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Breakdown: Inside Soft2Bet's first public Q3 report

CEO Uri Poliavich has highlighted a positive quarter for the company, with Q3 revenue up 88% year-on-year.

3 min read
 Soft2Bet’s first public Q3 report
Key Points
Soft2Bet has unveiled its Q3 2025 financial results
It was upswings across the board for the company, with Q3 revenues rising 88%
EBITDA also advanced 96% year-on-year, with player activity increasing sharply in Canada
The company has now confirmed its expectations for a 25% revenue and EBITDA rise in Q4 compared to Q3 2025

As part of its first-ever public financial presentation, Soft2Bet has revealed positive financial results for the third quarter of 2025, citing upswings across the board.

Indeed, CEO Uri Poliavich greeted attendees by underlining the company's progress this year-to-date, highlighting key Q3 figures from across the company's operations. During the course of the quarter, Soft2Bet experienced a revenue upswing of 88% in comparison to results from the year prior, a figure that was complemented by a further 96% upswing in EBITDA year-on-year.

Soft2Bet revenue by sector

Breaking down these latest figures in more detail, Poliavich underlines that overall game GGR has risen by 20% in comparison to results from the last quarter, also up by a notable 129% compared to Q3 2024. Similarly, the organisation experienced a quarter-on-quarter jump of 32% in its live casino segment, dwarfed by a rise of 167% in live casino revenues year-on-year.

Regarding sportsbook, turnover 29% compared to Q2 2025, further advancing 187% from the third quarter of last year - with revenues from the company sector jumping 174% in comparison to results from Q3 2024.

Soft2Bet geographical highlights

Elsewhere, Soft2Bet chose to highlight activity advances from a number of jurisdictions as part of its presentation, with Canadian activity representing the sharpest incline of 35% year-on-year, and Romania representing the lowest at 2%.

Also specified were activity figures from Greece and Denmark - two key jurisdictions for the company this year - which experienced 29% and 4% growth for Soft2Bet, respectively.

Company Q3 developments

Over the course of the quarter, Soft2Bet launched a number of new subsidiary initiatives, including sponsoring major footballing leagues in Denmark via its CampoBet brand - alongside brokering a new deal which saw its Don.ro subsidiary become the main sponsor of CFR Cluj in Romania.

In the Scandinavian market, the organisation also launched its Swiper brand in Sweden during Q3 - later debuting the brand in the Romanian landscape last month, followed by the launch of its TopBet sportsbook in the market.

Future outlook

As part of these latest results, Soft2Bet has underlined its Q4 2025 financial expectations, with advancements GGR advancements of 18% in the company's casino segment highlighted alongside an expected sportsbook GGR rise of 30% from this quarter. Overall, Poliavich stated that Soft2Bet expects more broad rises of 25% for both EBITDA and revenues quarter-on-quarter.

Good to know

In April 2025, Global Gaming Insider exclusively broke the news of Soft2Bet's ToonieBet subsidiary signing an exclusive deal to become the official online casino partner of the Ottawa Senators

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