Bally’s Intralot reports €544.2 million in H1 2026 revenue

Bally’s Intralot reported revenues of €544.2 million and an adjusted EBITDA of €184.8 million for the first half of 2026, representing a 34.0% margin. The company’s performance was influenced by market seasonality in Turkey and the timing of jackpots in the United States.

Key drivers included the consolidation of Bally’s International Interactive (BII), which contributed €377.6 million in revenue and €132.8 million in adjusted EBITDA. In the United Kingdom, revenue growth accelerated to 11.6% on a constant currency basis, reaching record levels despite a tax increase for online gaming from 21% to 40% that impacted the second quarter by approximately €34 million. The company managed to offset about 65% of this tax burden through revenue growth and cost optimization.

Segment performance showed that iGaming and sports betting accounted for 74.9% of total revenue, while lottery games represented 20.3%. In Turkey, Bilyoner saw a 28.9% increase in betting volume in local currency, though revenue decreased by 5.5% due to the depreciation of the Turkish lira. In Argentina, revenues rose by 7.6%. Conversely, B2B revenues fell by 9.7%, primarily due to lower performance in the U.S. lottery and equipment sales.