Allwyn chief executive Robert Chvatal said the company could be listed but investors should not expect an initial public offering soon. He said Allwyn may remain at least partly privately owned while shareholder Karel Komárek believes the business can continue to improve.
The comments indicate that an Allwyn equity listing is not an imminent prospect for investors.
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It was reported that Allwyn began introducing Powerball in the UK. The National Lottery operator had been developing the project over an extended period.
Allwyn said the UK National Lottery's first Powerball draw is scheduled for 23 July, subject to final regulatory approval. Tickets are planned to go on sale on 21 July at £4 per line, with jackpots starting at £12 million; the game will also include a UK-only £8 prize tier for matching two main numbers.
Allwyn chief executive Robert Chvátal said UK lottery spending per person is below levels in Italy and France. He highlighted the UK’s potential as the operator plans expansion across the US.
European Lotteries has established a task force on illegal gambling and started an international pilot with digital intelligence company White Bullet, the organisation announced. The group includes experts from Belgium, Finland, France, Greece and Poland and will share practices while supporting monitoring of illegal gambling content on websites, search engines and social media. The pilot also plans engagement with digital platforms and intermediaries to encourage content removal.
Allwyn could acquire additional shares in Casinos Austria, where it already holds just under 60%, according to reported speculation. The report says the lotteries business is the main focus, rather than the group’s 12 domestic casinos or overseas interests.