Slide 1: Investor Presentation
Csubiys™ 3023 INVESTOR PRESENTATION
Slide 2: Forward-Looking Statements and 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: 3Q23 Earnings Highlights
1 3Q23 EARNINGS HIGHLIGHTS ✓ Casinos & Resorts revenues increased by +9% y/y driven by growth in Rhode Island, Kansas City, Black Hawk and Quad Cities (also includes Trop LV & 3 weeks of Chicago). This was despite sector softness which saw Bally’s improve share in most regions ✓ International Intera
Slide 4: Casinos & Resorts
CASINOS & RESORTS
Slide 5: Casinos & Resorts Revenues 3Q21-3Q23
coming soon (1) Properties 17 Active Employees 10,500 # of Slot Machines/VLTs 15,000 # of Gaming Tables (total) 600 # of Hotel Rooms 5,300 Revenues 3Q21-3Q23* $359 $329 $303 States with Casino States with iGaming/OSB access 3Q21 3Q22 3Q23 * 3Q23 includes a full quarter of the Trop LV and ~3 weeks of
Slide 6: Chicago Temporary Casino Opened September 2023
Opened September ‘23 Observations & Achievements ❖ Over 155,000 visitors in first 50 days ❖ Top 2 table games operator in Illinois by size and revenues ❖ Strong play within our VIP segment ❖ Increasing repeat visitation from Bally’s Reward customers ❖ Good mix of local and tourist traffic Gaming & M
Slide 7: International Interactive
(sally INTERNATIONAL INTERACTIVE
Slide 8: International Interactive Revenue and Margins
❖ Revenue growth of 13.1% in USD and 5% y/y growth in 3Q23 ❖ Revenue growth of 7.2% y/y in 3Q23 USD and 3% y/y through in constant currency the first 9 months of the year ❖ Continued growth ahead of market driven by strong customer ❖ Adjusted EBITDA margins improved to 35%, up 150 bps y/y ARPUs and
Slide 9: North America Interactive (NAI) "iGaming First"
(sally NORTH AMERICA INTERACTIVE (NAI) “iGAMING FIRST”
Slide 10: Rapid Growth in iGaming: Pennsylvania Launch
CASE STUDY RECENT LAUNCH Rapid Growth in iGaming: Ready to Scale A Robust Launch for Pennsylvania in June 2023 ❖ Launched Bally’s iCasino in December 2021 ❖ PA hit over 10,000 unique monthly customers in 3Q ❖ Sequential market share gain since launch with a target market share of 6-8% ❖ After 100 da
Slide 11: Rollout of Bally Bet
Rollout of Bally Bet Bally Bet OSB Rollout Schedule ❖ Bally Bet is a combination of Bally's front-end, White Hat PAM & Kambi sports engine & front-end States 3Q23 4Q23 ❖ 3Q Bally Bet completed: − 4 Interactive: OH, VA, AZ, CO Ohio − 5 Retail launches: Shreveport (OTC only), Biloxi, Vicksburg, Atlant
Slide 12: Financial Overview
FINANCIAL OVERVIEW
Slide 13: 3Q23 Financial Results and Core Property CapEx
in $ millions 3Q23A Current Y/Y % Casinos & Resorts $359 9% ❖ Bally’s International Interactive, the UK was Int'l Interactive $244 7% +13.1% in USD as we continue to take incremental share. Margins improved to NA Interactive $30 34% 35%, up 150 bps y/y Total Revenues $633 9% ❖ Core C&R revenue growt
Slide 14: 2023 Full Year Guidance
2023 Full Year Guidance Total Revenues $2.4-$2.5 Billion Adjusted EBITDAR $640-$655 Million 4Q23 Considerations ❖ 4Q FX rates: GBPUSD 1.21 and EURUSD 1.05 ❖ UK strength and accretive market share gains in constant currency; operating formula of increasing ARPU and FTDs, while reducing CPA, continuin
Slide 15: Net Debt and Fully Diluted Shares Outstanding
Cash and Cash Equivalents ~$179 Common Shares Outstanding as of September 30, 2023 45,616,627 $620M Revolving Credit Facility, 2026(1) $115 Sinclair Warrants and Options(1) 12,830,730 Senior Secured Term Loan Facility, 2028(1) $1,911 Transaction Warrants and Contingent Shares 52,754 Total Secured De