Jamaica’s leading gambling company, Supreme Ventures, delivered a robust performance for the March 2026 quarter, with net profit jumping a solid 36 percent after tax, to $703 million, up from $514 million for the first quarter of 2025, resulting in earnings per share of 26.67 cents.
Gaming income rose 4.6 percent to $14.46 billion, with gross profit improving to $3.30 billion, with revenues up from $13.8 billion in 2025 and gross profit of $3.16 billion. Direct costs increased 10.5 percent to $11.1 billion, compared with $10.67 billion in 2025, well above the revenue gains.
Selling, general and administrative costs climbed marginally to $2.31 billion from $2.22 billion in 2025 in the quarter.
Segment results show Lottery bringing in revenues of $6 billion, marginally ahead of the $5.94 billion in 2025, delivering segment results of $1.4 billion, up from $1.34 billion in 2025. Sports betting raked in $4.43 billion compared to $4.25 billion, resulting in segment results of $517 million versus $509 million. Pin Code generated income of $3.86 billion, up 8.4 percent from $3.56 billion in the first quarter last year, segment results of $110 million versus $98 million.
The operations had positive cash flows of $632 million up from $290 million in 2025, resulting in Cash and cash equivalents of $1.77 billion, an increase from $1.2 billion at the end March 2025. The group also has investments of $2.2 billion.
Management states that “the Group remained compliant with all financial covenants and that the hurricane caused an estimated $1.6 billion reduction in gross ticket sales and had a $100 million negative impact on net profit. Nevertheless, terminal recovery in the lottery segment reached 98%, and targeted measures, such as deploying additional terminals and using generators and Starlink connectivity, supported ongoing operations.”
The company confirmed a dividend of 22.89 cents per share, totaling $60.4 million, to be paid to shareholders on Thursday, July 2, to those on record at May 7, 2026. Dividends of $77.28 million were paid during the March quarter.
The shares are listed on the Jamaica Stock Exchange and last traded at $15.57 on Wednesday.