Operators / Bally's Corporation

Bally's Corporation

Operator · BALY · Providence, Rhode Island[1]

www.ballys.com

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 yearRevenue (USD)Net income (USD)Year end
FY2025$2.7B−$701MDec 31, 2025[8]
FY2024$2.5B−$568MDec 31, 2024[8]
FY2023$2.4B−$188MDec 31, 2023[7]
FY2022$2.3B−$426MDec 31, 2022[7]
FY2021$1.3B−$115MDec 31, 2021[6]
FY2020$373M−$5.5MDec 31, 2020[5]
FY2019$524M$55.1MDec 31, 2019[4]
FY2018$438M$71.4MDec 31, 2018[3]
FY2017$421M$62.2MDec 31, 2017[2]

Brands

Latest reported 12-month window

Available reports within each market’s latest 12-month window; missing months may make totals incomplete. License-holder totals may include partner-operated brands; rows are not necessarily additive.

StateVerticalChannelReported periodHandleGGR
Rhode IslandCommercial casinosretailSep 1, 2025 – Aug 31, 2026$4.3B$640M
New JerseyOnline casinoonlineSep 1, 2025 – Aug 31, 2026—$223M
IndianaCommercial casinostotalSep 1, 2025 – Aug 31, 2026—$170M
DelawareCommercial casinosretailSep 29, 2025 – Sep 28, 2026$1.7B$150M
New JerseyCommercial casinostotalSep 1, 2025 – Aug 31, 2026$1.2B$131M
MissouriCommercial casinostotalSep 1, 2025 – Aug 31, 2026—$127M
New JerseySports (online)onlineSep 1, 2025 – Aug 31, 2026—$93.2M
Rhode IslandOnline casinoonlineSep 1, 2025 – Aug 31, 2026$1.7B$70.9M
PennsylvaniaOnline casinoonlineSep 1, 2025 – Aug 31, 2026$1.5B$53.7M
DelawareOnline casinoonlineOct 1, 2025 – Sep 30, 2026$959M$42.1M
Rhode IslandSports (online)onlineSep 1, 2025 – Aug 31, 2026$365M$34.6M
New YorkSports (online)onlineOct 6, 2025 – Oct 4, 2026$170M$15.0M
Rhode IslandSports (retail)retailSep 1, 2025 – Aug 31, 2026$58.9M$5.4M
IowaSports (online)onlineJul 1, 2026 – Sep 30, 2026$43.6M$4.5M
MassachusettsSports (online)onlineSep 1, 2025 – Aug 31, 2026$52.8M$4.5M
OhioSports (online)onlineSep 1, 2025 – Aug 31, 2026$35.4M$3.7M
ArizonaSports (online)onlineAug 1, 2025 – Jul 31, 2026$36.8M$3.3M
IndianaSports (online)onlineSep 1, 2025 – Aug 31, 2026$28.9M$2.6M
DelawareSports (retail)retailSep 29, 2025 – Sep 27, 2026$26.4M$2.3M
IndianaSports (retail)retailSep 1, 2025 – Aug 31, 2026$19.7M$1.5M
New JerseySports (retail)retailSep 1, 2025 – Aug 31, 2026—$281K
DelawareOnline pokeronlineOct 1, 2025 – Sep 30, 2026—$94.8K
IowaSports (retail)retailJul 1, 2026 – Sep 30, 2026$166K$42.6K
ArizonaDaily fantasyonlineApr 1, 2022 – Nov 30, 2022$0$0
OhioSports (retail)retailSep 1, 2025 – Aug 31, 2026$0$0
MichiganDaily fantasyonlineJan 1, 2026 – Jun 30, 2026——
IllinoisSports (retail)retailAug 1, 2025 – Jul 31, 2026——
MaineDaily fantasyonlineJan 1, 2022 – Dec 31, 2022——
IllinoisSports (online)onlineAug 1, 2025 – Jul 31, 2026——
MarylandSports (online)onlineSep 1, 2025 – Aug 31, 2026$30.1M—
IllinoisCommercial casinostotalOct 1, 2025 – Sep 30, 2026——
IndianaSports (online)totalSep 1, 2025 – Aug 31, 2026$48.6M—

