Bally’s merger with Queen casino, effective from February 8, 2025, gave a lift to Bally’s financial quarter, though it still ended down on the previous year.
For the quarter ending March 31, 2025, total revenue was US$589.2m, a year-on-year decrease of 4.7 per cent or $29.3m.
Revenue from casinos and resorts, however, was $351.2m, an increase of 2.6 per cent year-on-year from $342.3m. $226.9m of that was from the period up to February 7, while $124.3 was accrued from February 8.
UK online revenue grew 4.9 per cent, while overall International Interactive revenue declined 18.3 per cent year-on-year to $191.7m “due to the divestiture of the Asia interactive business in 2024.”
“There continued to be stability in the domestic regional gaming environment in the first quarter, but inclement weather and increased supply in a few of our regional markets offset the growth generated by the addition of the Queen assets,” said Robeson Reeves, Bally’s CEO.
“The team has overcome some traffic impacts in Rhode Island through marketing interventions, the Chicago temporary facility continues to fine tune its operations and build its data base in anticipation of the opening of the permanent facility, and we expect improvements in Atlantic City based on recent leadership changes.
“Despite the competitive landscape, during the first quarter, Bally’s legacy properties outpaced market growth in seven of 12 jurisdictions.”
