Banijay posts €1.21 billion in sports betting and gaming revenue

Finance News

Banijay Entertainment’s first financials since its merger with All3Media showed half-year revenues down slightly at €1.37 billion ($1.56 billion), as production volume fell.

At group level, Banijay posted H1 revenues of €2.58B, up 16.9% year-on-year on a reported basis. Adjusted EBITDA was €502.9M, up 18.5%, though adjusted net income fell 3.7% to €141.5M. 

The sports betting and gaming unit posted revenues only just behind entertainment, coming in at €1.21B. The unit is currently integrating Tipico, which was acquired in a multi-billion dollar deal in October last year, and is in the process of buying France’s second-largest casino operator, JOA.

“2026 is definitely a transformational year for Banijay Group,” said Banijay Group CEO Francois Riahi. “The successful acquisition of Tipico, the completion of the combination of Banijay Entertainment and All3Media, and the proposed acquisition of JOA in France grant to the group more scale, more diversity in terms of geography, channels of distribution, and a better strategic positioning to achieve all its strategic goals, creating new opportunities for both growth and value creation.”

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