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Allwyn’s Q1 Revenue Surges with Double-Digit Online Growth

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Photo by Alicia Steels on Unsplash

In a strong start to the year, Allwyn International has reported a 6% year-on-year increase in revenue for the first quarter of 2025. This growth was largely driven by a 15% increase in digital gross gaming revenue, showcasing the company’s continued success in the online sector. Total revenue for the quarter reached €2.24 billion, with online gaming representing a significant portion of the company’s overall revenue.

CEO Robert Chvatal highlighted the positive momentum from the company’s record performance in 2024 and emphasized the importance of the digital channel as a key driver of growth. The UK market, where Allwyn holds the National Lottery license, saw a 6% increase in revenue, with strong performance in EuroMillions draws contributing to the growth.

Allwyn’s expansion into other European markets also yielded positive results, with notable revenue increases in Greece, Cyprus, and Austria. Despite some challenges in markets like Italy, the company’s overall revenue continued to show growth across various regions.

Earnings also saw an increase, with adjusted EBITDA rising by 1% despite additional costs related to corporate restructuring. Looking ahead, Allwyn remains focused on its transformation plans for the National Lottery, including technological upgrades and innovation initiatives.

With recent developments such as securing the Italian Lotto license and acquiring a minority interest in Next Lotto, Allwyn is positioning itself for further growth and expansion. CEO Chvatal expressed confidence in the company’s future prospects and its ability to deliver on its strategic goals for the remainder of 2025.

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