planned investments.
Editó: @fonta
