Golden Matrix: Q3 revenue rises 15% to $47.3m
MeridianBet was the company's key revenue driver as it returned to net profitability.
3 min read • Oct 31 • By
Will Underwood
Galaxsys
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Galaxsys
DATA.BET
Vegangster
OMNIPLAY
Imagine Live
bet365 Partners
ReferOn
Titans
Linebet
Logifuture
SPAYZ.io
Global Gaming Awards
DYG
Euro Games Technology
Bally’s Intralot
GammaStack
1spin4win
N1 Partners
GammaSweep
Makeberry Affiliates
AMATIC Online
GR8_TECH
SmartSoft
JDB Gaming
Z-Gaming
BetConstruct
GammaPlus
ONLYPLAY
MeridianBet was the company's key revenue driver as it returned to net profitability.
The operator has denied reports of seizures or illegal activity, reaffirming its commitment to regulatory compliance and transparency.
Suspects accused of forging bank statements to secure junket credit lines.
The operator also generated an all-time quarterly high in adjusted EBITDA and AFFO, which grew 5.8% and 5.1% year-over-year, respectively, for Q3 2025 totals of $366.4m and $282m.
Financial terms of the transaction have not been released, but Snuneymuxw expects to become one of the largest casino operators by revenue in British Columbia as a result of the deal.
Belle Corporation has reported consolidated net income of PHP1.32bn for the nine months ended 30 September 2025, marking a 14% decrease compared to the PHP1.53bn recorded during the same period in 2024.
IBJR argues that a 15% tax would penalize licensed operators and push consumers toward unregulated betting.
The merger has now passed the necessary regulatory conditions, completing for an AU$55.4m transaction fee.
The operator's adjusted EBITDA for the third quarter of 2025 was reported to be $36m, representing an increase of 54%, while total revenue grew 20% from the prior year period.
The operator stated its net loss for Q3 2025 was attributed to a $256m charge for withdrawing its commercial gaming license application in New York, as well as $93m in non-cash write-offs.