Africa grew 27% for the full year against 2024, with Botswana outperforming since launch and South Africa delivering strong wagering growth and record casino volumes. Compared to fourth quarter 2024, Africa was up 7%. This was a very solid result given last year's robust sports margin and this year's customer-friendly outcomes. The underlying strength of our Africa business is highlighted by 31% growth in sports wagers and 52% growth in casino wagers year over year. Overall, Africa remains a powerful growth ...

Exiting the US iGaming market allowed for a strategic concentration of resources in regions where the company maintains durable competitive advantages. Record performance in Q4 was driven by monthly active customers exceeding 6,000,000 and all-time high deposit levels despite unfavorable sports outcomes late in the period. The Africa segment remains a primary growth engine, with 2025 revenue up 27% supported by 52% growth in casino wagers and high brand loyalty. Final regulatory approval of the Apri ...