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iGaming firms Together Gaming and Gentoo Media report mixed financial results
Malta-based iGaming platform provider Together Gaming Solutions plc reported a profit before tax of €542,215 for the first half of 2026, marking a turnaround from a loss of €29,156 during the same period in 2025. The company, which operates the ‘Enji’ platform under a Malta Gaming Authority B2B licence, saw net revenue of €2.4 million. Management attributed the growth to increased B2C gaming activity across the group’s licensed operators, which offset changes to turnkey platform fee rates.
In a separate development, iGaming affiliate marketing firm Gentoo Media has lowered its full-year 2026 revenue guidance to between $113 million and $117 million, down from a previous forecast of $117 million to $135 million. The company also reduced its EBITDA forecast. Gentoo reported a 9% decline in quarterly revenue to $26.8 million for the period ending June 30, though it achieved a quarterly profit of $3.2 million compared to a loss in the prior year. The company cited weaker first-half revenue, current trading conditions, and lower-than-expected World Cup earnings as reasons for the revised outlook.
Entities
Cherry with Friends AB · Gentoo Media · Malta Gaming Authority · Together Gaming Solutions plc