The supplier cited increases to machine games duty in the UK’s 2027 Budget for the Q3 revenue decrease, described as a ‘major overhang’ by President and CEO Brooks Pierce.
Each of the operator’s respective sectors witnessed decreases in revenue year-over-year, including Wynn Resorts’ casino revenue which fell 10.6% to nearly $1.1bn.
Sportsbook handle increased 21.9% during Q3 to just over $13.9bn, helping lead to 31.5% growth in sports revenue to $783.6m, while iGaming accounted for $460.9m and rose 2.1%.
Following the results of the Midterm Elections and a recent denial witnessed by Kalshi in Nevada, prediction markets could be headed for a final stand-off for their regulatory freedom.
The investigation centers around 22 wagers placed in August – totaling $21,800 – after Simmons admitted to placing proxy wagers on FanDuel through a Massachusetts acquaintance.
The group surpassed its established guidance for both revenue and EBITDA.
Year-to-date revenue has also risen 6.02% to $5.48bn, with 2025 net loss nullified as the operator reports net income of $32.6m.
Online casino generated €119.6m, while gaming machine revenue and venue numbers declined.
Online gambling and betting revenue grew 19%, but marketing costs and favourable sports results held back divisional earnings.
The separate fixed-odds betting ban has taken platforms offline, leaving the new tax's future reach uncertain.