Which company grew the fastest in Q4 2018?

Every quarter, researchers from the Online Gambling Quarterly analyse revenue figures from various egaming companies ranging from operators and service providers to affiliate companies and even cumulated figures of entire markets (e.g., France, Denmark,).

In most cases the figures used are net revenues; however, in a few cases net revenues were not reported, and therefore the analysts took gross revenues or turnover instead.

Total revenue growth analysis click here (YoY) – for more data

– On average total revenues across all verticals grew 26% in Q4 2018

– Best practice growth (YoY) was achieved by Nektan with 83%. The growth was driven by the newly launched B2B platform business (not yet in existence a year before) that saw a significant increase in the number of unique players, helped by four new partners going live. Key business area is still the B2C white label casino solution business (72% of total in Q4/2018; +31% YoY).

– Lowest/negative growth was seen by Paddy Power Betfair Online and Jackpotjoy (see full ranking here).

Total revenue growth analyses click here (QoQ) – for more data

In many cases the YoY growth rates are exceptionally high due to acquisitions made in a previous quarter – an effect that carries through for consecutive quarters after the acquisition. Therefore, several leading companies in the YoY growth benchmarking have those top positions more or less due to acquisitions made within the 12 months before the analysis.

The researchers at Online Gambling Quarterly have therefore decided to also analyse quarter-on-quarter growth (QoQ) benchmarks as well. Those growth rates might be impacted by seasonal effects (e.g., football season vs. no football season) and other changes, but these figures can provide a quick, current overview of the most recent growth dynamics while excluding effects of acquisitions in previous quarters.

– Average growth – On average, revenues grew in Q4 2018 (compared to the previous quarter Q3/2018) by 6%.

– Best practice growth (QoQ) – Best practice growth (QoQ) were achieved by the French market (+35%), Nektan (+28%) and Vera&John (+27%).

Betting revenue growth analyses (YoY) – for more data click here

– Average growth – On average, betting revenues grew in Q4/2018 (compared to a year earlier) by +2% (YoY).

– Top growth rate – Best practice growth was achieved by Stars Group with +948% (YoY) – excluded in average figure.

– Lowest/negative growth – At the bottom of the ranking we find Betsson and Paddy Power Betfair Online (see full ranking here).

For more financial analyses (e.g., H2 benchmarks, casino revenue growth, …) have a look at the full report here.