Bally’s raises earnings guidance after Q1 growth
Bally’s Corporation has increased its full-year adjusted EBITDAR guidance following growth in the first quarter of its 2023 financial year.
The operator reported “strong” growth across all of its segments, but singled out Casino & Resorts in particular, with revenue within this area of the business reaching a new record high.
Bally’s also hailed progress within its North America Interactive segment, while adding that the recent deal with Kambi Group and White Hat Gaming, under which the two providers will power its sports betting offering, will help support long-term growth.