Super Group, which owns Betway and Spin, recorded strong growth in Q2 2026, as the company generated $684 million in quarterly revenue, an 18% increase compared to 2025’s...
During its earnings call on August 5, 2026, Flutter Entertainment shared that it generated $4.33 billion in quarterly revenue, representing a 3% year-on-year increase; however, the firm suffered losses in adjusted EBITDA, which dropped by 45% to $508 million.
Additionally, the company saw a net loss of $296 million for Q2, mostly driven by the rise in UK gambling taxes, World Cup marketing costs, and weak U.S. sportsbook performance. As a result, gross profit also dropped by 13% to $1.7 billion, as opposed to 2025’s $1.9 billion.
Regionally, U.S. revenue comprised $1.6 billion, representing a 6% decrease, with adjusted EBITDA dropping by a huge 70% to $119 million. Segment-wise, U.S. sportsbook revenue declined by 15% to $1 billion, while iGaming revenue in the region saw a 14% improvement, reaching $577 million.
Flutter CEO Peter Jackson commented:
“In the US, we’re delivering continued sequential improvement in key sportsbook metrics alongside sustained iGaming growth. Within International, we are executing at pace, and Flutter Edge-enabled product improvements are driving our momentum in the second half. I’m confident that the choices we’re making today will deliver sustainable, long-term value for our shareholders.”
During the earnings call, the company also shared that Peter Jackson was to step down from the Flutter CEO role on September 30, 2026, set to be replaced by Dan Taylor.
For the Flutter International segment, revenue rose by 10%, generating $2.64 billion, but adjusted EBITDA decreased by 19% to $476 million. The improvements in Q2 revenue were thanks to the acquisitions of Snai and Betnacional.
Based on the quarterly earnings, Flutter adjusted its full-year guidance, decreasing expected group revenue to $17.4 billion and group adjusted EBITDA to $2.3 billion.
