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Bally’s announces Q1 revenue growth and $850m fundraising

14th April 2021 8:45 am GMT

New York-listed gaming operator Bally's Corporation expects to report a 70 per cent increase in revenue to $185.0m for the first quarter of 2021.

Bally’s attributed the growth to the significant acceleration in March as COVID-19 restrictions were relaxed across the United States. 

The year-on-year revenue growth helped adjusted EBITDA for the quarter to more than double to $50.0m, up from $22.1m a year ago.

“We are extremely encouraged by our trends and March numbers,” said Bally's Corporation [...]

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