Ballys Corp
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
BALY$12.02+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (unaudited)
(In thousands, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Gaming | $523,906 | $508,895 | $1,564,714 | $1,489,086 |
| Non-gaming | 106,068 | 123,582 | 305,399 | 348,317 |
| Total revenue | 629,974 | 632,477 | 1,870,113 | 1,837,403 |
| Operating (income) costs and expenses: | ||||
| Gaming | 234,908 | 229,131 | 707,222 | 665,731 |
| Non-gaming | 51,328 | 58,041 | 148,152 | 162,661 |
| General and administrative | 273,593 | 230,582 | 774,448 | 732,147 |
| Loss (gain) on sale-leaseback, net | 150,000 | — | 150,000 | (374,321) |
| Depreciation and amortization | 77,800 | 77,487 | 316,328 | 231,235 |
| Total operating costs and expenses | 787,629 | 595,241 | 2,096,150 | 1,417,453 |
| (Loss) income from operations | (157,655) | 37,236 | (226,037) | 419,950 |
| Other (expense) income: | ||||
| Interest expense, net | (73,975) | (70,630) | (221,306) | (200,987) |
| Other non-operating (expense) income, net | (49,854) | 15,528 | (38,370) | 24,949 |
| Total other expense, net | (123,829) | (55,102) | (259,676) | (176,038) |
| (Loss) income before income taxes | (281,484) | (17,866) | (485,713) | 243,912 |
| (Benefit) provision for income taxes | (33,629) | 43,936 | (3,748) | 153,029 |
| Net (loss) income | $(247,855) | $(61,802) | $(481,965) | $90,883 |
| Basic (loss) earnings per share | $(5.10) | $(1.15) | $(9.96) | $1.68 |
| Weighted average common shares outstanding - basic | 48,596 | 53,580 | 48,405 | 53,961 |
| Diluted (loss) earnings per share | $(5.10) | $(1.15) | $(9.96) | $1.67 |
| Weighted average common shares outstanding - diluted | 48,596 | 53,580 | 48,405 | 54,276 |
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