iGaming Analysis & Insights

Key Points Super Group achieved a record Q1 with revenue reaching $612m and adjusted EBITDA hitting $152m, while African expansion and customer activity growth continued pushing company performance higher. Africa emerged as the company’s fastest-growing market after iGaming revenue rose 41% year-on-year, and that result now shifts focus towards where betting industry growth may continue […]

DraftKings reported higher revenue and a second consecutive quarter of net profit during Q1 2026 as the company improves profitability across its operations. Revenue for the three months ending 31 March reached $1.65 billion, representing a 16.8% increase year-on-year. Adjusted EBITDA also rose 63.7% to $167.9 million. The company achieved this growth despite a 4.2% […]

Genius Sports raised its full-year 2026 guidance after reporting a 30.5% increase in revenue during Q1. For the three months before 31 March, revenue reached $188 million compared to $144 million from last year. Adjusted EBITDA also increased 21.3%  year-on-year to $41.7 million. The company said growth was driven by expansion across its betting technology […]

Light & Wonder reported higher revenue and stronger adjusted free cash flow during Q1 2026. However, net income declined because of legal reserve contingencies and settlements. Revenue for the quarter ending 31 March increased 2% year-on-year to $790 million from $774 million. However, net income fell 37% to $52 million, or $0.66 per diluted share, […]

Key Points With €7.0 million net profit in Q1 2026, Codere Online ended its loss streak and achieved an all-time high of €64.4 million net gambling income after previously losing €0.7 million. Spain and Mexico led the increase in revenue, players, and engagement, especially in Mexico in preparation for the 2026 FIFA World Cup. It […]

Key Points Flutter reported $4.3 billion in first-quarter revenues, which represented a year-over-year increase of 14%, with Brazil becoming the country from which they witnessed a 722% rise in revenues owing to acquisition and integration. The American business, comprising FanDuel, recorded slower revenues and margins. Sportsbook revenue was practically stagnant, whereas iGaming witnessed further growth. […]

Betr Entertainment reported stronger sales and profit performance in the Q3 of its 2026 financial year. The management attributed this to improved customer quality, lower marketing costs and a tighter focus on the Australian market. Quarterly sales rose 2% year-on-year to A$383m, while gross win reached A$38.2m. Cash reserves stood at A$28.7m as of 31 […]

Key Points Kjerulf Ainsworth raised his stake in Ainsworth Game Technology to 8.35% after a proportional takeover offer closed on 27 April, which lifts his role as a minority shareholder. Even with this rise, Novomatic AG keeps control with 67.39% after its attempt to reach 75% failed in February 2026. The increase forms part of […]

Robinhood has released its financials for Q1 2026, which ended on 31 March. Following 2025’s record revenue, the company has maintained its upward trajectory. Revenue rose 15% year-on-year to $1.07 billion, while net income increased 3% to $346 million. The decline from 50% growth in Q1 2025 to 15% in this year’s first quarter reflects […]

Key Points Raketech Q1 2026 revenue dropped 36% year on year to €5.3m due to divestments, closure of low margin parts, and focus on higher value revenue streams. Even with a revenue drop, EBITDA increased 15% to about €1.2m, while margins improved through cost cuts and restructuring moves. The firm now pushes Nordic focus, platform […]