Bally's Says 2024 Guidance Remains Unchanged With Expectations For Revenues Of $2.5B-$2.7B, Est $2.581B
Portfolio Pulse from Benzinga Newsdesk
Bally's maintains its 2024 revenue guidance at $2.5B-$2.7B, including impacts from the Tropicana Las Vegas closure and growth from the Chicago Temporary Casino, International Interactive business, and Rhode Island iGaming operations.
May 01, 2024 | 8:53 pm
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Bally's reaffirms its 2024 revenue forecast of $2.5B-$2.7B, reflecting stability in its operations and growth prospects.
Reaffirming revenue guidance, especially in the face of operational changes like the Tropicana Las Vegas closure, suggests Bally's is confident in its growth strategy and operational resilience. This could positively influence investor sentiment by highlighting the company's stability and growth prospects in its existing and new ventures, such as the Chicago Temporary Casino and iGaming operations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100