22nd June 2026
Gana Media Group plc
("GANA" or "the Company")
Estadio Gana update on registered users in World Cup period and business progress
Gana Media Group plc is delighted to report that Estadio Gana, the online casino and sports-book book business we own and operate in Mexico is seeing significant growth in client registrations, in the run-up and through the first part of The World Cup tournament.
Upon taking control of the business in early January, Gana commenced an immediate review of the business and has used Q1 to make strategic changes to the business set-up and structure. These changes have set a foundation that has allowed Gana to drive the business forward strongly across Q2 to date, as the detail below demonstrates.
We are now pleased to be able to state that client registrations, whilst from a managed slow start, are now tracking strongly above target. The Company does not intend to regularly report on progress but gives this update given the growth recently seen particularly in light of the ongoing World Cup.
Registrations
Since the beginning of May through to 19 June, Estadio Gana has added 13,585 users which is 211.73% above target with 11 betting days to go. The internal RTO target set for May and June was 4,358 client registrations.
Daily registrations have accelerated materially since the start of the World Cup, including 1,982 registrations on 17 June alone.
The breakdown below shows the growth that we have been seeing May through June to date:
May - 3,145 registrations (101 per day)
June to the 19th - 10,440 registrations (549 per day)
June daily registrations annualised would suggest that we are tracking 200,558 per annum should the June numbers continue at current level.
Project delivery
The fast pace of growth over the last couple of months has been delivered via a combination of factors, including but not limited to the significant business advancements previously mentioned via RNS reach: -
- The Android App going live.
- Developing the Deportes Media site, which now has a growing revenue stream.
- Affiliate networks going live, to which we are adding further providers.
- Influencer agreement signed and campaigns going live in May.
- The launch of Estadio Gana's proprietary tournament pool betting product.
- The launch of peer-to-peer betting.
- The partnership with Vor Interactive, which is live and delivering match predictions.
- The partnership with OneFootball, which is to focus on the Liga MX and league campaigns that commence in August.
Raising £750,000
The Company expects this growth momentum to continue, benefitting from the £750,000 capital raise, which will be immediately invested in accelerating customer acquisition and building on the current positive trajectory of the business.
The Board believes this positions Estadio Gana on track to establish itself as a prominent gambling brand in the attractive and growing Mexican market.
Mark Epstein CEO Gana Media Group:
"We are delighted with the progress made since the start of April, as the World Cup build-up and tournament period commenced. We are achieving take-on rates considerably ahead of our targets and are pleased to have completed a £750,000 capital raise at a small premium to the prevailing market price. This will be invested to consolidate and accelerate the growth of Estadio Gana as a recognised gambling brand in Mexico. Lorenzo Caci, Carlos Gomez del Campo Neme and the entire team have done an outstanding job in delivering this exceptional growth. We will provide a full trading update in due course, but for now we are extremely pleased with the momentum and progress being achieved."
For further information, please contact:
Gana Meia Group plc
John Barker, Chairman
+44 7711 920 865
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
AlbR Capital Limited (Broker)
Lucy Williams and Duncan Vasey
+44 (0) 20 7469 0930
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.