Gaming Innovation Group (GiG) has shared its Q1 earnings, showing a slight 2% year-on-year decline in revenue, which stood at €9 million, compared to 2025’s €9.1 million.
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DraftKings posts 17% YoY increase in Q1 revenue
DraftKings has concluded Q1 2026 with $1.65 billion in revenue, a 17% year-on-year rise connected to strong sportsbook revenue and customer acquisition.
The company also recorded a huge 599% increase in adjusted EBITDA, which reached $167.9 million compared to 2025’s $24 million. Net income for DraftKings also saw a notable jump, as 2025’s $33.8 million loss turned to $21.1 million for the quarter.
On the other hand, as a result of the exit from its Texas lottery operations, monthly unique payers (MUPs) dropped by 4% to 4.2 million, but average revenue per payer rose by 21%, thanks to better sportsbook and net revenue margins, standing at $131.
DraftKings CEO Jason Robins shared:
“We are off to a fantastic start to the year, as our first-quarter results exceeded our expectations. Our core business is strong, and profitability is inflecting. That gives us the firepower to press our advantage in Predictions. With our Super App, market-making capabilities, proprietary exchange, and combos coming together, we intend to establish a leadership position in Sports Predictions before year-end.”
DraftKings CFO Alan Ellingson added:
“The business continues to scale efficiently as we grow revenue, expand profitability, and invest in high-return opportunities.”
DraftKings aims to generate $6.5-$6.9 billion in FY2026 revenue, with adjusted EBITDA expected to be between $700-$900 million.
Better Collective shared its earnings for the three months ending March 31, 2026, revealing that revenue for Q1 climbed by 5% year-on-year and reached €86.3 million.
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