Login/Register
Octoplay
Octoplay
Jumio
BetConstruct

Impairment charges push Bally’s Q4 net loss to $476.8m

13th February 2023 1:29 pm GMT
Red Tiger

New York-listed betting and gaming operator Bally’s Corporation expects to post a net loss of $476.8m for the final quarter of 2022, with results negatively impacted by non-cash impairment charges of $464.0m relating to its Interactive segments.

Bally’s said Monday that Q4 revenue is expected to climb 5 per cent year-on-year to $576.7m, driven by a 15 per cent rise in Casino & Resorts revenue to $319.2m.

North America Interactive revenue increased by 42 per cent to [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
Uplatform
Amusnet
Indigo Magic
Greentube
Astropay
digitain
Yggdrasil
Jumio
BetConstruct