Allwyn announced plans to add a UK version of Powerball and change the National Lottery’s Lotto format, subject to final regulatory approval. Powerball tickets are planned at £4 per line, while the new Lotto format is due to begin on 7 June with lines remaining at £2.
Operators and lottery suppliers may need to prepare for two proposed changes to the UK National Lottery, pending regulatory approval.
The day’s most important stories, free. One email a day.
Better Collective’s shares fell 37.16% over five days following Brazil’s betting ban announcement. Flutter’s shares declined 11.52% over the same period. It was reported that Better Collective estimated a €15m impact for the rest of 2026 and suspended its 2027 guidance.
Better Collective's share price fell 37.16% over five days following the announcement of a provisional measure to ban online gambling in Brazil, according to share price data cited in a report on 29 September 2026. The report said the decline came five days after President Lula's announcement and ahead of the first round of the election on 4 October.
Allwyn said Brazil’s temporary ban on online sports betting and iGaming could affect its 2026 financial outlook. The group said its previous guidance of an Adjusted EBITDA margin of about 37% no longer applied; its preliminary assessment was that the impact would be limited if the ban remained in force for the rest of 2026. Kaizen Gaming, in which Allwyn holds a 36.75% stake, is preparing legal action to protect Betano’s rights in Brazil, according to Allwyn.
Allwyn chief executive Robert Chvátal and chief financial officer Kenneth Morton discussed sportsbook acquisitions and secondary listing plans in an EGR interview published on 28 August. The interview followed Allwyn’s Q2 earnings and included management support for its new UK chief following pressure from MPs.
Allwyn increased its stake in German lottery ticket reseller Next Lotto to a majority holding for an undisclosed amount. The report also said Allwyn’s Q2 revenue rose 27%.
Allwyn reported on 25 August 2026 that its revised UK Lotto game had produced 56 millionaires since launching on 10 June. The comparable period in 2025 produced 35 millionaires. Powerball, introduced on 21 July, had paid more than £13.8m across 997,038 winning entries.