Licenses

LicensedNot licensed
Alaska: Not licensedAKMaine: Not licensedMEVermont: Not licensedVTNew Hampshire: Not licensedNHWashington: Not licensedWAIdaho: Not licensedIDMontana: Not licensedMTNorth Dakota: Not licensedNDMinnesota: Not licensedMNWisconsin: Not licensedWIMichigan: Not licensedMINew York: LicensedNYMassachusetts: LicensedMARhode Island: LicensedRIOregon: Not licensedORNevada: Not licensedNVWyoming: Not licensedWYSouth Dakota: Not licensedSDIowa: LicensedIAIllinois: LicensedILIndiana: LicensedINOhio: LicensedOHPennsylvania: LicensedPANew Jersey: LicensedNJConnecticut: Not licensedCTCalifornia: Not licensedCAUtah: Not licensedUTColorado: LicensedCONebraska: Not licensedNEMissouri: Not licensedMOKentucky: Not licensedKYWest Virginia: Not licensedWVVirginia: LicensedVAMaryland: LicensedMDDelaware: LicensedDEArizona: LicensedAZNew Mexico: Not licensedNMKansas: LicensedKSArkansas: Not licensedARTennessee: LicensedTNNorth Carolina: Not licensedNCSouth Carolina: Not licensedSCDistrict of Columbia: Not licensedDCOklahoma: Not licensedOKLouisiana: LicensedLAMississippi: LicensedMSAlabama: Not licensedALGeorgia: Not licensedGAHawaii: Not licensedHITexas: Not licensedTXFlorida: Not licensedFL
StateVerticalBrandLicenseStatusLaunched
ArizonaSports (online)Bally BetEvent Wagering Operatoractive[11]
ColoradoCommercial casinosBally's Black Hawk (East/North/West)Limited Gaming Master Licenseactive[12]
ColoradoSports (online)Bally BetInternet Sports Betting Operatoractive[12]
ColoradoSports (retail)BallyBetRetail Sports Betting Operatoractive[12]
DelawareCommercial casinosBally's Dover Casino Resortactive[13]
DelawareOnline casinoBally's Casino (Dover)activeDec 27, 2023[14]
IowaCommercial casinosBally's MarquetteFacility license (licensed operator)active[15],[16]
IowaSports (online)Bally BetAdvance Deposit Sports Wagering licenseeactive[17]
IllinoisCommercial casinosBally's ChicagoOwners Licenseactive[18]
IllinoisCommercial casinosBally's Quad Cities Casino & HotelOwners Licenseactive[18]
IllinoisSports (online)Bally BetManagement Services Providertemporary[19]
IllinoisSports (retail)Bally's Quad Cities Casino & HotelOwners License (Master Sports Wagering)active[20]
IndianaCommercial casinosBally's Casino EvansvilleOwner's Licenseactive[21]
IndianaSports (online)Bally Bet SportsbookSports Wagering Vendor License (SWV)active[22]
IndianaSports (retail)Bally Bet Sportsbook & BarSports Wagering Certificate of Authorityactive[23]
KansasSports (online)Bally BetInteractive sports wagering platform provideractive[24]
LouisianaCommercial casinosBally's Baton RougeRiverboat casino licenseactive[25]
LouisianaCommercial casinosThe Queen Baton RougeRiverboat casino licenseactive[25],[26]
LouisianaCommercial casinosBally's Shreveport Casino & HotelRiverboat casino licenseactive[25]
LouisianaSports (online)Bally's BetOnline sports wagering platform license #B016503497active[27]
MassachusettsSports (online)Bally BetCategory 3 Sports Wagering License (untethered)active[28]
MarylandSports (online)Bally Bet Sportsbookactive[29]
MississippiCommercial casinosBally's VicksburgCommercial casino licenseactive[30],[31]
MississippiCommercial casinosHard Rock Casino - BiloxiCommercial casino licenseactive[30],[32]
New JerseyCommercial casinosBally's Atlantic CityCasino license / Internet Gaming Permit (NJIGP 26-011) #NJIGP 26-011active[33]
New JerseyOnline casinoBally Bet Casinoactive[34]
New JerseyOnline casinoMonopoly Casinoactive[34]
New JerseySports (online)Bally Betactive[35]
New JerseySports (retail)Bally Bet Sports Bookactive[35]
New YorkCommercial casinosBally's BronxGaming Facility License (downstate)active[36],[37]
New YorkSports (online)Bally BetMobile Sports Wagering Platform Provider Licenseactive[38]
OhioSports (online)Bally's Interactive, LLCType-A Sports Gaming Proprietor (Mobile)active[39]
OhioSports (retail)Bally's Interactive, LLCType-B Sports Gaming Proprietor (Retail)active[39]
PennsylvaniaOnline casinoBally CasinoInteractive Gaming Certificateholder (self-operated)activeJun 8, 2023[40]
PennsylvaniaOnline casinoMonopoly CasinoInteractive Gaming Certificateholder (self-operated)activeJul 17, 2025[40]
PennsylvaniaOnline casinoWind Creek CasinoInteractive Gaming Certificateholder (self-operated)activeJul 24, 2020[40]
Rhode IslandCommercial casinosBally's Twin River Lincoln Casino ResortactiveSep 1992[41]
Rhode IslandCommercial casinosBally's Tiverton Casino & Hotelactive2018[41]
Rhode IslandOnline casinoBally Casino (Bally Interactive)Sole iGaming operator (tied to Bally's land-based license)activeMar 5, 2024[42],[43]
Rhode IslandOnline pokerBally Casino Poker (Bally Interactive)activeMar 1, 2024[44]
Rhode IslandSports (online)Bally Bet (Rhode Island, online)Second online sports-wagering license (5-year deal)pending[45],[46]
TennesseeSports (online)Bally BetOnline Sports Wagering Operatoractive[47]
VirginiaSports (online)Bally BetSports Betting Permit Holderactive[48]

