Northstar Gaming posts improved Q3 gross margin of CA$2.4m
The Canadian operator has demonstrated 4% year-over-year growth for Q3, but also indicated the potential need for refinancing in 2026.
3 min read • Nov 28 • By
Rory Calland
OMNIPLAY
Z-Gaming
Logifuture
bet365 Partners
ONLYPLAY
DYG
Bally’s Intralot
BetConstruct
GammaPlus
Global Gaming Awards
SPAYZ.io
GR8_TECH
Linebet
GammaSweep
Titans
GammaStack
ReferOn
Imagine Live
Makeberry Affiliates
SmartSoft
N1 Partners
AMATIC Online
Euro Games Technology
JDB Gaming
Vegangster
Galaxsys
1spin4win
DATA.BET
OMNIPLAY
Z-Gaming
Logifuture
bet365 Partners
ONLYPLAY
DYG
Bally’s Intralot
BetConstruct
GammaPlus
Global Gaming Awards
SPAYZ.io
GR8_TECH
Linebet
GammaSweep
Titans
GammaStack
ReferOn
Imagine Live
Makeberry Affiliates
SmartSoft
N1 Partners
AMATIC Online
Euro Games Technology
JDB Gaming
Vegangster
Galaxsys
1spin4win
DATA.BET
The Canadian operator has demonstrated 4% year-over-year growth for Q3, but also indicated the potential need for refinancing in 2026.
Group posts sequential revenue growth despite foreign exchange pressures and mixed market performance.
The nation's Ministry of Finance has revealed rising remote revenue figures as part of its latest financial results.
CEO Uri Poliavich has highlighted a positive quarter for the company, with Q3 revenue up 88% year-on-year.
Q3 profit sat at €1m, compared to last year's €60.2m loss.
Total revenue for the quarter reached €47.7m, while the company reported a net loss of €1.7m for the first nine months of the year - an improvement on the €3m net loss reported in Q3 2024.
Figures for both the quarter and year-to-date were down across the board.
Gaming companies holding Swedish licences generated SEK 6.7bn in turnover during the Q3, representing a 0.5% increase compared to the same period in 2024.
Amusement equipment sales offset weaker integrated resort earnings at Okada Manila.
Revenue was up 2%, while net loss jumped from €200,000 ($233,000) to €2.3m.