Monarch reports quarterly high $136.6m revenue for Q1, increases 8.9%
The operator also managed to set a new quarterly high for adjusted EBITDA during the first quarter of 2026, increasing the total 19% year-over-year to nearly $49m.
The operator also managed to set a new quarterly high for adjusted EBITDA during the first quarter of 2026, increasing the total 19% year-over-year to nearly $49m.
Online betting and gaming GGR during Q1 2026 decreased 1% to €342m (US$401m) for the operator, while revenue generated by the vertical fell 8% year-on-year to €213m.
Games of fortune continue to dominate as casino numbers remain stable.
The provider also formed new sponsorship agreements during Q1 2026, including in Canada with the Oshawa Firewolves and Rock League Curling, as well as renewed its collaboration with CFR Cluj in Romania.
Adjusted EBITDA reaches PHP830m in preliminary first-quarter results.
Adam Greenblatt underlined a “steady” start to 2026 despite the operator’s lowered full year revenue expectations.
The operator experienced rises across the board with iGaming leading the way and a significant retail drop-off.
Fall in B2B license income and higher regulated market exposure drove profit decline despite continued growth in Latin America.
Mass market growth offsets continued softness in VIP segments.
Operators expanded entertainment with concerts, events and cultural programming, helping sustain visitor demand.