Regulatory actions

DateStateActionAmountWhat happened
Jun 20, 2024IndianaSettlement
Commercial casinos
$73,700Bally'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.[49]

Sources

  1. Bally's Corporation · retrieved Oct 10, 2026
  2. Bally’s Corporation Form 10-K filed 2020-03-13 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1747079; revenue tag RevenueFromContractWithCustomerExcludingAssessedTax

  3. Bally’s Corporation Form 10-K filed 2021-03-10 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1747079; revenue tag RevenueFromContractWithCustomerExcludingAssessedTax

  4. Bally’s Corporation Form 10-K/A filed 2022-11-09 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1747079; revenue tag RevenueFromContractWithCustomerExcludingAssessedTax

  5. Bally’s Corporation Form 10-K filed 2023-03-01 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1747079; revenue tag RevenueFromContractWithCustomerExcludingAssessedTax

  6. Bally’s Corporation Form 10-K filed 2024-03-15 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1747079; revenue tag RevenueFromContractWithCustomerExcludingAssessedTax

  7. Bally’s Corporation Form 10-K filed 2025-03-17 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1747079; revenue tag RevenueFromContractWithCustomerExcludingAssessedTax

  8. Bally’s Corporation Form 10-K/A filed 2026-04-20 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1747079; revenue tag RevenueFromContractWithCustomerExcludingAssessedTax; predecessor and successor periods summed

  9. BALY (BALY) quote · retrieved Oct 11, 2026
  10. Bally's Corp - Form 10-K - FY2025 - Revenue Recognition - Disaggregation of Revenue by Segment (Details) · retrieved Oct 11, 2026
  11. Approved Operators & Retail Locations · retrieved Oct 10, 2026
  12. Online & Retail Sports Betting Operators (Colorado Division of Gaming live licensee workbook) · retrieved Oct 10, 2026

    This Google Sheet is embedded/linked from the Division's official sbg.colorado.gov/licensed-sports-books-and-operators page via a "This active spreadsheet" link; the page itself renders its body content client-side so it was read via the sheet's CSV export.

  13. Bally's Dover Casino Resort · retrieved Oct 10, 2026

    secondary source only

  14. Delaware Lottery launches online sportsbooks and relaunches online casinos with BetRivers · retrieved Oct 12, 2026

    Confirms December 27 soft launch and five-year term; no retail transition is stated.

