OGQ-Magazine (Online Gambling Quarterly)

Out now - New Fall 2026 edition of the OGQ Magazine. LatAm and US focus. Access the new edition here: OGQMagazine.com Some key insights of the Fall 2026 edition 🌡️ Current Business Climate: 39% of the experts consider the current climate as "good". 💹 Revenue Growth YoY: In Q2/2026, Gaming Corps led revenue growth (YoY) with an increase of +106%; the avg. YoY growth for all companies analysed in the quarter was +12%. 🔼 Revenue Growth QoQ: On average, revenues changed in Q2/2026 (compared to the previous quarter - QoQ) by +4%. Gaming Corps (+40%) and FlutterAsia Pacific (+31%) are leading the QoQ ranking.

BetMakers reports higher revenue and earnings in Q1 FY27. Data and info: ogqnews.com/betmakers-revenu… • Revenue rose 16.3% to AUD 24.7m, while adjusted EBITDA increased 176% to AUD 5.9m and the adjusted EBITDA margin reached 23.8%.

Kalshi reaches a USD 40bn valuation. Data and info: ogqnews.com/kalshi-raises-us… • Kalshi raised USD 1bn in its Series G, lifting its valuation by 82% from USD 22bn five months earlier.

Mobile casino app leaders across the Americas • Afun leads Mexico with an average download rank of 1.2, ahead of Playdoit at 2.7 and Caliente Casino at 2.9. In Peru, Stake ranks first with an average position of 1. • Betty Casino leads Canada with an average daily download rank of 2. FanDuel and Stake Casino follow, both averaging position 3. Data and info: ogqnews.com/top-ranked-mobil…

Betting app leaders across key LatAm markets • Caliente ranked first in Mexico with an average daily download rank of 3, followed by Playdoit at 4. Codere and Novibet shared third place at 11. • Betano led Peru with an average rank of 1, while in Colombia, BetPlay, Betano and 1xBet shared the top position with an average rank of 2. Data and info: ogqnews.com/top-ranked-mobil…

Marketing margins of online gambling operators • The average marketing margin was 17%, the same as the median. Zeal recorded the highest margin at 33%, followed by High Roller at 19% and Super Group at 18%. • Angler Gaming had the lowest margin at 2%, while Rush Street Interactive reached 13%. Spain’s overall market stood at 15%. Data and info: ogqnews.com/quarterly-market…

Churchill Downs reports higher revenue and earnings in Q3. Data and info: ogqnews.com/churchill-downs-… • Group revenue increased 1.9% to USD 696m, while adjusted EBITDA rose 0.8% to USD 264m. Net income reached USD 80m, up from USD 38m.

Finland grants its first 18 gambling licences for 2027. Data and info: ogqnews.com/finland-grants-f… • The National Police Board has approved 18 licences, while another 63 applications remain under review. Processing is expected to take six to eight months.

BETBY sportsbook GGR increased 33.4% in Q3 2026. Data and info: ogqnews.com/betby-sportsbook… • Sportsbook GGR rose 33.4% year on year, with bets up 31.9% and active players increasing 82.7%.

Online gambling marketing costs increased overall in Q2 2026. • Marketing costs increased by an average of 17% year on year, while median growth reached 10%. Bet at home recorded the strongest increase at 75%, followed by Zeal at 63%. • Spending trends varied considerably. High Roller cut marketing costs by 43%, Angler Gaming by 15% and Super Group by 2%. Data and info: ogqnews.com/quarterly-market…

Rush Street Interactive delivered strong Q3 2026 growth. Data and info: ogqnews.com/rush-street-inte… • Revenue increased 39% to USD 385.9 million, while adjusted EBITDA rose 73% to USD 62.2 million and net income grew 93% to USD 28.7 million.

MGM Resorts reported lower revenue and earnings in Q3. Data and info: ogqnews.com/mgm-resorts-reve… • Group revenue fell 1% to USD 4.21bn, while casino revenue rose 0.5% to USD 2.30bn. Combined retail casino revenue reached about USD 2.10bn, with retail sports betting included where applicable.

Paf is preparing for Finland’s regulated gambling market opening. Data and info: ogqnews.com/paf-joins-finnis… • Paf will join Rahapeliala ry, the Finnish Gaming Association, strengthening industry cooperation ahead of the July 2027 market opening. Veikkaus joined the association in September 2026.

GiG reports lower Q3 revenue while maintaining guidance. Data and info: ogqnews.com/gig-revenue-fall… • Revenue fell 12% to EUR 8.5 million, while adjusted EBITDA declined 33% to EUR 0.8 million. GiG kept its 2026 guidance unchanged and expects revenue of EUR 85 to 90 million in 2027.

MGM sets new ownership rules following takeover proposal withdrawal. Data and info: ogqnews.com/mgm-voting-agree… • People Incorporated, Barry Diller and associated parties cannot increase their combined MGM Resorts stake above 29.9%. People remains the largest shareholder with 26.5%, ahead of Davis Selected Advisers at 9.3% and Vanguard Capital Management at 5.4%.

Entain expects higher UK gambling taxes to raise costs. Data and info: ogqnews.com/entain-expects-g… • Entain expects GBP 25 million, around EUR 29 million, in additional annual costs after Machine Gaming Duty rises from 20% to 25% on 1 April 2027. The impact mainly affects Ladbrokes and Coral betting shops.

Caesars Digital delivered stronger revenue and profitability in Q3. Data and info: ogqnews.com/caesars-digital-… • Caesars Digital revenue rose 4.8% to USD 326 million, while adjusted EBITDA increased 57% to USD 44 million. Net income reached USD 4 million, compared with a USD 21 million loss a year earlier.

NBA expands prediction market partnerships and integrity rules. Data and info: ogqnews.com/nba-names-kalshi… • Kalshi and Polymarket are now preferred NBA prediction market exchanges, with access to NBA branding, official Sportradar game data and US marketing rights. DraftKings also becomes an authorised prediction market operator.

Alberta’s regulated iGaming market continues to expand. Data and info: ogqnews.com/alberta-igaming-… • NAGGR (Non-adjusted Gross Gaming Revenue) reached CAD 56.6m in September 2026, with casino games accounting for 75.6% of regulated revenue.