Overview
- Articles published Friday reported Nexus International's 2025 results of $1.44 billion in betting volume, $264 million in gross gaming revenue, $124 million in EBITDA, and $87 million in net profit.
- Nexus says it finished 2025 with $485 million in cash, carried no debt, and remained 100% owned by founder Gurhan Kiziloz.
- The company and its boosters describe a build with no venture or private equity, arguing the profit-first approach can reach scale without outside funding.
- Reported operating metrics include a 72% player retention rate and about $120 to acquire each active depositor, which the articles say is roughly half the industry average.
- Nexus runs two tailored platforms: Spartans.com, a global crypto casino known for instant withdrawals, and Megaposta, a Brazil-focused sportsbook with local payments, while the pieces say the figures were audited and disclose the coverage as paid third-party content without naming the auditor.