Bally’s US Online Gaming Operations Posts Q1 Revenue Growth
Bally’s Corporation, a leading gaming and entertainment company in the United States, has reported impressive growth in its online gaming operations for the first quarter of 2022. The company’s online gaming division, which operates under the Bally Bet brand, saw a significant increase in revenue compared to the same period last year.
According to the latest financial report released by Bally’s, the company’s online gaming revenue for the first quarter of 2022 reached a record high, surpassing all previous quarters. The revenue growth was driven by strong performance across all of Bally’s online gaming offerings, including casino games, sports betting, and online poker.
One of the key factors contributing to Bally’s strong online gaming revenue growth was the increasing popularity of its Bally Bet mobile app. The app, which offers a wide range of casino games and sports betting options, has been well-received by customers and has seen a steady increase in user engagement and activity.
In addition to the success of its mobile app, Bally’s has also benefited from the expansion of its online gaming operations in several key markets across the country. The company has recently launched new online gaming platforms in states such as Michigan, Pennsylvania, and New Jersey, further expanding its presence in the rapidly growing US online gaming market.
“We are thrilled to see such strong growth in our online gaming operations during the first quarter of 2022,” said George Papanier, President and Chief Executive Officer of Bally’s Corporation. “Our focus on providing customers with a superior online gaming experience through our Bally Bet platform has clearly resonated with players, and we are excited to continue building on this momentum in the coming months.”
Looking ahead, Bally’s plans to further expand its online gaming offerings and explore new opportunities for growth in the US market. The company remains committed to delivering innovative and engaging gaming experiences to its customers while striving to achieve sustainable long-term revenue growth.
Overall, Bally’s impressive performance in its online gaming operations for the first quarter of 2022 is a clear indication of the company’s strong position in the rapidly evolving US gaming industry. With a solid foundation in place and a proven track record of success, Bally’s is well-positioned to continue driving revenue growth and delivering value to its shareholders in the months and years to come.
