(AsiaGameHub) –   Bally’s has announced its financial results for the first quarter ending March 31, characterizing them as “solid” with total revenue reaching $755.7 million, a 28.3% increase compared to the same period last year.

The company’s performance during this quarter was bolstered by both internal growth and successful acquisitions. Revenue from land-based casinos and resorts amounted to $379.7 million, marking an 8.1% rise from the prior year. This revenue growth was also partly attributed to Bally’s completion of its merger with The Queen Casino & Entertainment in February 2025.

Bally’s highlighted particularly strong performance from its properties in Baton Rouge and Marquette, which transitioned to land-based operations in late 2025 and early 2026, respectively.

According to Reeves, Bally’s continues to experience positive momentum with its significant development projects, including its casino in Chicago, which he noted is the only casino within Chicago city limits and the largest casino in the state of Illinois.

CEO Robeson Reeves stated:

We are also progressing with the development of Bally’s Las Vegas at the former Tropicana site, which will share a 35-acre campus with Major League Baseball’s Las Vegas Athletics. Construction of the A’s stadium is well underway and on track to support the team’s 2028 season opening, while we are actively engaged in discussions with potential partners for exciting entertainment and retail ventures. In the fourth quarter of 2025, following regulatory approval from Australian authorities, Bally’s converted its loan to The Star Entertainment Group Limited (“Star”) into a 38 percent equity stake. Bally’s management team is providing valuable expertise and support to Star, and we are observing good progress in both revenue and cost-saving initiatives. In early May, Star announced the complete refinancing of its existing debt with a US$390 million facility from WhiteHawk Capital Partners, significantly enhancing the company’s liquidity and paving the way for continued recovery.

Looking ahead, Reeves also indicated that Bally’s is focused on building a comprehensive global omni-channel gaming business, while simultaneously seeking further development opportunities in key markets.