SJM reports Q1 revenue of HK$5.90bn as EBITDA margin improves to 15.5%
Strategic shift to self-operations drives efficiency despite lower gaming revenue.
1 min read • May 8 • By
Keih Ma
Euro Games Technology
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Euro Games Technology
ONLYPLAY
OMNIPLAY
Galaxsys
SPAYZ.io
JDB Gaming
Vegangster
Z-Gaming
Bally’s Intralot
N1 Partners
GammaSweep
DATA.BET
bet365 Partners
GR8_TECH
AMATIC Online
GammaPlus
GammaStack
Makeberry Affiliates
DYG
ReferOn
Imagine Live
Global Gaming Awards
Logifuture
SmartSoft
Titans
1spin4win
BetConstruct
Linebet
Strategic shift to self-operations drives efficiency despite lower gaming revenue.
Despite the fall in net revenue year-over-year, Full House Resorts witnessed 14.7% adjusted EBITDA growth to nearly $13.2m, while the operator’s net loss improved by 16.5% to $8.2m.
The operator also managed to increase adjusted EBITDAR by 5.5% to $562.4m, including 4.1% year-over-year growth from Las Vegas operations' EBITDAR for a total of $232.5m.
The operator’s Q1 2026 net income represents an increase from the $33.9m loss reported for the prior year period, while DraftKings’ adjusted EBITDA rose 63.6% to nearly $167.9m.
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Authorities allege the criminal group ran a false invoicing scheme generating illicit tax advantages and circulating cash through a parallel financial system.
A Senate sports committee approved a bill directing part of betting tax revenue to Brazil’s military sports system, including Olympic and social inclusion programs.
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