Operators / Bally's Corporation
Bally's Corporation
Operator · BALY · Providence, Rhode Island[1]
Founded 2004 as BLB Investors; bankruptcy 2009-2010; renamed Twin River Worldwide Holdings 2011; bought the Bally's brand from Caesars Entertainment Oct 2020 for $20M and took the Bally's Corporation name Nov 2020. 2021 acquisitions of Bet.Works and Gamesys. Standard General-led buyout/merger with The Queen Casino & Entertainment (valuing combined company at $4.6B) reported to have closed Feb 2025, leaving Standard General with ~74%; the Wikipedia article's own timeline is internally inconsistent on dates. Runs ~19-20 US casinos across 11 states plus Star Entertainment Group (Australia) and properties in the UK.
Financials
Market cap $704M · BALY on NYSE · Oct 11, 2026[9]
Est. U.S. revenue $1.7B · FY2025 · Casinos & Resorts + North America Interactive segments only; excludes Bally's Intralot B2B/B2C intl segments ($936.7M)[10]
20172025
| Fiscal year | Revenue (USD) | Net income (USD) | Year end |
|---|---|---|---|
| FY2025 | $2.7B | −$701M | Dec 31, 2025[8] |
| FY2024 | $2.5B | −$568M | Dec 31, 2024[8] |
| FY2023 | $2.4B | −$188M | Dec 31, 2023[7] |
| FY2022 | $2.3B | −$426M | Dec 31, 2022[7] |
| FY2021 | $1.3B | −$115M | Dec 31, 2021[6] |
| FY2020 | $373M | −$5.5M | Dec 31, 2020[5] |
| FY2019 | $524M | $55.1M | Dec 31, 2019[4] |
| FY2018 | $438M | $71.4M | Dec 31, 2018[3] |
| FY2017 | $421M | $62.2M | Dec 31, 2017[2] |
Brands
- Bally Bet — Sports (online), Online casino
Reported revenue, last 12 months
| State | Vertical | Handle | GGR |
|---|---|---|---|
| New Jersey | Online casino | — | $223M |
| Indiana | Commercial casinos | — | $170M |
| New Jersey | Commercial casinos | $1.2B | $131M |
| Missouri | Commercial casinos | — | $127M |
| Pennsylvania | Online casino | $1.5B | $53.7M |
| Rhode Island | Sports (online) | $365M | $34.6M |
| New Jersey | Sports (online) | — | $34.5M |
| New York | Sports (online) | $182M | $15.7M |
| Rhode Island | Sports (retail) | $58.9M | $5.4M |
| Iowa | Sports (online) | $43.6M | $4.5M |
| Massachusetts | Sports (online) | $52.8M | $4.5M |
| Ohio | Sports (online) | $35.4M | $3.7M |
| Arizona | Sports (online) | $35.0M | $3.1M |
| Indiana | Sports (online) | $77.5M | $2.6M |
| Delaware | Sports (retail) | $29.0M | $2.5M |
| Indiana | Sports (retail) | $19.7M | $1.5M |
| New Jersey | Sports (retail) | — | $207K |
| Iowa | Sports (retail) | $166K | $42.6K |
| Ohio | Sports (retail) | $0 | $0 |
| Illinois | Commercial casinos | — | — |
| Michigan | Daily fantasy | — | — |
| Illinois | Sports (online) | — | — |
| Illinois | Sports (retail) | — | — |
| Maryland | Sports (online) | $30.1M | — |
Licenses
LicensedNot licensed
| State | Vertical | Brand | License | Status | Launched |
|---|---|---|---|---|---|
| Arizona | Sports (online) | Bally Bet | Event Wagering Operator | active | [11] |
| Colorado | Commercial casinos | Bally's Black Hawk (East/North/West) | Limited Gaming Master License | active | [12] |
| Colorado | Sports (online) | Bally Bet | Internet Sports Betting Operator | active | [12] |
| Colorado | Sports (retail) | BallyBet | Retail Sports Betting Operator | active | [12] |
| Delaware | Commercial casinos | Bally's Dover Casino Resort | active | [13] | |
| Delaware | Online casino | Bally's Casino (Dover) | active | Dec 27, 2023[14] | |
| Iowa | Commercial casinos | Bally's Marquette | Facility license (licensed operator) | active | [15],[16] |
| Iowa | Sports (online) | Bally Bet | Advance Deposit Sports Wagering licensee | active | [17] |
| Illinois | Commercial casinos | Bally's Chicago | Owners License | active | [18] |
| Illinois | Commercial casinos | Bally's Quad Cities Casino & Hotel | Owners License | active | [18] |
| Illinois | Sports (online) | Bally Bet | Management Services Provider | temporary | [19] |
