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GamingM&A Valuation Benchmarks

Median multiples, deal-size medians, named acquirers, and per-bracket multiples — based on 261real M&A transactions in the gaming space.

9.65× median EBITDA2.39× median revenue$141M median deal sizeMarket: growing

State of GamingM&A in 2026

The gaming M&A market is currently trading at a median 9.65× EBITDA (interquartile range 7.15×–13.57×) and 2.39× revenue (interquartile range 1.3×–4.08×), based on 261 disclosed transactions at a median deal size of $141M. The market trend is currently growing.

Active acquirers include Pure Casino Entertainment Limited Partnership, Silver Lake Technology Management, L.L.C., Allwyn AG, KRAFTON, Inc.. Recent named transactions: Gamehost Inc. (2026, $222.6M, 9.2× EBITDA); Electronic Arts Inc. (2025, $55,189M, 27.5× EBITDA); Performance Predictions LLC (2025, $3,460.7M, 10.2× EBITDA).

All figures based on disclosed deals only. Source: SEC filings, EDGAR 8-K/S-4, and verified press releases (261 deals total, 168 with EBITDA, 245 with revenue). Quality grade: green.

Median multiples

Metricp25Medianp75Sample
EV / EBITDA7.15×9.65×13.57×168 deals
EV / Revenue1.3×2.39×4.08×245 deals
Deal size (EV)$141M261 deals

Recent (2018+) median: 9.72× EBITDA, 2.63× revenue. Data quality: green.

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