Bally’s reports preliminary Q3 results, consolidated revenue rises 21.7% to $807.6m

Bally’s Corporation has reported its preliminary financial results for the third quarter of 2026, as the operator’s consolidated revenue increased 21.7% to $807.6m. Bally’s confirmed it will file an extension under Rule 12b-25 of the Securities Exchange Act prior to releasing its full Q3 report. 

Casinos & Resorts accounted for nearly $408.7m of the operator’s total Q3 revenue and increased 3.2%, although the segment’s adjusted EBITDAR fell 0.2% year-over-year to $107.8m. 

In September, Bally's announced it secured new financing totaling $560m to support the development of its planned casino and resort in the Bronx, New York, comprising $400m in closing-date term loan commitments and $160m in delayed draw term loan commitments.

Proceeds from the loans will fund pre-construction costs and expenditures associated with the Bally's Bronx development, with a portion of the proceeds available to the company for general corporate purposes.

Bally’s reported significant revenue growth across its Intralot B2B operations during the quarterly period, having increased 1297.5% to $76.6m. The segment’s adjusted property also increased from the prior year period, rising 122.5% to $12.2m. 

Bally’s Intralot B2C operations managed to report a revenue increase for Q3 2026 as well, totaling $257.5m for growth of 22.8%. Intralot B2C operations witnessed a decrease in adjusted EBITDAR, however, which fell 10.9% to nearly $77m. 

The operator’s North America Interactive segment reported revenue growth of 25.6% to $62.7m during Q3, and even decreased its adjusted EBITDAR loss to $3.2m after reporting a loss of $6m for the third quarter of 2025. 

Bally’s stated that while its full Q3 results are “not yet available,” the operator’s preliminary report “reflects our current expectations regarding revenues and segment adjusted EBITDAR for the three and nine months ended September 30, 2026.”

Also during Q3, Bally's Executive Chairman Soo Kim – who serves as Chairman of The Star Entertainment Group – issued a statement in support of the Australian operator despite having received an AU$260m penalty from the country’s Transaction Reports and Analysis Centre (AUSTRAC).

Bally’s – which is currently the largest investor in The Star – “supports” the operator’s decision to accept the Federal Court’s punishment but “recognizes the seriousness of the historical conduct underlying the proceedings.”

Following its preliminary Q3 report, Bally's share price decreased 3.2% at the time of market close on November 9 to $11.99 per share. Over the prior 30-day period, Bally's share price has decreased 12.7%.