Gaming made up the vast majority of Bally’s revenue, at $227.6m, a 135.6% year-on-year increase. Hotel revenue was up 383.35 to $32.9m, while food and beverage revenue grew 327.5% to $29.5m. Racing, meanwhile, brought in 42.0m, up 20.0%.
Other revenue grew almost five-fold to $22.8m.
However, Bally’s expenses tripled to $287.0m. Costs of sales related to gaming made up $75.2m and food and beverage costs of sales were $21.4m, while costs of sales from hotels were $9.4m and those from racing were $2.0m. All of these costs grew roughly in line with revenue in the given areas.
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Original article: https://igamingbusiness.com/ballys-q3-revenue-up-170-in-final-quarter-before-gamesys-acquisition/
