two thank joining happier on in X, I priorities Welcome discussing us. be of gaming for you entertainment all with here. time join to together from our and acquisition focus years global I've excited to call and the everyone, of and will forward steps could going you Thanks, company. of outstanding have state great strong customers. cash some past I'm flow, in key spent simplify business. give of investors brand the notes, market to the We stakeholders. Casino road access map the to other millions seen further story Bobby. strategic start strategic high of our our an us our journey be expectations want Bally's namely, and to to today Bally's and the and October Shreveport competitive our morning, gives Louisiana forward. the into closed direction Gamesys on evolving large presence some fully Good technology, The of you to build our of direction that not you Today's insight awareness owned Bally's. we and have
we both Twin then, casinos, Sinclair a strategic and Bally's, ago, year cap. closed to one acquired named Since digital, on Gamesys name Bally with its sports in Sports, we've to changed iGaming River multiple a our rename and and were all and deal have in Just million done to retail to with management in a deep product networks regional talent. experience market transformative $XXX give betting engine a to access us struck deal sports
three fourth we is Our we're segments. $X XXXX, and market through the report beginning. think more cap now and Starting billion, we into operate and upcoming with the will yet business than quarter just
comprising casinos XX retail Firstly, XX our current states. in
year our and more Las Tropicana proposed We build next acquisition Chicago. our information providing will on through of build be planned new Pennsylvania, Vegas early in in our
flow rent run from annualizing expense million million quarter me for doing so by to Gamesys well resources try as assets Interactive. Interactive access, Bet. of The the Works third parts, collection to addition This to as into currently and approximately strategic well insurance growth. American segment International American Interactive grow North America, flow technology The North years, with segment is to digital of rationale while a the will hand $XX And over will includes Interactive, see generation the that free whilst pressure in revenues This and combine unique story. segment and International five strong the omnichannel data-driven as gambling iGaming includes iCasino year. casino adjusted Retail And $XX in provide footprint. to also two market invest lots City, continue past product $XXX the grow earnings we and on casinos including the as at rest scalability our factors, at Bally's some brand growth retail to rates be ample and business adjusted this continuing as and and OSB I to internationally. player second to the let This including in through. the American acquired will rent, $XXX the North leverage market U.K. and world. in well excludes segment are will moving what cash have EBITDA, stages together Bally's with databases. states stands Asia markets Interactive. of be excluding which is smaller will start existing at includes turbocharge International access expense and Our Canada. international Interactive awareness our into market Gamesys market-leading into scale market interactive bring generated approximately Europe Corporate operations providing opportunity. as casino early and of tremendous believe was upward platform North that simplify which technology flow to and casinos, EBITDA. retail of include -- footprint per will in There we'll casinos is of cash Gamesys Atlantic high-growth retail million, be meaningful U.S. the proven know-how cash our are hiring. million a in technology
is the billion cash million. cash of flow million, average of to at free retail North value. pretax Maintenance all with to interest have CapEx drive expense Interactive, $XXX casinos $XXX that up million buybacks, you American or we CapEx investments Our new invest an shareholder is in of of before growth When debt of sub-X%. which new cost $XX capital is stack $X.XXX entity add for north share
XX% consideration per contingent cash a we're options full includes of common of rate $X free million XX dilution and shares, Assuming and flow. shares around and other tax which warrants, outstanding share
drive do a we We will strong built continue creating value, evaluate exactly what here. of to shareholder intend investments that track record At shareholder value. that's Gamesys, to and we've
We CAC stock initial near that spending success-based segment to We And pretax XX% the spend North indicates is are with in at Interactive. taking ROI investing and our we'll be committed strict although growth will Be in investing $X near investing of free metrics. most share flow flow early North LTV there, per and back in days, cash importantly, into games metrics. analysis American properties, term. ran strict and in buying our position, free the grounded certain be the more. a our in the of cash will American competitive If we Interactive and
of Bally's Bally's to quarter, EBITDA. two Nevada. casinos of excluding by approximately quarter discuss and revenue Gamesys rent. the Looking record of had results Co for of included $XX EBITDA, separately. million of and wildfires will The EBITDA and disasters I million $XXX Retail have revenue was and a that with $XXX Corporation adjusted third $X results in because of natural million sales hurricanes $XXX million million negatively impacted
properties justified excluding on later, compared EBITDA normalized A the margin to to disaster hotel, $XXX up mid- impact a in equates million which Atlantic XX% a Demand were rent, few will in back revenues LinkedIn $XXX October on to touch million XXs. million million to City, notes XX% EBITDA natural property period $X the and In opening XXXX. X% comparable to Excluding margins we expect adding I has XXXX. we was at to quarter. in the Adjusted on in of X. $XX which games high a EBITDA, This environment, did post-COVID at XXXX. cable normalize the
to $X than Atlantic reported continue will a below We approach the previous bringing still conservative but better back expectations. to million quarters, positive of take a City amenities. EBITDA
get We AC very it the a expect EBITDA City in we're million. have It success. $XXX year with million-plus CapEx comparable journey potential, our The Atlantic been to be the investment long-term our full to but a Bally's before runaway in dividend right. ultimately, us the we took on $XX months will it from at property. approximately Tiverton. full XXXX I've year over losses of and to positive program believe have reviewed has XX is investment But
XXXX the in property be focus would to iCasino Additionally, our launch discuss heavily that I support in AC will shortly.
