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).
City of Dreams was Melco’s primary revenue driver over the first quarter, with rises recorded across the board.
Federal revenue from betting more than doubles year-on-year following implementation of sector regulation.
The real estate investment trust also unveiled an expansion to its strategic relationship with Cain and Eldridge Industries, providing a $1.5bn mezzanine loan for construction financing.