LiveScore Group Revenue Climbs to £206 Million Amid Sharp UK Market Outperformance and Regulatory Shifts

LiveScore Group outperforms the UK market with 26% growth in FY25, though upcoming tax hikes and a Netherlands exit present new strategic challenges for 2026.

By: AXL Media

Published: Apr 15, 2026, 10:44 AM EDT

Source: Information for this report was sourced from iGB

The Dominant Surge of British Operations

LiveScore Group has demonstrated significant momentum in its most recent financial year, reporting total turnover of £206.3 million for the period ending March 31, 2025. This growth was anchored almost entirely by the UK market, where revenue jumped by more than a quarter to reach £175.6 million. According to data from Regulus Partners, the group's flagship betting brands, Virgin Bet and LiveScore Bet, managed to outperform the broader UK market average by 20 percentage points. This regional success now accounts for 85% of the total revenue generated by the Gibraltar-based operator, signaling a heavy reliance on British consumers.

Strategic Retreats and Continental Headwinds

While the group saw success at home, its European presence faced a sharp contraction, with turnover in the region falling by 29% to £16.3 million. This decline was largely a calculated consequence of the group's decision to shutter its operations in the Netherlands in late 2024. This exit, prompted by intensifying regulatory pressures within the Dutch market, resulted in a £6 million financial drag during the reporting cycle. Furthermore, international turnover outside of Europe and the UK dipped by 14%, a trend analysts attribute to softening performance in the Nigerian market.

Structural Efficiency and Narrowing Losses

The group’s financial health showed signs of stabilization as it successfully halved its operating losses from the previous year. Reporting an operating loss of £26.7 million compared to over £50 million in 2024, the group benefited from a gross profit increase that reached £158 million. Management noted that this improved bottom line was achieved despite continued heavy spending on brand marketing. However, the path to profitability included internal consolidation, as the company recorded £3 million in redundancy and restructuring costs during November 2024 to streamline its business units.