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Bally's BALY North America Interaction & International Interactive Segments — Advertising expense

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Other financials

Income statement

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Revenue$755.7M+105%
Operating income$91.6M+5,161%
Net income-$161.9M-569%
EPS (diluted)-$2.69-572%

Balance sheet

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Cash & equivalents$653.4M+183%
Total debt$6.8B+23.0%
Total equity$791.3M-0.6%
Total assets$10.9B+45.9%

Cash flow

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Operating cash flow-$145.0M-445%
CapEx$38.9M+27.6%
Free cash flow-$183.9M-1,693%

Valuation

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Market cap$658.36M+35.0%
Enterprise value$6.83B+14.9%
P/S0.2×-0.1×

Profitability

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Operating margin-4.2%-1.4pp
Net margin-25.3%+31.2pp
FCF margin-12%

Returns & leverage

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Return on equity-144%-434pp
Debt / equity8.6×+1.7×
Current ratio1.1×+0.4×

Where this comes from

Reported directly by Bally's in its filing.

Tagged under the XBRL concept us-gaap:AdvertisingExpense.

The source filing: Bally's’s 10-Q, filed May 18, 2026.

Filed
May 18, 2026, 4:57 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001747079-26-000046

The Company expenses advertising costs as incurred. Advertising expenses, including production and agency fees of campaigns, for the three months ended March 31, 2026 (Successor) was $5.1 million. Advertising expenses, including production and agency fees of campaign, for the period from February 8, 2025 to March 31, 2025 (Successor) and the period from January 1, 2025 to February 7, 2025 (Predecessor), was $1.4 million and $0.9 million, respectively. The above advertising expenses are included in General and administrative on the condensed consolidated statements of operations. Additionally, the Company incurred certain advertising and marketing costs directly associated with the Company’s iGaming products and services of $38.0 million for the three months ended March 31, 2026 (Successor). Certain advertising and marketing costs incurred directly associated with the Company’s iGaming products and services of $18.1 million and $12.6 million during the period from February 8, 2025 to March 31, 2025 (Successor) and the period from January 1, 2025 to February 7, 2025 (Predecessor), respectively. These costs are included within Gaming expenses in the condensed consolidated statements of operations.

ITEM 1. Financial Statements

FAQ

What is Bally's's north america interaction & international interactive segments — advertising expense?
Bally's (BALY) reported north america interaction & international interactive segments — advertising expense of $38M in Q1 2026.
How has Bally's's north america interaction & international interactive segments — advertising expense changed year-over-year?
Bally's's north america interaction & international interactive segments — advertising expense increased by 109.9% year-over-year, from $18.1M to $38M.
What is the long-term trend for Bally's's north america interaction & international interactive segments — advertising expense?
Over 3 years (2021 to 2024), Bally's's north america interaction & international interactive segments — advertising expense has grown at a 40.9% compound annual growth rate (CAGR), from $60.8M to $170.1M.
What does north america interaction & international interactive segments — advertising expense mean?
This metric represents the total marketing and promotional expenditures specifically allocated to the digital and interactive gaming operations across North American and international markets. It captures the investment required to acquire and retain online users, reflecting the company's strategy for scaling its digital footprint in competitive gaming jurisdictions. Monitoring this expense helps investors assess the efficiency of customer acquisition costs relative to the revenue growth generated by the interactive segment.

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