Bally’s reports $792.2m Q2 revenue and warns of financing needs
By SectorWire desk ·
Summary
Bally’s reported second-quarter revenue of $792.2m. Regulatory filings indicate that the operator expects to need additional financing to satisfy liquidity and leverage requirements. Bally’s says it is exploring asset disposals, equity financing and additional borrowing alongside major casino developments.
Why it matters
Bally’s expects additional financing needs to meet liquidity and leverage requirements, with disposals, equity and borrowing under consideration.