Bally’s revises full-year projections downwards after H1 results
| By Daniel O'Boyle
Bally’s revised both its revenue and earnings projections downwards following its Q2 results, in which the acquisition of Gamesys among other businesses helped boost revenue beyond $500m.
![](https://igamingbusiness.com/img-srv/J6dnyph15kOeKJMqeQTMWg6FhToswXq-Uqr5kbu8yCw/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMi8wMi9Ud2luLVJpdmVyLUhvdGVsLUV4dGVyaW9yLU5pZ2h0LmpwZw.webp)
The operator had previously projected revenue of between $2.4bn and $2.5bn, with adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) expected to be between $560m and $580m.
However, it has now downgraded the revenue figure to between $2.2bn and $2.4bn, while EBITDA projections are now between $535m and $550m.
This, it said, was due to results so far this year, as well as foreign exchange movements and lower expectations in Atlantic City.