Flutter Entertainment has revised its full-year 2026 outlook downward after posting a $1.15 billion net loss in the third quarter, citing adverse sports results and regulatory restrictions in Brazil. The company trimmed its annual revenue midpoint to $17.61 billion and adjusted EBITDA forecast to $2.49 billion. To offset the downturn, the operator plans to execute $500 million in cost-saving measures.
Raketech has identified Sweden, Denmark, and Italy as primary target markets for future investment while maintaining strict budget controls under its ongoing cost-reduction programme. The Malta-based affiliate network is refocusing its capital deployment following several consecutive quarters of declining revenues.
Super Group, the parent company of Betway and Spin, is exploring growth opportunities driven by market consolidation in the UK. Simultaneously, the operator continues to expand its footprint across key African markets.
Superbet has unveiled plans to invest €500m in Greece over the next six years. The operator intends to allocate the capital toward technology, workforce training, and sports sponsorships to establish itself as the country's leading gaming brand.
Kambi Group reported a tripling of its operating profit to €5.1m ($5.76m) for Q3, alongside a 23% year-over-year increase in revenue to €46m ($51.98m). The sports betting supplier's adjusted EBITA also jumped 161% to €7.9m, lifting its adjusted margin to 17.3%.
Light & Wonder reported Q3 2026 revenue of $824m, marking a 2% year-on-year decrease, while net income increased 17% to $133m. The group's Gaming division generated $554m, down 1% as declines in systems and table-products revenue were partially offset by other verticals. Despite the revenue dip, the company expanded its premium installed base for the 25th consecutive quarter.
CIRSA reported a 12% increase in Q3 revenue alongside an expanding footprint in its casino division. Operating profit rose 6.8% for the period, marking the company's 73rd consecutive quarter of growth, or up 11.1% to €203m when adjusted for costs tied to its proposed merger with Lottomatica. Across the first nine months of 2026, the Spain-based gaming group saw total revenue advance 10%.
Gaming and Leisure Properties (GLPI) is advancing its US casino real estate portfolio, with development spending projected to reach $800m in 2026. The real estate investment trust highlighted that several major capital investments contributed to its latest third-quarter financial results. The company continues to deploy capital across its land and building assets leased to third-party gaming operators.
Cirsa is targeting the upper end of its 2026 financial guidance as its proposed merger with Lottomatica progresses. In its Q3 earnings update, the company highlighted sports betting and online gaming as its fastest-growing business segment.
MGM Resorts International posted steady consolidated revenue for Q3 2026, driven by record performance in Macau and improved profitability from BetMGM. These gains helped counterbalance softer results on the Las Vegas Strip, where resort revenue fell 2% year-on-year to $1.95bn. The operator also noted continued revenue strength across its US regional casino portfolio.
Flutter reported a 12% revenue increase in its UK and Ireland online casino division for the third quarter, but International EBITDA dropped 14% after remote gaming duty nearly doubled to 40%. In response to the headwinds, the operator lowered its guidance, paused share buybacks, and shifted its focus to debt reduction under a new chief executive.
Super Group has lowered its full-year 2026 revenue forecast to between $2.52 billion and $2.57 billion, down from its previous projection of more than $2.6 billion, following slower growth in the third quarter. While the operator reported increased casino revenue and ongoing expansion across Africa, the gains were tempered by softer sports betting performance.
France’s Autorité de la concurrence has granted unconditional clearance for Banijay Gaming to acquire exclusive control of JOA Group. The transaction incorporates JOA’s network of 33 domestic land-based casinos and hospitality venues under the ownership of the Betclic parent company. Regulators noted the approval establishes a unified gaming group with significant cross-channel operations across both online gambling and retail sectors.
The Dutch gambling market has contracted following steep declines in online verticals, according to data from the Dutch Gaming Authority. In 2025, online casino revenue decreased by 18.2%, while online sports betting revenue experienced a 30.2% drop. Conversely, player engagement expanded in the first half of 2026, with an overall increase in active online gambling accounts.
CIRSA has reported a 12% increase in net operating revenue to €627.6 million for the third quarter of 2026. The operator's top-line performance was driven primarily by sustained growth across its online operations.
Flutter has lowered its full-year 2026 guidance after a 25% decline in adjusted EBITDA during the third quarter. The earnings drop was driven by adverse sports results alongside the financial impact of the operator's exit from the Brazilian market, despite modest quarterly revenue growth.
Grupo CIRSA highlighted the ongoing stability and profitability of its Spanish operations ahead of a 30 November shareholder vote on its proposed merger with Lottomatica SPA. In its Q3 trading update, the operator reported record year-to-date profits of €128m, reflecting a 37% surge in underlying pre-tax profit.
Red Rock Resorts has expanded the investment budget for its Durango Casino & Resort development from $385 million to $430 million, while maintaining an expected 20% return on investment. The revised capital expenditure was announced alongside third-quarter financial results, which delivered record net revenue across the operator's Las Vegas operations.
Flutter Entertainment reported a third-quarter net loss exceeding $1bn, prompting the operator to lower its full-year guidance. Despite the bottom-line headwinds, group revenue rose 2% year-on-year to $3.87bn during the first trading period under new Chief Executive Officer Dan Taylor.
Sands China has listed $1bn in senior unsecured notes on the Hong Kong Stock Exchange as part of an ongoing debt refinancing programme. The placement consists of $700m in notes due 2032 with a 6.4% coupon and $300m in notes priced at 6.7%.
Boyd Gaming and Sonesta International Hotels have entered into an exclusive strategic affiliation to broaden the distribution of Boyd’s casino resort portfolio. The collaboration introduces Boyd properties directly to Sonesta's customer base while exploring joint loyalty and commercial opportunities.
Lottomatica generated €1.72bn in revenue for the nine months ended 30 September, marking a 5% year-on-year increase. Growth was primarily driven by a 13% rise in online revenue to €780.8m, which offset a 1% decline in the Sports Franchise division.
Red Rock Resorts grew third-quarter revenue by 2.8% to $488.7m, but swung to a net loss of $17.7m from a $76.9m profit a year earlier. The quarterly loss was primarily driven by $79.1m in share-based compensation expenses tied to employee stock awards issued for the company's 50th anniversary.
Sportradar reported a 24% year-over-year increase in third-quarter revenue to €363m, driven by core betting technology and US market gains. Revenue from Betting Technology & Solutions rose 27% to €297m, benefiting from the integration of IMG ARENA and rising demand from prediction market operators.
Kambi Group reported a 23% increase in third-quarter revenue to €46m, up from €37.4m in the prior-year period. The sportsbook technology supplier also posted substantial profitability gains, with adjusted EBITA rising 161% to €7.9m and margins reaching 17.3%.