Bally’s reports Q1 revenue growth as it raises funds for Gamesys acquisition

US operator Bally's Corporation has announced its revenue exceeded $185m during the first quarter of 2021, as it prepares to acquire UK-based online operator Gamesys.
Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the same period was in excess of $50m, and both figures represent a marked increase on the same period in 2020, when Bally’s reported $109.1 million in revenue and $22.1 million in Adjusted EBITDA.

These increases can be attributed to a relaxation of Covid-19 protocols which were in place for much of 2020, including the final weeks of Q1.

Read the full story at iGB North America.

US operator Bally's Corporation has announced its revenue exceeded $185m during the first quarter of 2021, as it prepares to acquire UK-based online operator Gamesys. Bally's see revenue increase before Gamesys takeover

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the same period was in excess of $50m, and both figures represent a marked increase on the same period in 2020, when Bally’s reported $109.1 million in revenue and $22.1 million in Adjusted EBITDA.

These increases can be attributed to a relaxation of Covid-19 protocols which were in place for much of 2020, including the final weeks of Q1.

Read the full story at iGB North America.

Original Article