(AsiaGameHub) –   Entain has restated its guidance for FY2026 following a Q1 trading update that showed consistent growth, bolstered by robust online results in major markets.

For the three months ending March 31, 2026, Group net gaming revenue (NGR) increased by 3%, meeting expectations and fueled by an 8% rise in volume. Online NGR saw a 5% increase, with iGaming climbing 9%, which countered a marginal 1% dip in sports betting attributed to weaker margins.

The UK and Ireland stood out in the results, achieving a 13% rise in online revenue as Entain captured additional market share. Australia also saw a 13% increase, with both regions surpassing forecasts. Overall, Entain’s core markets experienced a 10% year-over-year increase in online volume. Following these results, Entain maintained its guidance for 5%–7% online NGR growth for the year and affirmed it is on schedule to deliver roughly £1.13 billion in EBITDA for FY26. Additionally, the company restated its long-term objective of achieving at least £500 million in annual EBITDA by 2028.

Entain CEO Stella David said:

We began 2026 with robust momentum that persisted into Q1, marked by significant volume growth across our diversified portfolio. This underscores our continued strategic execution and operational strengthening, while also showcasing the inherent growth within our globally scaled business. Our resilient and strong operation has started the year positively, and we are maintaining this momentum. Through our sharpened focus and optimization efforts, we are more convinced than ever of our ability to deliver sustainable growth and enhance cash generation. Entain is well-placed to succeed as a long-term industry leader, capitalizing on future opportunities, and I have full confidence in what lies ahead.

On a regional basis, UK & Ireland NGR grew by 6%, as online revenue gains balanced out slight decreases in retail revenue. International revenue increased by 1%, driven by sustained online expansion, even though sports results in Italy and Brazil were disappointing. Conversely, Central & Eastern Europe saw a 6% decline, largely due to falling retail revenue.

In other developments, Entain’s joint venture with BetMGM recorded Q1 revenue of $696 million, a 6% rise from the prior year, supported by 9% iGaming growth and 4% growth in online sports. Adjusted EBITDA also turned positive, although the total revenue forecast has been trimmed slightly; nonetheless, EBITDA margins are expected to hold steady.