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Bally s Corporation Announces First Quarter 2021 Results
Achieves Record Quarterly EBITDA
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PROVIDENCE, R.I., May 10, 2021 /PRNewswire/ Bally s Corporation (NYSE: BALY) (the Company or Bally s ), today reported financial results for the first quarter ended March 31, 2021.
First Quarter 2021 and Recent Highlights
Income from operations of $29.5 million represents strongest quarter since second quarter 2019
Adjusted EBITDA of $52.5 million is up $30.4 million, or 137.9%, from the same period in 2020
Adjusted EBITDA margins of 27.29% represent an increase of 708 bps year-over-year
Announced transformational agreement to acquire Gamesys Group plc to further omni-channel strategy
Strengthened consumer confidence, limited entertainment options and disciplined operating strategy contributed to record results at many properties
Mississippi Lifts Casino Covid Restrictions, but Poker Rooms Still Require Masks
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The Mississippi Gaming Commission rescinded previous COVID-related casino restrictions on Friday, including occupancy limits and a mask mandate for casino workers and patrons. But don’t expect the state’s poker rooms to begin operating maskless any time soon.
Mississippi’s gaming regulators relaxed mask-wearing rules. But poker rooms are sticking by federal guidelines (at least for now) that still call for masks to keep such gatherings safe. (Image: Mississippi Gaming Commission)
The commission released a statement on Thursday that negated all previous directives, and urged licensees to follow local and state pandemic guidelines instead.
Mississippi casinos given flexibility on COVID-19 protocols; some making masks optional
Some casinos now letting masks be optional(WLBT)
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JACKSON, Miss. (WLBT) -Masks have been a requirement for folks entering Mississippi casinos since they reopened last May. But beginning Friday, that’s changing for a lot of them.
We spotted several people still entering WaterView Casino in Vicksburg with their masks on. But the face coverings became optional starting at 5:01 Friday.
“We’ll continue to make masks available to guests who would like to have one on but maybe didn’t bring one,” said WaterView Director of Marketing Amy Hudson. “And our team members who would like to wear a mask obviously will be able to do that, as well. As I understand it, our thought process is we’re going to let people make the choice to do what they are most comfortable with.”