Description
Overview of the 3rd quarter of Bally's Corporation for the year 2023.
Goals and objectives of the research
Research Objective: To perform a comparative analysis of the Q3FY23 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q3FY23;
- Analyze the collected information;
- Conduct a comparative assessment of the Q3FY23 report with the reports from previous quarters of the current fiscal year and Q3FY22;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company reports are unaudited.
Document markup
- FY - Financial Year;
- Q - Quarter;
- MC - Monarch Casino & Resort, Inc;
- QoQ - Quarter-over-Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Monarch Casino & Resort, Inc report period is from January 1, to December 31, 2023;
- The specified financial year coincides with the calendar year.
Short Insights
- Casino revenue decreased 4.02% in Q3FY23 (73.818 million USD);
- Casino operating expense as a percentage of casino revenue increased to 34.5% for Q3FY23 (25.473 million USD);
- Food and beverage operating expense as a percentage of food and beverage revenue decreased in Q3FY23 (23.330 million USD) to 70.8%;
- Depreciation and amortization expenses increased to 12.197 million USD for Q3FY23, compared to 11.183 million USD for the same prior-year period.
