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Bally's Corporation Announces Fourth Quarter and Full Year 2024 Results

1. Bally's reported a 5.1% annual revenue decrease, impacting overall performance. 2. UK online revenue rose 11.3%, contrasting with declining International revenue.

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FAQ

Why Bearish?

The declining overall revenue and resort performance suggests ongoing challenges for BALY. Similar historical downturns have affected investor confidence, particularly in the gaming sector.

How important is it?

The article contains significant revenue trends that directly reflect BALY's financial health, influencing stock performance.

Why Short Term?

Immediate investor sentiment may react negatively given the recent financial results. Past trends show stock dips following earnings reports, especially with declining revenues.

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PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Results and Operating Highlights Company-wide revenue of $580.4 million, a decrease of 5.1% year over year Casinos & Resorts revenue of $324.4 million, down 5.2% year over year U.K. online revenue grew 11.3% while overall International Interactive revenue declined 9.1% year over year to $214.5 million North Ame.

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