Impairment charge pushes Bally’s preliminary Q4 losses to $477m
| By Zak Thomas-Akoo
A significant impairment charge may cause Bally’s losses to rise more than 300% year-on-year to $476.8m (£394.3m/€446.2m) according to its preliminary Q4 results, even as revenue is set to remain stable at $576.7m during the quarter.
![Bally's](https://igamingbusiness.com/img-srv/qwrZbPpAcby6Tf8JYdQtOLP-JWeX8Sf_gqVnlY0TBKw/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMy8wMi9CYWxseXNfQ29ycG9yYXRpb25fUmljaG1vbmRfMS5qcGc.webp)
Bally’s released its preliminary fourth quarter and full year 2022 results today (13 February).
If the fourth quarter preliminary revenue is accurate, this will be a gain of 5.2% year-on-year.