New BGC data: Illegal gambling stakes in UK reach £16.6bn
New research reveals the UK's illegal gambling market has tripled in six years, prompting renewed debate about the balance between consumer protection and regulatory pressure.
New research reveals the UK's illegal gambling market has tripled in six years, prompting renewed debate about the balance between consumer protection and regulatory pressure.
Strategic shift to self-operations drives efficiency despite lower gaming revenue.
Despite the fall in net revenue year-over-year, Full House Resorts witnessed 14.7% adjusted EBITDA growth to nearly $13.2m, while the operator’s net loss improved by 16.5% to $8.2m.
The operator also managed to increase adjusted EBITDAR by 5.5% to $562.4m, including 4.1% year-over-year growth from Las Vegas operations' EBITDAR for a total of $232.5m.
The operator’s Q1 2026 net income represents an increase from the $33.9m loss reported for the prior year period, while DraftKings’ adjusted EBITDA rose 63.6% to nearly $167.9m.
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.
Melco’s City of Dreams Mediterranean generated the largest share of earnings, accounting for 86% of total GGR in 2025.
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.