| Illinois | Sports (retail) | Bally's Quad Cities Casino & Hotel | Owners License (Master Sports Wagering) | active | [19] |
| Indiana | Commercial casinos | Bally's Casino Evansville | Owner's License | active | [20] |
| Indiana | Sports (online) | Bally Bet Sportsbook | Sports Wagering Vendor License (SWV) | active | [21] |
| Indiana | Sports (retail) | Bally Bet Sportsbook & Bar | Sports Wagering Certificate of Authority | active | [22] |
| Kansas | Sports (online) | Bally Bet | Interactive sports wagering platform provider | active | [23] |
| Louisiana | Commercial casinos | Bally's Baton Rouge | Riverboat casino license | active | [24] |
| Louisiana | Commercial casinos | The Queen Baton Rouge | Riverboat casino license | active | [24],[16] |
| Louisiana | Commercial casinos | Bally's Shreveport Casino & Hotel | Riverboat casino license | active | [24] |
| Louisiana | Sports (online) | Bally's Bet | Online sports wagering platform license #B016503497 | active | [25] |
| Massachusetts | Sports (online) | Bally Bet | Category 3 Sports Wagering License (untethered) | active | [26] |
| Maryland | Sports (online) | Bally Bet Sportsbook | active | [27] | |
| Mississippi | Commercial casinos | Bally's Vicksburg | Commercial casino license | active | [28],[29] |
| Mississippi | Commercial casinos | Hard Rock Casino - Biloxi | Commercial casino license | active | [28],[30] |
| New Jersey | Commercial casinos | Bally's Atlantic City | Casino license / Internet Gaming Permit (NJIGP 26-011) #NJIGP 26-011 | active | [31] |
| New Jersey | Online casino | Bally Bet Casino | active | [32] | |
| New Jersey | Online casino | Monopoly Casino | active | [32] | |
| New Jersey | Sports (online) | Bally Bet | active | [33] | |
| New Jersey | Sports (retail) | Bally Bet Sports Book | active | [33] | |
| New York | Commercial casinos | Bally's Bronx | Gaming Facility License (downstate) | active | [34],[35] |
| New York | Sports (online) | Bally Bet | Mobile Sports Wagering Platform Provider License | active | [36] |
| Ohio | Sports (online) | Bally's Interactive, LLC | Type-A Sports Gaming Proprietor (Mobile) | active | [37] |
| Ohio | Sports (retail) | Bally's Interactive, LLC | Type-B Sports Gaming Proprietor (Retail) | active | [37] |
| Pennsylvania | Online casino | Bally Casino | Interactive Gaming Certificateholder (self-operated) | active | Jun 8, 2023[38] |
| Pennsylvania | Online casino | Monopoly Casino | Interactive Gaming Certificateholder (self-operated) | active | Jul 17, 2025[38] |
| Pennsylvania | Online casino | Wind Creek Casino | Interactive Gaming Certificateholder (self-operated) | active | Jul 24, 2020[38] |
| Rhode Island | Commercial casinos | Bally's Twin River Lincoln Casino Resort | active | Sep 1992[39] | |
| Rhode Island | Commercial casinos | Bally's Tiverton Casino & Hotel | active | 2018[39] | |
| Rhode Island | Online casino | Bally Casino (Bally Interactive) | Sole iGaming operator (tied to Bally's land-based license) | active | Mar 5, 2024[40],[41] |
| Rhode Island | Online poker | Bally Casino Poker (Bally Interactive) | active | Mar 1, 2024[42] | |
| Rhode Island | Sports (online) | Bally Bet (Rhode Island, online) | Second online sports-wagering license (5-year deal) | pending | [43],[44] |
| Tennessee | Sports (online) | Bally Bet | Online Sports Wagering Operator | active | [45] |
| Virginia | Sports (online) | Bally Bet | Sports Betting Permit Holder | active | [46] |
Regulatory actions
| Date | State | Action | Amount | What happened |
|---|---|---|---|---|
| Jun 20, 2024 | Indiana | Settlement Commercial casinos | $73,700 | Bally's Evansville settled an eight-count order (24-BE-02) covering failures to notify surveillance of fund transport and device ticket overages, plus a Voluntary Exclusion Program violation in which a third-party vendor sent direct mail to 112 active self-exclusion program participants.[47] |
