v3.26.1
Revenue Recognition
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The Company’s revenue from contracts with customers is derived from online casino, online sports betting, retail sports betting and social gaming.
Disaggregation of revenue for the three and six months ended June 30, 2026 and 2025, was as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
($ in thousands)2026202520262025
Online casino and online sports betting$392,202 $267,520 $761,090 $528,401 
Retail sports betting452 464 708 791 
Social gaming1,122 1,233 2,339 2,432 
Total revenue$393,776 $269,217 $764,137 $531,624 
Revenue by geographic region for the three and six months ended June 30, 2026 and 2025, was as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
($ in thousands)2026202520262025
United States and Canada$285,864 $232,613 $568,446 $457,475 
Latin America, including Mexico107,912 36,604 195,691 74,149 
Total revenue$393,776 $269,217 $764,137 $531,624 
Deferred revenue associated with online casino and online sports betting revenue and retail sports betting revenue includes unsettled customer bets and is included within players’ liabilities in the condensed consolidated balance sheets. Deferred revenue balances as of June 30, 2026 and December 31, 2025 were $11.1 million and $11.7 million, respectively. Deferred revenue that existed as of December 31, 2025 that remained unrecognized as of June 30, 2026 was immaterial.
Deferred revenue balances as of June 30, 2025 and December 31, 2024 were $8.6 million and $10.8 million, respectively. Deferred revenue that existed as of December 31, 2024 that remained unrecognized as of June 30, 2026 was immaterial.