Catena Media said its previously expected organic double-digit revenue growth is now unlikely after a weak third quarter. Chief executive Manuel Stan attributed the results to changes in search and lower operator marketing budgets; the company said it was diversifying revenue, including through TraffiqX and prediction markets.
The revised outlook signals weaker expected revenue growth for investors and affiliate partners.
Quarter ended 30 June 2026
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OpenBet is promoting its president to replace chief executive Jordan Levin. The outlet also reported CEO changes at SciPlay, part of Light & Wonder.
It was reported that FDJ United revised its outlook after lower first-half earnings and gross gaming revenue. The French operator’s lottery business recorded reduced traffic, with taxes and heatwaves affecting results.
Fitch Ratings revised Light & Wonder’s outlook to positive, citing an expected improvement in its leverage profile. The rating agency said leverage could decline to approximately 2.9 times by the end of 2027, driven by voluntary debt repayment and EBITDA growth.
Fitch Ratings praised Light & Wonder's "strengthening" EBITDA leverage profile, with leverage "expected to decline to approximately 2.9 times by the end of 2027," the agency said in a note on Monday. The agency attributed the expected improvement to voluntary debt repayment.
More than 1,300 workers at Encore Boston Harbor ratified a five-and-a-half-year collective bargaining agreement on 6 November, according to the Teamsters. The unions said the deal includes wage increases, improved benefits and working conditions; the 62-day strike coincided with a reported 22% year-on-year fall in the casino’s September gaming revenue to $46.06 million.
Inspired Entertainment reported a 4% year-on-year rise in like-for-like UK revenue for the three months ended 30 September, despite the increase in Remote Gaming Duty from 21% to 40% in April. Total quarterly revenue fell 29% to $61.4 million, which the company attributed mainly to the sale of its UK Holiday Parks division and restructuring of its UK Pubs business.