Strong Growth in Interactive Segment
The Interactive business showed significant growth with revenue increasing 49% and adjusted EBITDA increasing 79% over Q1 2024. Margins expanded from 54% to 64% in 2025.
Successful Debt Refinancing
The company successfully negotiated the refinancing of its existing bonds with a new 5-year sterling-denominated floating rate financing, providing greater flexibility and expected rate reductions.
Expansion in North America
The U.S. business grew by 90% against a market growth of about 20%, highlighting strong content and account management quality.
New Product Launches in Virtual Sports
Key initiatives in Virtual Sports, including licensed content launches in North America, a new Brazil-specific soccer game, and expansion in Greece and Turkey, are expected to drive growth.
Promising Hybrid Dealer Product
The Hybrid Dealer product, including branded wheel games and new derivatives, is scaling rapidly with major operators like BetMGM and Caesars.