AMATIC Online
Bally’s Intralot
Linebet
Makeberry Affiliates
Vegangster
ReferOn
bet365 Partners
GammaStack
OMNIPLAY
BetConstruct
GammaSweep
DATA.BET
JDB Gaming
Euro Games Technology
Logifuture
Galaxsys
SmartSoft
DYG
ONLYPLAY
GammaPlus
Global Gaming Awards
N1 Partners
SPAYZ.io
1spin4win
Imagine Live
Z-Gaming
GR8_TECH
AMATIC Online
Bally’s Intralot
Linebet
Makeberry Affiliates
Vegangster
ReferOn
bet365 Partners
GammaStack
OMNIPLAY
BetConstruct
GammaSweep
DATA.BET
JDB Gaming
Euro Games Technology
Logifuture
Galaxsys
SmartSoft
DYG
ONLYPLAY
GammaPlus
Global Gaming Awards
N1 Partners
SPAYZ.io
1spin4win
Imagine Live
Z-Gaming
GR8_TECH
Codere Online reported record quarterly net gaming revenue of €64.4m in Q1 2026, up 13% year-over-year, while adjusted EBITDA more than tripled to €6.0m.
The operator expects 2026 adjusted EBITDA to reach the top end of guidance after online bets rose 15% year-on-year.
Operating income rebounds sequentially, while early Q2 gaming activity strengthens.
The supplier’s consolidated AEBITDA for Q1 2026 increased 5% to $327m, mainly driven by gaming AEBITDA which accounted for $271m and rose 7% from the prior year period.
The operator’s adjusted EBITDA managed to rise 2% for a total of $631m, while FanDuel revenue increased 6% to nearly $1.8bn, despite handle falling 9% to $13.4bn.
The German online lottery operator increased monthly active users and registrations, while EBITDA fell as marketing and personnel costs rose.
E-wallet delinking and softer consumer sentiment weigh on earnings, though balance sheet remains strong.
The operator also generated a quarterly record for adjusted EBITDA, which increased 8.6% to nearly $53.8m, as well as 0.3% net income growth for a total of $14.7m.
Kangwon Land reported modest revenue growth in Q1 2026, supported by gaming performance, but profitability declined due to higher costs and reduced financial gains.
Adjusted EBITDA improved slightly from €1.1m in Q4 2025 to €1.2m ($1.4m).
