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Bally’s shares slump despite record third quarter revenue

1st November 2023 2:01 pm GMT

New York-listed betting and gaming operator Bally’s Corporation has posted record results for the third quarter of 2023, as revenue increased by 9 per cent to $632.5 million.

The solid Q3 performance was driven by a 9 per cent rise in revenue from the company’s core Casinos & Resorts segment to a record $359.0 million.

International Interactive revenue rose 7 per cent to $243.9 million on the back by a 13 per cent increase in UK revenue, [...]

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