Bally’s Revenue Rises 22% as Intralot B2C Adjusted EBITDAR Falls

Bally’s Corporation announced preliminary third-quarter results on November 9, 2026, reporting consolidated revenue of $807.6 million, up 21.7% from $663.7 million a year earlier. The revenue increase contrasted with lower Segment Adjusted EBITDAR at Intralot B2C and a slight decline at Casinos & Resorts, while the company’s financial close remained incomplete.

Revenue Growth Extends Beyond Casinos

Casinos & Resorts generated $408.6 million of revenue, up 3.2%, in the detailed preliminary results. Bally’s attributed the increase to the landside moves of Bally’s Baton Rouge and Bally’s Marquette, the third-quarter inclusion of Sam’s Town Shreveport, which was acquired during the quarter, and growth at Bally’s Chicago temporary facility.

Bally’s Intralot B2C revenue rose 22.8% to $257.5 million, while North America Interactive increased 25.6% to $62.7 million. The company attributed the B2C growth to strong UK revenue growth and the addition of Intralot’s B2C business, and the interactive increase to wagering-revenue growth across all verticals. Bally’s Intralot B2B contributed $76.6 million, compared with $5.5 million a year earlier.

Adjusted EBITDAR Trails Revenue In Two Segments

The revenue increase did not lift segment earnings everywhere. Bally’s reported Intralot B2C Segment Adjusted EBITDAR of $77.0 million, down from $86.4 million despite that business’s revenue growth. Casinos & Resorts recorded $107.8 million, compared with $107.9 million a year earlier, leaving its segment result slightly lower despite the additional revenue. Segment Adjusted EBITDAR is Bally’s profit measure for reportable segments, excluding interest, taxes, depreciation, amortization and other specified items, while adding back rent for triple-net operating leases on casino real estate.

There were improvements elsewhere. North America Interactive’s Segment Adjusted EBITDAR loss narrowed to $3.2 million from $6.0 million, while the Corporate & Other loss narrowed to $14.1 million from $18.0 million. Those figures provide a counterpoint to the declines in Intralot B2C and Casinos & Resorts rather than a uniform deterioration across the company’s segment results.

The estimates cover the three and nine months ended September 30, 2026, and are based on currently available information. Bally’s has not completed its financial-statement close and said closing procedures could identify items requiring adjustments to the preliminary operating results. It expects to file for an extension and then submit its Form 10-Q quarterly report within that extension period.

Separately, Bally’s closed previously announced financing for its Bronx project on October 1, 2026. The company received $400 million, with another $160 million available for future draws.

Chief Executive Robeson Reeves described the period as “another solid quarter,” saying development projects remained on track, execution was improving results across every segment and market conditions remained stable entering the fourth quarter and 2027.

The completed quarterly report will establish whether the preliminary figures survive the close. Beyond that filing, the operating question is whether the faster-growing Intralot and interactive businesses can produce stronger segment earnings while Bally’s funds and advances its development projects.