Allwyn said first-quarter revenue is expected to reach between €2.00bn and €2.05bn once audited, compared with €1.59bn a year earlier. Adjusted EBITDA is forecast at €355m to €365m, and the company announced a $450m Term Loan B offering to repay notes due in 2028, cover costs and support general corporate purposes.
The update gives investors expected quarterly results and details of a planned debt offering.
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Allwyn is reportedly planning to bring its sportsbook in-house after agreeing a source-code arrangement with Kambi. The operator also reportedly announced a deal to acquire IWG’s remaining shares.
After agreeing a source-code deal with Kambi, Allwyn plans to take control of its sportsbook operations internally, EGR Intel reported. Allwyn bosses said the arrangement would give it flexibility over its product roadmap.
Allwyn Digital CEO Kresimir Spajic said the company's source-code licensing agreement with Kambi is an initial step towards a more connected entertainment offering. He said Kambi's technology could help differentiate Allwyn's products.
Allwyn Digital CEO Kresimir Spajic said a source-code licensing agreement with Kambi was a first step towards a more connected entertainment offering. Spajic said Kambi's technology could help distinguish Allwyn's products.
Allwyn announced agreements with Kambi to develop an in-house sportsbook platform and plans to acquire the remaining 30% of Instant Win Gaming (IWG). The Kambi deal includes a global perpetual source-code licence and payments totalling €50 million over three years to 2029; Allwyn expects the approximately $120 million (€107 million) IWG acquisition to complete in the first quarter of 2027.
Allwyn has agreed with Kambi to build its own betting platform and plans to acquire the remaining 30% stake in Instant Win Gaming (IWG) for approximately $120m (€107m). The deals will give the operator more control of its betting technology and digital lottery content, making it less dependent on external suppliers.
Allwyn has asked the European Commission to make Austria’s planned online gambling market opening conditional on supervisory systems being ready, and to defer it if needed. The draft sets 1 October 2027 for the new concessions to take effect; Allwyn says the systems and implementation work may not be ready in time, while supporting a controlled market opening in principle.
Allwyn has asked the European Commission to make Austria’s planned online gambling opening conditional on supervisory systems being ready, and to delay it if necessary. The company said the new concessions should take effect on 1 October 2027 if the systems are ready, but be deferred if the central systems cannot be fully operational by then.
Allwyn announced agreements with Kambi to develop a proprietary sportsbook platform and plans to acquire the remaining 30% of Instant Win Gaming. The Kambi agreements provide Allwyn with a perpetual global source-code licence and services, for consideration of €50 million over three years to 2029; about half is expected in 2027.
Allwyn announced agreements with Kambi Group to develop its own sportsbook platform and plans to buy the remaining 30% of digital instant-game supplier Instant Win Gaming (IWG). The platform is intended for online and retail betting.