v3.25.4
Restructuring Activities
 12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Activities

29. Restructuring Activities

 

During the fourth quarter of 2025, linked to the non-renewal of two significant customer contracts and the Virtuals studio restructure, the Company completed a consultation process that resulted in a number of employees leaving the business. Costs associated with these activities are recognized in the Consolidated Statements of Operations and Comprehensive Loss in Selling, general and administrative activities.

 

Restructuring charges by type are as follows:

   Redundancy   Property Closure   Equipment Novation   Other Costs   Total 
   (in millions) 
At January 1, 2025  $—    —    —    —   $— 
Costs charged to expense   3.4    0.9    (0.5)   0.3    4.1 
Costs paid or otherwise settled   (2.2)   —    0.5    (0.3)   (2.0)
Amounts payable at December 31, 2025  $1.2    0.9    —    —   $2.1 

 

Restructuring charges by segment are as follows:

 

   Gaming   Virtual Sports   Interactive   Leisure   Corporate Functions   Total 
   (in millions) 
At January 1, 2025  $—    —    —    —    —   $— 
Costs charged to expense   1.4    0.2    0.1    2.2    0.2    4.1 
Costs paid or otherwise settled   (0.7)   (0.1)   —    (1.1)   (0.1)   (2.0)
Amounts payable at December 31, 2025  $0.7    0.1    0.1    1.1    0.1   $2.1 

 

Costs charged to expense above represent the total amount expected to be incurred in connection with these activities.