Bally’s Corporation reported a 20.5% increase in second-quarter revenue to $792.2 million, but a substantial quarterly loss, high debt levels and financing requirements are drawing renewed attention to the company’s major development projects, including its permanent casino in Chicago.
For the quarter ended June 30, 2026, Bally’s reported a net loss of $163.98 million, with $146.1 million attributable to the company. Its net loss for the first six months of the year was about $308 million.
Bally’s had approximately $4.5 billion in debt as of June 30 and recorded about $265.9 million in negative operating cash flow and nearly $229 million in net interest expense during the first half. The company has disclosed…