Bally's Corporation (NYSE:BALY) Q1 2022 Earnings Conference Call May 5, 2022 8:00 AM ET
Company Participants
Bobby Lavan - Chief Financial Officer
Lee Fenton - Chief Executive Officer
George Papanier - President-Retail
Conference Call Participants
Jeff Stantial - Stifel
Barry Jonas - Truist Securities
Ricardo Chinchilla - Deutsche Bank
Dan Politzer - Wells Fargo
David Katz - Jefferies
Stephen Grambling - Goldman Sachs
Operator
Good day and thank you for standing by. Welcome to the Bally’s Corporation First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers ' presentation, there will be a question-and-answer period. [Operator Instructions] Please be advised that today's conference call is being recorded. [Operator Instructions]
I would now like to turn the call over to Bobby Lavan, Chief Financial Officer of Bally's. Please go ahead, sir.
Bobby Lavan
Good morning, everyone and thank you for joining us on today's call. The earnings release that accompany this call is available in the Investor Relations section of our website. With me on today's call are Lee Fenton, Chief Executive Officer; George Papanier, President Retail; and Robeson Reeves, President Interactive.
Before we begin, we would like to remind everyone that comments made by management today will contain forward-looking statements. These forward-looking statements; include plans, expectations, estimates and projections that involve significant risks and uncertainties. These risks are discussed in the company's earnings release and SEC filings. Actual results may differ materially from the results discussed in these forward-looking statements.
In addition, during today's call, management will refer to certain non-GAAP financial measures. Reconciliations to the most comparable GAAP financial measures are included in the schedules contained in our earnings release. We do not provide a reconciliation of forward-looking non-GAAP financial measures due to our inability to project special charges within certain expenses.
Today's call is also being broadcast live on our Investors site and will be available for replay shortly after the completion of the call.
Turning it over to, Lee.
Lee Fenton
Thank you, Bobby. Hello, everyone. Good to be with you today. It has not been that long actually since we last reported. But in that short time there has been some change and we have achieved one very important milestone.
The momentum we saw in casinos and resorts in late February continued through April. Atlantic City was positive in March and April, which is an exciting turn for that property. The removal of mass mandates and the return of smoking in Rhode Island drove the highest performance there since early 2019.