Bally 2025 10-K: $2.44B Revenue, $(10.73) EPS and $(665.5M) Net Loss

Bally reported total revenue of $2,436.2 million for the successor period Feb 8–Dec 31, 2025, while recording a consolidated net loss of $665.5 million and a basic and diluted loss per share of $(10.73). The loss from operations for the period was $(277.7) million, reflecting elevated operating and integration costs following recent transactions. These results follow the company’s combination with Intralot and other portfolio changes that shifted its revenue mix and cost base. Financial Highlights Total revenue: $2,436.2 million (Successor period Feb 8–Dec 31, 2025)Loss from operations: $(277.7) million (Successor period Feb 8–Dec 31, 2025)Net loss: $(665.5) million (Consolidated, Successor period Feb 8–Dec 31, 2025)Basic and diluted loss per share: $(10.73) (Successor period Feb 8–Dec 31, 2025) Business Highlights Revenue mix and transactions: Total revenue was roughly flat year-over-year, with growth contributed by the Queen and Intralot combinations offset by impacts from divestitures.Channel and segment shifts: Completion of the Intralot combination created more distinct B2B and B2C segments and expanded technology and licensing revenue streams, shifting the company toward interactive and platform-based offerings.Geographic and brand expansion: Strengthened U.S. footprint through merger activity with Standard General/Queen and advanced international reach supported by a A$200 million investment in The Star.Major development projects: Continued progress on Bally’s Chicago construction, award of New York downstate casino license, and planning for the Tropicana Las Vegas integrated resort project.Operational focus and integration: Elevated general and administrative expenses and integration/M&A spend alongside recorded impairments related to Intralot licensing driven by reassessed cash flows; operational priorities center on cost integration and realizing synergies from recent transactions.Original SEC Filing: Bally's Corp [ BALY ] - 10-K - Mar. 23, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.