Slide 1: 2024 Earnings Presentation
Bali s™ 2024 EARNINGS PRESENTATION
Slide 2: Forward-Looking Statements; Non-GAAP Financial Measures
Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the securities laws. Forward-looking statements are statements as to matters that are not historical facts and include statements about Bally’s Corporation’s (“Bally’s”) plans, objectives, expectat
Slide 3: 2Q24 Earnings Highlights and Operating Highlights, Development Updates
2Q24 EARNINGS 2Q24 OPERATING DEVELOPMENT HIGHLIGHTS HIGHLIGHTS UPDATES ❖ Casinos & Resorts: ❖ Chicago Temp ramp continues: ❖ Chicago Permanent Casino: • Revenues increased 3.0% Y/Y overall • Aggregate visitation has now • Finalized financing plans with GLPI - • Excluding impacted properties , (1) ex
Slide 4: Casinos & Resorts
CASINOS & RESORTS
Slide 5: New Property Renderings
NEW PROPERTY RENDERINGS 3,300 173 500 Slots Tables (incl Hotel Rooms Poker) 3,000 54,260 24 Seat Entertainment SF F&B outlets Spa, Nightclub Venue Meeting Space DEVELOPMENT UPDATES ❖ New design complements the Chicago skyline with another iconic architectural addition ❖ GLPI provides more than just
Slide 6: Bally's Kansas City and Bally's Shreveport Deal Terms
BALLY’S KANSAS CITY BALLY’S SHREVEPORT 43k SF of Gaming 30k SF of Gaming 913 Slots 965 Slots 24 Table Games 52 Table Games ~900 Parking Spaces 403 Rooms & Suites 5 F&B Outlets 6 F&B Outlets VIP Lounge Sportsbook (Bally Bet) DEAL TERMS ❖ Sale Leaseback with GLPI for total consideration of $395.0 mill
Slide 7: International Interactive
(sally INTERNATIONAL INTERACTIVE
Slide 8: International Interactive results
❖ UK revenue increased 9% in USD and 8% in GBP though total ❖ UK White Paper leading to share gains and consolidation segment revenue declined by 7.4% Y/Y opportunities ❖ Segment margins improved by ~130 basis points Y/Y ❖ Lower acquisition costs and improved returning customer engagement continues
Slide 9: North America Interactive
(sally NORTH AMERICA INTERACTIVE
Slide 10: Strategic Highlights for 2H24
Strategic Highlights for 2H24 New Jersey (Bally’s Brand launched 12/21) ❖ Growth in customer value powered by improved product proposition ❖ GGR annualizing at >$90M Pennsylvania (launched 6/23) ❖ Significant expansion of player base driven by customer retention and a growing actives base ❖ Strong g
Slide 11: Strategic Highlights for 2H24
Strategic Highlights for 2H24 Bally Bet OSB a funnel to cross-sell into retail and iGaming ❖ Measured approach to marketing Bally Bet OSB Markets Live Launches Expected Launches Roll-outs for 2H24 include States Live 2H24 ❖ Massachusetts and Maryland in July Ohio ❖ Targeting additional OSB launches
Slide 12: Financial Overview
FINANCIAL OVERVIEW
Slide 13: 2Q24 Financial Overview
in $ millions 2Q24 ❖ C&R revenue growth of 3.0% driven by the Y/Y % Chicago Temp and stability in the portfolio Casinos & Resorts $343 3% ❖ *Excluding specifically impacted properties, International Interactive $229 (7%) Lincoln, AC and the Trop, revenues grew 19% Y/Y. Without the Chicago Temp, Nort
Slide 14: Net Debt and Fully Diluted Shares Outstanding
Cash and Cash Equivalents ~$155M Common Shares Outstanding as of June 30, 2024 40,619,356 $620M Revolving Credit Facility, 2026(1) $350M Sinclair Warrants and Options(1) 12,830,730 Senior Secured Term Loan Facility, 2028(1) $1,896M Transaction Warrants and Contingent Shares 52,754 Total Secured Debt
Slide 15: Thank You
THANK YOU