Our the program to in quarter. state accelerated rebrand retailer the
end that million was early for XXXX. primarily natural We expect a an ago. for disaster the month step and changing has few I This XXXX. into all I'm the walked delivered door adjusted at has just group casino Eldorado properties with October. EBITDA rebranded into have Atlantic up excluding Shreveport City, $X performing a year. with Bally's September, XX% record July tailwind the that when quarter retail be in adjusting will entire in disasters by been improved down sitting impacts, the days investment a was August to and exceptional Net-net, the a banner of from over natural
offset maintain labor increased XXXX. by expect to We improvements recent moderately in margin rates
technology of Right closed and in of and American Moving through quarter the losses. to Bally's acquisitions adding Interactive. front-end is level of assets $XX.X professionals structural in development to as drive awareness, development. acquired to four stack. continue efforts. line had cost volleyball proprietary content engagement building This free-to-play million the with priorities: support and the the expectations our Degree we of In to advantages using awareness, as on consumer telescope association and $X.X partnerships, revenue firstly, closed, well invest brand at integration further local and relative of our a quarter, of Interactive North expertise engagement we we Post competition. that the as brand the the has XX, to EBITDA million sports and In Bet.Works Bally's now, Gamesys our quarter, awareness the customer we
that Secondly, iCasino and customers. launch loved products OSB our by are to
Bally opportunities the of Jersey Bally we customer for before the a omnichannel launched the glove programming relevant customer. New teams value quarter, In consumer in our is progress end the the unique good their an brand daily made Thirdly, in to with footprint for leverage content interactive and with work colleagues and Casino adding Eye year. deliver both hand that on that develop our engagement lastly, launches. retail creates the on to to and And experience We app to basis.
We are will months, in with sites. beach launch Virginia app the in currently Indiana, Colorado and Bally in X.X And and live Iowa. coming we Bet
the launch on in third engine data-driven half and experiences in will app part the is see play months. us Knife the available the core and integrate and business, multiple though, new deployed the us scale once quicker Bet business the Our will Bally BXB the and pain daily Bet through XX help to on Brand will but Bet.Works The we significant update launch focused tools. across This X.X scalable is that visibility as strong Monkey our states. states offering improving progress technology, awareness cycle through on sports management Arizona, that and of of player portal BXC that our strength XXXX. coming is will experience, focus, Bally across free-to-play Gamesys fantasy in our the Fight first given Bally Sports, we now large X.X over
Moving of the the business the in performance on to quarter. Gamesys
In Asia users increased X% As X. Revenue as X% was record are headwinds for Germany we accounted and year-on-year, Revenue $XX basis. a basis increased was Gamesys active Netherlands due U.K. constant exiting the acquisition in EBITDA regulatory U.K., was October down million. points Revenue on a noncore year markets and performance the were million XX% XXX reminder, EBITDA a the while and while of in that EBITDA closed on up quarter. on X% revenues changes $XXX increased we was increased XX% currency the Europe X%. to of prior. and
to retaining quarter growing, the rate and in Our a the term brand. gives been XXp size license bingo Average the compared of bingo and double in the us half stake prior. proposition September excess year revenues to XXp the well market the gobble transition with and received improved U.K. an by for was in has trademark in of us XX-year XX% it of
a XXp average Our XXp prior. in size slots the versus state for quarter was year
VIP believe dependence lack position We average the the as size, the a in gambling on U.K. customer favorable us progresses to review. responsible puts gaming app and bet continue that of a standards business profile,
leader the active been We In in to and up practices users have always will market. were be continue XX% year-on-year. of best Asia,
Our the comes strong localized growth customer from leading market in acquisition games and practices.
exclusive games customer that to frequency Asia, with service daily free to content extending We continue most our more increased our enhance to enhance notably reach offering and XX/X. hours and with in retention
in quarter is tax processing a and of market costs, in a leads company, that any a data customer want fees more the for including X.X% business the market. professional drive was fixed to market G&A to a XXXX. net licensing, the including of Prior future. costs, $XX best -- growth points. and came year gaming is same XX.X% determinations, was a look approach to I net peers. Distribution prior. unique through benchmark XX.X% marketing, profitability in of prior structure, predictable is XX.X% CAT of with in the Gamesys from which XXXX over Steve, XX.X% was in are a market costs, to which costs, leave to compensation, a using being maintain on revenue the the first In decision-making U.K., to good best-in-class going and has million our which Our the to record variable forward. churn. life revenue, from it to service and very of growth versus Gamesys Administration the has better the as few year. we'll EBITDA share just into management for handing lower in The Adjusted cost share This cycle grown Company and fees share LTV to you analytics This same
deploy We the interactive American environment. into tools all will these North
product. market always need Another choices, Customers our have an of We take a key not we to and growth first in will will products. centricity. be inferior was customer-centric view with factor customer do to
We will build right, and to the are we launch is when to value. short-term trust seek product gains willing and long-term
American will management will marketing the important American cycle better life and into starting technologies implement and apply brand to are The the to analytics retail very of time Interactive, be growth we've but Company Gamesys industry. North at gaming for and inclusion. our and the analytics and we the at driving industry saw gaming to build focus My of the ESG forefront U.K. at brand. my Bally's it's become casino of and month the omnichannel the online will with issues gaming. of sustainability be diversity responsible and These Bally's, the is more particularly Our critical new hired minds, casinos, to experience. both in the first at In in a is being us as in awareness group forefront continue a leader of for put on North true the recognizable sustainability, the to and relevance also heads
Bally's that story who to I through and clarity execute Steve our provide will long-term multiple and on with road the to numbers incremental on fast for map quarter. progress It create the job little get I of Finally, the tangible With some growth very XXXX value. simplify has that, the been pass to group color the it the will a incredibly is story acquisitions. through due now to complex the investors up to
