iGaming Q2 2026 gave operators plenty to work with, but the results were not the open book the revenue figures typically suggest. With the World Cup as a growth accelerator...
Gentoo Media shared its Q2 2026 results on August 26, 2026, revealing that the affiliate suffered a 9% year-on-year decrease in revenue, generating €22.9 million, compared to €25 million in 2025.
EBITDA before special items came in at €8.9 million, which comprised a 5% rise, leading margins to rise from 34% to 39%. Gentoo also shared a €2.7 million profit, as opposed to 2025’s €0.5 million loss, while operating profit increased from €1.2 million to €5.8 million.
CEO of Gentoo Media, Jonas Warrer, stated:
“Returning the business to top-line growth is our clearest priority for the remainder of the year. The operational and organizational changes implemented over the past year have created a leaner business with a structurally stronger margin profile. We enter the second half with a larger and more active player base, a more scalable Paid channel and a Publishing organisation increasingly focused on its highest-potential brands.”
At the same time, the company recorded 101,900 first-time depositors, and the deposit value jumped by 6% year-on-year to €207 million. Gentoo added that revenue share contributed 60% to the total revenue, with CPA accounting for 12%, and listing fees in combination with other revenue accounting for 28% of the affiliate’s Q2 revenue.
Concluding the Q2 results, Gentoo Media revised its full-year guidance, reducing the range to €97 million-€100 million from the previous €100 million-€115 million target.