  15. Bally's -- Facility License · retrieved Oct 10, 2026
  16. Casino Queen Marquette to Rebrand as Bally's Marquette, Undergo $21M Transformation · retrieved Oct 10, 2026
  17. Sports Wagering Operators · retrieved Oct 10, 2026
  18. Casino Gambling: Applicant & Licensee Lists (Owners Applicants & Licensees) · retrieved Oct 10, 2026
  19. Sports Wagering: Applicant & Licensee Lists (Management Services Provider Applicants & Licensees) · retrieved Oct 10, 2026
  20. Sports Wagering: Applicant & Licensee Lists (Master Sports Wagering Applicants & Licensees) · retrieved Oct 10, 2026
  21. Indiana Casino Licensees & Operating Agent (Current as of: September 24, 2026) · retrieved Oct 10, 2026
  22. Sports Wagering Vendor Licensing (Current as of: 07/27/2026) · retrieved Oct 10, 2026
  23. Sports Wagering Certificate of Authority Holders (Current as of: 07/27/2026) · retrieved Oct 10, 2026
  24. Boot Hill Casino sports wagering partnerships · retrieved Oct 10, 2026
  25. Louisiana Central Gaming Registry -- Ownership Organizational Charts of Casino Licenses · retrieved Oct 10, 2026
  26. Casino Queen Marquette to Rebrand as Bally's Marquette · retrieved Oct 10, 2026
  27. Licensed Wagering Platforms · retrieved Oct 10, 2026
  28. Sports Wagering Licensees · retrieved Oct 10, 2026
  29. Legal vs. Illegal Online Gaming · retrieved Oct 10, 2026

    Page lists BetRivers and theScore Bet as licensed sportsbook DBAs with no operator company named and no Maryland casino tether identified in this pass; omitted from the licenses list above pending that identification (gap).

  30. Mississippi Gaming Commission Public Information: Monthly Survey Information (Property Data), August 1-31, 2026 · retrieved Oct 10, 2026
  31. List of casinos in Mississippi · retrieved Oct 10, 2026
  32. Hard Rock Hotel & Casino Biloxi · retrieved Oct 10, 2026
  33. Internet Gaming Permit Holders · retrieved Oct 10, 2026
  34. Internet Gaming Authorized Sites · retrieved Oct 10, 2026
  35. Sports Wagering · retrieved Oct 10, 2026
  36. Commercial Casinos · retrieved Oct 10, 2026
  37. New York Gaming Commission grants final approval for three NYC casino projects · retrieved Oct 10, 2026
  38. Sports Wagering · retrieved Oct 10, 2026
  39. Sports Gaming Proprietors and Services Providers (Last Updated 10/16/2025) · retrieved Oct 10, 2026
  40. Licensed Interactive Gaming Certificateholders and Authorized Interactive Gaming Websites · retrieved Oct 10, 2026
  41. Bally's Twin River Lincoln Casino Resort · retrieved Oct 10, 2026

    secondary source only

  42. Rhode Island makes debut as iGaming market with Bally's Casino · retrieved Oct 10, 2026

    secondary source only; confirmed via search-result text on the March 5, 2024 noon public launch following a March 1 technical trial, and the ~170-slot-game/live-dealer lineup.

  43. R.I. Gen. Laws § 42-61.2-17 — General requirements for iGaming · retrieved Oct 10, 2026
  44. R.I. Gen. Laws § 42-61.2-1 — Definitions · retrieved Oct 10, 2026
  45. Rhode Island expands sports betting market with Bally's license · retrieved Oct 10, 2026

    secondary source only; confirmed via search-result text on the May 2026 tentative award, the Nov. 26, 2026 earliest go-live date, and IGT's continued PlaySports contract through 2028.

  46. Bally's Becomes Rhode Island's 2nd Approved Online Sports Betting Operator · retrieved Oct 10, 2026

    secondary source only; confirmed via search-result text.

  47. Licensees & Registrants | Tennessee Sports Wagering Council · retrieved Oct 10, 2026
  48. Sports Betting in Virginia | Virginia Lottery · retrieved Oct 10, 2026
  49. Indiana Gaming Commission Business Meeting Minutes, June 20, 2024 · retrieved Oct 11, 2026