Banijay Gaming has reported revenue of €345.3m (£304.1m) for the third quarter of 2025, representing a 0.8% increase year on year (YoY).
Sportsbook revenue for the quarter from the company’s Betclic brand fell 5.6% YoY to €247.4m, which the company partially attributed to “adverse sports results” in September.
This was offset by an increase in casino revenue, with the vertical climbing 16.5% YoY to €64m.
The company’s poker offering performed solidly during Q3, with the €27.5m of revenue generated a 38.4% increase compared to the corresponding period in 2024.
Revenue from the group’s horseracing betting product also saw gains in Q3, rising 16.8% to €6.4m.
Banijay Gaming’s Betclic sportsbook is available in markets including France, Portugal, the Ivory Coast and Poland.
The casino offering is available in the Ivory Coast and Portugal, while its poker product is exclusive to France.
When looking at the first nine months of the year, revenue amounted to €1.1bn, up 8.7% YoY.
Adjusted EBITDA for the same period rose 9.3% YoY to €597.1m, with an adjusted EBITDA margin of 18.5%.
After the conclusion of Q3, Banijay Group announced the acquisition of Germany and Austria-facing operator Tipico, in a deal worth up to €3bn.
The agreement will merge the Betclic and Tipico brands, with Banijay Group holding an initial 65% stake in the combined entity.
The transaction is expected to be finalised midway through 2026.
Banijay Group CEO François Riahi praised the company’s efforts despite the customer-friendly results and tough calendar comparisons.
He said: “In gaming, our commercial development remained very dynamic, despite adverse sports results in September 2025 and a high comparison base following last year’s major international sporting events calendar – 2026 will be a football World Cup year next summer.
“We recently also announced a major milestone for both Banijay Group and Banijay Gaming with the acquisition of Tipico Group, making us the leader of sport betting in continental Europe.
“In line with the strategy presented at our Capital Markets Day in May, this transaction further reinforces our role as a natural consolidator in the entertainment industry.”
Speaking on Banijay Group’s Q3 analyst call, Riahi confirmed the company has no plans to divest other parts of its business and will instead focus solely on gaming.
Banijay Group’s business is split into gaming and entertainment, with the latter vertical encompassing production, distribution, content and live experiences.
The CEO said: “On the Tipico acquisition, it’s a major event for us. We stick to our strategy that we presented during our Capital Markets Day, which is that we have very positive consolidation opportunities on all our activities.
“We are demonstrating that on the gaming side, but we believe that we can also have very good opportunities on the content side. Our position on the content side is very good, so we won’t sell the business.”
Looking forward to next year, Riahi suggested that the World Cup is expected to be a “major revenue booster” to the company’s gaming arm, despite the number of fixtures being played on different time zones.
The tournament will take place the US, meaning some fixtures will be played after midnight for European viewers, but others in the evening.
“Next year the World Cup will be a very important element, both for Betclic and Tipico,” Riahi continued.
“We will benefit from it on our acquisition. We believe the time zone is a good one, and the time when the games are played should be good for Europe. We see it as a major revenue booster as usual. The fact that it is in the US is not an issue for us.”
The post Banijay Gaming revenue reaches €345m for Q3 as Tipico acquisition looms first appeared on EGR Intel.
Strong poker and casino performances keep revenue consistent year on year “despite adverse sports results” in September
The post Banijay Gaming revenue reaches €345m for Q3 as Tipico acquisition looms first appeared on EGR Intel.