{"id":346727,"date":"2025-08-12T21:57:32","date_gmt":"2025-08-13T02:57:32","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/08\/12\/ballys-q2-2025-growth-fuels-bold-ballys-2-0-transformation\/"},"modified":"2025-08-12T21:57:32","modified_gmt":"2025-08-13T02:57:32","slug":"ballys-q2-2025-growth-fuels-bold-ballys-2-0-transformation","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/08\/12\/ballys-q2-2025-growth-fuels-bold-ballys-2-0-transformation\/","title":{"rendered":"Bally\u2019s Q2 2025 growth fuels bold \u2018Bally\u2019s 2.0\u2019 transformation"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/readwrite.com\/wp-content\/uploads\/2025\/08\/Ballys-Q2-2025-growth-fuels-bold-\u2018Ballys-2.0-transformation-300x200.png\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Bally\u2019s Q2 2025 growth fuels bold \u2018Bally\u2019s 2.0\u2019 transformation. Red Bally&#039;s logo on top of background of dollars.\" style=\"width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px\" \/><\/div>\n<p>Bally\u2019s Corporation says it had \u201cmilestone achievements and marked progress\u201d in the second quarter of 2025 as it pushes ahead with what CEO Robeson Reeves calls the \u201cnew Bally\u2019s 2.0.\u201d<\/p>\n<p>For the three months ending June 30, the company brought in $657.5 million in revenue, which is a 5.8% increase from last year. Casinos and resorts revenue jumped 14.7% to $393.3 million, helped by the February merger with The Queen Casino &amp; Entertainment. North America Interactive revenue climbed 21.5% to $56.5 million, and UK online operations were up 8.8%.<\/p>\n<h2><span id=\"ballys_q2_2025_in_full_swing-2\">Bally&#8217;s Q2 2025 in &#8216;full swing&#8217;<\/span><\/h2>\n<p>\u201cOur second quarter results reflect milestone achievements and marked progress on our continued business transformation,\u201d Reeves said in a <a href=\"https:\/\/s29.q4cdn.com\/580102441\/files\/doc_news\/2025\/Aug\/11\/BALY-Q2-25-8-11-25-FINAL.pdf\" target=\"_blank\" rel=\"noopener\">press release<\/a>. He added that construction is \u201cin full swing\u201d on the <a href=\"https:\/\/readwrite.com\/ballys-chicago-ipo-comeback-august\/\">Chicago resort<\/a>, which will have \u201capproximately 3,400 slots, 170-plus table games, a 500-room hotel tower, [and] a 3,000 seat theater.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bally\u2019s Chicago\u2019s initial public offering (IPO), valued at $250 million, has been in [&#8230;]<\/p>\n<p>The post Bally\u2019s Chicago IPO makes comeback in August appeared first on ReadWrite.<a href=\"https:\/\/t.co\/8ZiAzDNJcT\">https:\/\/t.co\/8ZiAzDNJcT<\/a><\/p>\n<p>&mdash; ReadWrite (@RWW) <a href=\"https:\/\/twitter.com\/RWW\/status\/1951220150448816630?ref_src=twsrc%5Etfw\">August 1, 2025<\/a><\/p>\n<\/blockquote>\n<p>Reeves also pointed to a <a href=\"https:\/\/readwrite.com\/intralot-bally-international-merger\/\">\u201clandmark agreement\u201d with Intralot S.A<\/a>. The Greek gaming company will acquire Bally\u2019s International Interactive business for \u20ac2.7 billion ($3.1 billion). \u201cFollowing the transaction, Bally\u2019s will become the majority shareholder of Intralot,\u201d he said, describing the deal as \u201ctransformative for Bally\u2019s\u201d and something that will \u201cpave the way for a new era of innovation and growth across the entire gaming spectrum.\u201d<\/p>\n<p>The company has also completed an AUD $200 million ($130 million) <a href=\"https:\/\/readwrite.com\/ballys-fund-the-star-investment-rescue-plan\/\">investment in Australia\u2019s Star Entertainment Group<\/a> and is still pursuing a <a href=\"https:\/\/readwrite.com\/ballys-new-york-casino-bronx-application\/\">proposed $4 billion casino in the Bronx<\/a>. Reeves called the New York project potentially \u201cthe largest private investment in the borough of the Bronx\u2019s history.\u201d<\/p>\n<p>\u201cBally\u2019s 2.0 is well underway to create a global omni-channel provider of retail and online experiences\u2026 we continue to demonstrate significant progress across these objectives,\u201d Reeves said.<\/p>\n<h2><span id=\"ballys_first_quarter_performance-2\">Bally&#8217;s first quarter performance<\/span><\/h2>\n<p>In the first quarter of 2025, Bally\u2019s brought in $589.2 million in revenue, down 4.7% from the same time last year. The drop was mostly because International Interactive revenue fell 18.3% after the company sold its Asia operations.<\/p>\n<p>The quarter\u2019s performance was driven by gains in nine of fifteen domestic jurisdictions, along with international growth when excluding the impact of the <a href=\"https:\/\/readwrite.com\/ballys-group-revenue-falls-in-the-wake-of-selling-its-asian-operations\/\">2024 Asia divestiture<\/a>.<\/p>\n<p><em>Featured image: Bally&#8217;s<\/em><\/p>\n<p>The post <a href=\"https:\/\/readwrite.com\/ballys-q2-2025-revenue\/\">Bally\u2019s Q2 2025 growth fuels bold \u2018Bally\u2019s 2.0\u2019 transformation<\/a> appeared first on <a href=\"https:\/\/readwrite.com\">ReadWrite<\/a>.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/readwrite.com\/ballys-q2-2025-revenue\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bally\u2019s Corporation says it had \u201cmilestone achievements and marked progress\u201d in the second quarter of 2025 as it pushes ahead with what CEO Robeson<\/p>\n","protected":false},"author":1,"featured_media":346728,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[152],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/346727"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=346727"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/346727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/346728"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=346727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=346727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=346727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}