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How Bally's (BALY) makes money

Bally's (BALY) made $792M of revenue in the second quarter 2026 (Q2 2026), +42% from a year earlier. Gaming brought in $608M (77%); Non-gaming brought in $184M (23%).

Drawing the Sankey…

Bally's revenue by segment, Q2 2026Bally's revenue by segment, Q2 2026Gaming$608MNon-gaming$184M
Bally's: revenue by line, Q3 2025 to Q2 2026Bally's: revenue by line, Q3 2025 to Q2 2026GamingNon-gamingGaming: $608M latest$608MNon-gaming: $184M latest$184MQ3 2025Q1 2026Q2 2026
Non-gaming went from 18% of revenue in Q3 2025 to 23% in Q2 2026, the largest shift in the mix.
Bally's revenue by quarterBally's revenue by quarter$580MQ4 2024$658MQ2 2025$664MQ3 2025$746MQ4 2025$756MQ1 2026$792MQ2 2026

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Gaming$608M76.7%+3%+9%
Non-gaming$184M23.3%+12%—
  ↳ Technology Services$62.1M7.8%+5%—
  ↳ Retail, entertainment and other$47.5M6.0%+20%+95%
  ↳ Food and beverage$36.6M4.6%+9%+5%
  ↳ Hotel$33.6M4.2%+13%-0.4%
  ↳ License$4.5M0.6%+50%-36%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$792M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$792M+20%
Q1 2026$756M—
Q4 2025$746M+29%
Q3 2025$664M+5%
Q2 2025$658M+6%
Q4 2024$580M-5%

From Bally's 10-Q filed Aug 14, 2026 (on EDGAR).

Questions

How does Bally's make money?

Bally's (BALY) made $792M of revenue in the second quarter 2026 (Q2 2026), +42% from a year earlier. Gaming brought in $608M (77%); Non-gaming brought in $184M (23%).

What is Bally's biggest business?

Gaming: $608M in the second quarter 2026, 77% of revenue, +9% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.