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Impairment charge pushes Bally’s preliminary Q4 losses to $477m

Posted on 13/02/2023

A significant impairment charge may cause Bally’s losses to rise more than 300% year-on-year to $476.8m (£394.3m/€446.2m) according to its preliminary Q4 results, even as revenue is set to remain stable at $576.7m during the quarter.
Bally's

Bally’s released its preliminary fourth quarter and full year 2022 results today (February 13).

If the fourth quarter preliminary revenue is accurate, this will be a gain of 5.2% year-on-year.

Read the full story on iGB North America.

Source: Read Full Article

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