Bally's Corporation Announces Fourth Quarter And Full Year 2020 Results COMPANY ESTABLISHES FOUNDATION OF ITS INTERACTIVE DIVISION News provided by Share this article Share this article PROVIDENCE, R.I., March 4, 2021 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) (the "Company" or "Bally's"), today reported financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 and Recent Highlights Net income increased 51.4% year-over-year to $20.2 million, driven primarily by bargain purchase gains, as well as margin improvements and increased operational efficiencies Adjusted EBITDA decreased 47.6% to $21.1 million year-over-year, impacted by COVID-19 related regional capacity and health limitations Despite the difficulties in the quarter, the Company generated cash from operating activities of $17.8 million in the fourth quarter of 2020 compared to $21.4 million for the same period 2019