Significant Revenue Growth
Group revenue increased by 38% year-on-year, marking the strongest quarter of revenue growth since Q1 2022.
Media Segment Expansion
Media segment revenue increased nearly 90% year-on-year to $42 million, marking a new quarterly record.
Betting Revenue Increase
Betting revenue grew by 28% year-on-year, driven by growth with existing customers and new exclusive rights to European Leagues and Serie A.
BetVision Growth
The number of sportsbook customers utilizing BetVision grew from 6 to over 100 in one year, with in-play betting representing 74% of total handle through the platform.
Positive In-Play Betting Trends
In-play represented 30% of total NFL handle, with a 35% increase in unique devices streaming NFL on BetVision.
Raised Financial Guidance
Group revenue guidance raised from $645 million to $655 million, and group adjusted EBITDA guidance increased to $136 million for the full year.