Bally's (BALY) Intangibles (2018 - 2026)
Bally's' Intangibles was $2.86 billion in Q2 2026, up 47.5% from $1.94 billion a year earlier but down 2.1% from the prior quarter.
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Analysis
Bally's (BALY) Intangibles (2018 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Bally's came in at $3 billion, up 129.5% from FY2024.
- Intangibles shows a five-year compound annual growth rate of 35.2% (FY2020 to FY2025).
- In earlier years, Intangibles was $1.31 billion in FY2024 (-30.1%), $1.87 billion in FY2023 (-4.6%), $1.96 billion in FY2022 (-20.8%) and $2.48 billion in FY2021 (+273.5%).
- Quarterly Intangibles has moved between $996.69 million (Q3 2021) and $3 billion (Q4 2025) over five years.
- Compared with a year earlier, Intangibles has increased for six straight quarters, with growth averaging 26.1% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was Q3 2021 (growth of 302.9%); the worst was Q4 2024 (a decline of 30.1%).
- Per Business Quant data, BALY's Intangibles in the three quarters before Q2 2026 was $2.92 billion (Q1 2026), $3 billion (Q4 2025) and $1.88 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | - |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 837.44 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 6.48 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 103.64 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 180.73 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 208.23 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 1.26 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 3.96 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 323.00 Mn |
| 10 | Bally's | 671.14 Mn | 287.76 Mn | 391.85 Mn | 2.86 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.86 Bn |
| Mar 31, 2026 | 2.92 Bn |
| Dec 31, 2025 | 3.00 Bn |
| Sep 30, 2025 | 1.88 Bn |
| Jun 30, 2025 | 1.94 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 1.31 Bn |
| Sep 30, 2024 | 1.76 Bn |
| Jun 30, 2024 | 1.76 Bn |
| Mar 31, 2024 | 1.81 Bn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 30, 2023 | 2.01 Bn |
| Jun 30, 2023 | 1.94 Bn |
| Mar 31, 2023 | 1.97 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 30, 2022 | 2.18 Bn |
| Jun 30, 2022 | 2.31 Bn |
| Mar 31, 2022 | 2.40 Bn |
| Dec 31, 2021 | 2.48 Bn |
| Sep 30, 2021 | 996.69 Mn |
API Access
Bally's Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=BALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "BALY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=BALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();