iGaming Analysis & Insights

Nationwide Building Society has recorded a 9% year-on-year increase in the total value of customers’ gambling expenditure during January. The number of gambling-related transactions increased by 7% over the same period, according to data released by the lender. Survey findings based on responses from 2,000 UK gamblers showed that the top 10% of spenders wagered […]

Cirsa marked its “70th consecutive quarter of improved results” in Q4 2025 while delivering its first full reporting cycle as a publicly listed operator. Operating revenues reached €623.6m for the quarter, rising 6.4% year-on-year across gaming and hospitality channels. Operating profit increased 3.5% to €198m, supported by improved operational efficiency. Full-year operating revenues climbed to […]

Codere Online reported record net gaming revenue of €224.1m for 2025 and an adjusted EBITDA of €13.8m. The result reflects stronger performance in Mexico, which brings optimism ahead of the World Cup 2026.  Fourth quarter net gaming revenue reached €60.7m, representing a 15% increase year-over-year and the highest quarterly figure in the company’s history. Growth […]

Key Points In Q4 2025, Flutter’s net revenue skyrocketed by 25% to $4.7 billion, thanks largely to the US sports betting market doing gangbusters along with FanDuel’s performance. Internationally, revenue sees a 19% hike in Q4 with southern Europe, Africa and Brazil really making some headway. Even though Flutter’s net revenue saw a 17% growth […]

Key Points Czech gambling turnover reached a record CZK 1.07tn after 8.8% year on year growth. Online gambling accounted for nearly 60% of total GGR, confirming a strong digital shift. Gambling tax revenue rose to CZK 22.8bn, supported by stable market expansion. Turnover in the Czech gambling market smashed through the one trillion crown barrier, […]

Genting Singapore has recorded FY2025 revenue of $2.45bn and adjusted EBITDA of $815.8m, reflecting a year shaped by redevelopment works at Resorts World Sentosa. The group said revenue declined 3% year on year due to a lower gaming win rate across its casino operations. Non gaming income strengthened in the second half as refreshed attractions […]

Light & Wonder reported a net loss of $15m for Q4 2025, driven primarily by legal settlement charges tied to a January 2026 resolution with Aristocrat Gaming.  This was due to claims that Light & Wonder’s Dragon Train and Jewel of the Dragon titles were developed using confidential trade secrets and copyrighted materials. Aristocrat alleged […]

Super Group reported record monthly active customers, wagers and deposits during the Q4 2025. The company completed its US market exit during the year and cited “unfavorable sports outcomes” late in Q4 as a headwind. Net revenue for the quarter rose 8% to $578.3m, while adjusted EBITDA increased 10.4% to $139m. Conversely,  profit before taxes […]

Key Points Revenue grew from $400 million in 2024 to $1.2 billion in 2025. Gurhan Kiziloz spent $200 million from internal profits alone. Nexus International runs with 100% ownership and zero external financing. Spartans.com brought Nexus International to $1.2 billion in annual revenue during 2025. The platform created the main income that lifted the company […]

Gaming and Leisure Properties has announced record net revenue for both Q4 and full-year 2025. The figures for Q4 increased 4.5% to $407m, while net revenue rose 4.1% to nearly $1.6bn for the full year. Chairman and CEO Peter Carlino said the results were achieved “despite the difficult transaction and financing period in 2025,” and […]