Bally’s Q3 2023 report: Revenue up but net loss of $61.8m

Cash expenditure nearly trebled year-on-year. Bally’s Corporation has released its financial results for the Q3 2023 period, reporting record company-wide revenue of $632.5m, an increase of 9.4% year-over-year. Additionally, Bally’s also reported a record casinos & resorts revenue of $359m, up 9.3% year-over-year. Of that revenue, the company reported an international interactive revenue of $243.9m, up 7.2% year-over-year, driv...