Galaxy reports HK$49.2bn in full-year revenue, Q4 EBITDA up 33%
Adjusted EBITDA rose to HK$14.5bn (US$1.85bn) for the year as the operator expanded its entertainment portfolio.
1 min read • Feb 26 • By
Keih Ma
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Bally’s Intralot
Imagine Live
Z-Gaming
Global Gaming Awards
JDB Gaming
OMNIPLAY
GammaStack
Galaxsys
DYG
bet365 Partners
Logifuture
SmartSoft
N1 Partners
AMATIC Online
GammaPlus
Kanggiten
GammaSweep
1spin4win
GR8_TECH
BetConstruct
ReferOn
Adjusted EBITDA rose to HK$14.5bn (US$1.85bn) for the year as the operator expanded its entertainment portfolio.
Despite also reporting a 7% increase in FY2025 revenue to just over $2.9bn, Churchill Downs also witnessed a net income decrease during the full-year period, falling 10.3% to $383m.
The company’s net income for the fourth quarter of 2025 fell 1.6% to $604.8m, however, while adjusted funds from operations (AFFO) totaled $642.5m during the period and increased 6.8%.
This approach supports the creation of a holding company structure, separating the investment and corporate functions from the day-to-day operations of the gambling business.
Online gambling was a significant contributor to market growth, with online casinos recording double-digit year-on-year increases.
These latest results have seen revenue rise by 1% year-on-year, paired with an EBITDA rise of 14.3%.
The Group maintained stable dividends and strengthened its leadership bench.
The supplier’s Q4 2025 net revenue increased 12% to $891m, while net income during FY2025 fell 18% to $276m, primarily driven by Light & Wonder’s $128m legal matter settlement charge.
The main contributor to the total turnover were slot machines, generating €2bn ($2.36bn).
The lottery operator has announced its latest financial figures for the full year and Q4 2025 period.