Bally's Corporation Reports Q2 2026 Revenue Jump as UK Operations Offset Tax Hike
Tina Becker · Sep 7, 2026

Bally's Corporation Reports Q2 2026 Revenue Jump as UK Operations Offset Tax Hike

Bally's Corporation posted Q2 2026 revenue of $792.23 million, equivalent to £484.98 million, which marked a 20.5% increase from the $657.53 million recorded in the same quarter of the prior year; UK-facing operations played a central role in that expansion while helping cushion the effects of the remote gaming duty rise from 21% to 40% that took effect on April 1, 2026.
Adjusted EBITDAR climbed 8.3% to reach $187.52 million during the period, and company statements pointed to UK revenue growth that accelerated to roughly 13% in July without additional marketing outlays; at the same time management continued to move the planned acquisition of Evoke, owner of William Hill, valued at more than £3 billion, through the required regulatory review process.
Revenue Performance and Year-on-Year Comparison
Figures released by the company show total revenue reaching $792.23 million in Q2 2026, a clear advance over the $657.53 million posted twelve months earlier, and the growth occurred even as operators adjusted to the higher remote gaming duty introduced at the start of April; analysts tracking the sector noted that the UK segment contributed meaningfully to the overall result by delivering stronger top-line numbers than in previous quarters.
The same data set indicated that adjusted EBITDAR rose 8.3% to $187.52 million, reflecting improved operational efficiency across Bally's portfolio while the business absorbed the impact of the duty change that affected remote gaming activities; observers following the earnings release highlighted how the UK-facing revenue stream helped stabilize margins during the transition.
UK Market Dynamics and Duty Adjustment
The remote gaming duty increase, which moved from 21% to 40% effective April 1, 2026, created a new cost structure for operators with exposure to the UK market, yet Bally's reported that its UK revenue growth rate reached approximately 13% by July without any incremental marketing investment; that acceleration occurred alongside broader efforts to integrate recent platform enhancements and maintain customer engagement through existing channels.
Company disclosures emphasized that UK operations continued to expand at a faster pace than the overall group average, which in turn offset some of the margin pressure introduced by the higher duty rate; data from the earnings materials showed consistent month-over-month improvement in the region through the second quarter and into the early part of the third quarter.

Acquisition Progress and Regulatory Path
Bally's also updated investors on the status of its proposed purchase of Evoke, the parent company of William Hill, in a transaction valued at more than £3 billion; the deal remains subject to regulatory approvals, and management stated that the process continues to advance through the necessary review stages without providing a specific completion date.
According to the Evening Standard report covering the earnings, the acquisition forms part of Bally's longer-term strategy to strengthen its position in the UK and international markets while regulatory bodies in multiple jurisdictions conduct their assessments; the timeline for final clearance depends on those ongoing examinations.
Operational Context in September 2026
By September 2026 the company had already reported several months of post-duty-increase trading, and the July revenue growth figure of around 13% in the UK provided an early indication that the business model could adapt to the revised tax environment; executives pointed to organic improvements in player retention and product mix as factors supporting that performance without added promotional spend.
Industry observers tracking similar operators noted that Bally's results aligned with patterns seen across other multi-jurisdictional groups that balance land-based and remote revenues, although each company faces distinct exposure levels depending on its UK weighting; the Q2 numbers offered one data point in that wider set of quarterly releases.
Financial Metrics at a Glance
- Q2 2026 revenue: $792.23 million (£484.98 million), +20.5% year-on-year
- Adjusted EBITDAR: $187.52 million, +8.3% year-on-year
- UK revenue growth rate in July: approximately 13%
- Evoke acquisition value: more than £3 billion, pending regulatory approvals
Conclusion
The Q2 2026 results from Bally's Corporation illustrate how a diversified operator can report revenue growth even after a significant remote gaming duty adjustment, with the UK segment contributing to both top-line expansion and margin support; the ongoing Evoke acquisition continues through its regulatory phase while the company maintains focus on organic performance metrics across its existing operations.
Those figures, combined with the July growth data, provide a snapshot of trading conditions in the months following the April duty change, and further quarterly updates will show whether the trends observed through the summer extend into the remainder of 2026.