Sega Sammy Holdings reported gaming-segment sales of JPY8.5 billion for the six months ended 30 September 2025, up 372% year on year. Group net sales fell 5% to JPY201.1 billion, while the company said delays to new machine releases, acquisition-related losses and slower video-game sales weighed on results.
Suppliers and investors can weigh gaming growth against group declines and delays to new machine releases.
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Sega Sammy said it aims to develop a business serving physical and online casino operators, combining its existing operations with acquired businesses Stakelogic and GAN. President and group chief executive Haruki Satomi said the group plans to establish gaming as a third core business pillar. Its medium-term plan targets more than JPY230 billion in cumulative adjusted EBITDA from fiscal 2025 through fiscal 2027.
Sega Sammy Holdings is approaching the final regulatory approvals for its planned acquisition of GAN, according to the report. The deal is expected to close around 27 May, subject to outstanding gaming authority clearances and other closing conditions; GAN shares would convert to $1.97 in cash each if it completes.
Paradise Co reported casino revenue of KRW477.6 billion for 1H26, up 5.1% year on year. June casino revenue fell 21.2% year on year to KRW63.2 billion, while the company said its subsidiary Paradise Sega Sammy repaid a KRW100 billion loan on 31 March 2026.
Paradise Co reported casino revenue of KRW 49.5 billion in March, 40% lower than a year earlier, while table drop rose nearly 10% from February to KRW 587.7 billion. The company did not explain the revenue decline in its monthly update, according to the report. First-quarter revenue increased just under 2% year on year to about KRW 229.7 billion.
Sega Sammy reported net profit of JPY2.75 billion for the six months to September, down 91% year on year. The company attributed the decline to weaker game sales, underperformance at Rovio, pachislot approval delays and costs from consolidating Stakelogic and GAN, while keeping its full-year forecast unchanged.