Bally's Reports Increased Profits in the U.S. and U.K. Amid Exit from Asian Market

Bally’s Corporation reported a revenue of $589.2 million (₽47.65 billion) for the first quarter of 2025, with management highlighting strong growth in North America and Europe.
The Casinos & Resorts division, which remains the largest segment of Bally’s, generated revenue of $351.2 million (₽28.41 billion), marking a 2.6% increase compared to the same quarter last year. EBITDA rose by 6.3%, reaching $95.1 million (₽7.69 billion). This growth was bolstered by the addition of four regional properties acquired through the deal with Queen Casino & Entertainment. Despite adverse weather conditions and increased competition in certain markets, Bally’s historic properties outpaced market growth in 7 out of 12 jurisdictions.
In the North America Interactive segment, revenue surged by 12.5% to $44.5 million (₽3.6 billion). This improvement is attributed to the integration of Queen's digital assets, as well as the expansion of the BallyBet platform and the iGaming segment. Notably, Rhode Island experienced significant growth as temporary disruptions at land-based casinos redirected traffic to online platforms.
The company's UK operations remain robust, with revenue increasing by 4.9%, driven by strong customer loyalty. Spain also showed positive trends following the easing of advertising restrictions on gambling. The EBITDA for the international segment stood at $77.1 million (₽6.24 billion).
Bally’s has announced strategic plans for global expansion, including a $200 million AUD (₽10.41 billion) investment in Star Entertainment Group, which operates casinos in Sydney, Brisbane, and the gold-coast">Gold Coast. The deal is structured as a convertible note and subordinated debt, potentially allowing Bally’s to acquire up to a 38% equity stake in Star.
CEO Robeson Reeves expressed cautious optimism regarding the year’s outlook, emphasizing operational efficiency and margin improvement across all segments. Despite global economic instability, the company’s gaming business demonstrates resilience and remains a cornerstone for long-term stock value growth.
It is worth noting that Bally’s has strengthened its position in the gaming market following its merger with Queen Casino and Standard General.