Sources
- Bally's Corporation · retrieved Oct 10, 2026
- Bally’s Corporation Form 10-K filed 2020-03-13 · retrieved Oct 11, 2026
- Bally’s Corporation Form 10-K filed 2021-03-10 · retrieved Oct 11, 2026
- Bally’s Corporation Form 10-K/A filed 2022-11-09 · retrieved Oct 11, 2026
- Bally’s Corporation Form 10-K filed 2023-03-01 · retrieved Oct 11, 2026
- Bally’s Corporation Form 10-K filed 2024-03-15 · retrieved Oct 11, 2026
- Bally’s Corporation Form 10-K filed 2025-03-17 · retrieved Oct 11, 2026
- Bally’s Corporation Form 10-K/A filed 2026-04-20 · retrieved Oct 11, 2026
- BALY (BALY) quote · retrieved Oct 11, 2026
- Bally's Corp - Form 10-K - FY2025 - Revenue Recognition - Disaggregation of Revenue by Segment (Details) · retrieved Oct 11, 2026
- Approved Operators & Retail Locations · retrieved Oct 10, 2026
- Online & Retail Sports Betting Operators (Colorado Division of Gaming live licensee workbook) · retrieved Oct 10, 2026
- Bally's Dover Casino Resort · retrieved Oct 10, 2026
- Rush Street Interactive launches BetRivers in Delaware · retrieved Oct 10, 2026
- Bally's -- Facility License · retrieved Oct 10, 2026
- Casino Queen Marquette to Rebrand as Bally's Marquette, Undergo $21M Transformation · retrieved Oct 10, 2026
- Sports Wagering Operators · retrieved Oct 10, 2026
- Casino Gambling: Applicant & Licensee Lists (Owners Applicants & Licensees) · retrieved Oct 10, 2026
- Sports Wagering: Applicant & Licensee Lists · retrieved Oct 10, 2026
- Indiana Casino Licensees & Operating Agent · retrieved Oct 10, 2026
- Sports Wagering Vendor Licensing · retrieved Oct 10, 2026
- Sports Wagering Certificate of Authority Holders (Current as of: 07/27/2026) · retrieved Oct 10, 2026
- Boot Hill Casino sports wagering partnerships · retrieved Oct 10, 2026
- Louisiana Central Gaming Registry -- Ownership Organizational Charts of Casino Licenses · retrieved Oct 10, 2026
- Licensed Platforms · retrieved Oct 11, 2026
- Sports Wagering Licensees · retrieved Oct 10, 2026
- Legal vs. Illegal Online Gaming · retrieved Oct 10, 2026
- Mississippi Gaming Commission Public Information: Monthly Survey Information (Property Data), August 1-31, 2026 · retrieved Oct 10, 2026
- List of casinos in Mississippi · retrieved Oct 10, 2026
- Hard Rock Hotel & Casino Biloxi · retrieved Oct 10, 2026
- Internet Gaming Permit Holders · retrieved Oct 10, 2026
- Internet Gaming Authorized Sites · retrieved Oct 10, 2026
- Sports Wagering · retrieved Oct 10, 2026
- Commercial Casinos · retrieved Oct 10, 2026
- New York Gaming Commission grants final approval for three NYC casino projects · retrieved Oct 10, 2026
- Sports Wagering · retrieved Oct 10, 2026
- Sports Gaming Proprietors and Services Providers (Last Updated 10/16/2025) · retrieved Oct 10, 2026
- Licensed Interactive Gaming Certificateholders and Authorized Interactive Gaming Websites · retrieved Oct 10, 2026
- Bally's Twin River Lincoln Casino Resort · retrieved Oct 10, 2026
- Rhode Island makes debut as iGaming market with Bally's Casino · retrieved Oct 10, 2026
- R.I. Gen. Laws § 42-61.2-17 — General requirements for iGaming · retrieved Oct 10, 2026
- R.I. Gen. Laws § 42-61.2-1 — Definitions · retrieved Oct 10, 2026
- Rhode Island expands sports betting market with Bally's license · retrieved Oct 10, 2026
- Bally's Becomes Rhode Island's 2nd Approved Online Sports Betting Operator · retrieved Oct 10, 2026
- Licensees & Registrants | Tennessee Sports Wagering Council · retrieved Oct 10, 2026
- Sports Betting in Virginia | Virginia Lottery · retrieved Oct 10, 2026
- Indiana Gaming Commission Business Meeting Minutes, June 20, 2024 · retrieved Oct 11, 2026