Allwyn International reported first-quarter revenue of €2.24bn, an increase of 6%. The available article text also mentions an acquisition of a stake in Next Lotto in its headline, but provides no details of that transaction.
First-quarter revenue growth offers investors an update, but the report gives no details of the Next Lotto stake acquisition.
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Allwyn International reported third-quarter 2025 net revenue up 5% year on year to €1.02bn, while adjusted EBITDA fell 8% to €374m. The company attributed the earnings decline in part to weaker sports betting margins and higher corporate costs; its share of Betano’s net income dropped 53% to €34m.
Allwyn reported revenue of €8.79bn for the year ended 31 December 2024, up 12% year on year, while digital-channel revenue rose 20% and accounted for 39% of gaming revenue. Adjusted EBITDA increased 4% to €1.55bn; the company also plans a €450m euro-denominated term loan B and a $100m add-on to its existing dollar loan, with proceeds intended partly to repay debt.
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.
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 market opening dependent on the new supervision systems being ready, with a delay if they are not. In a submission dated 27 October, it called the nine months between the planned start of system rules and concessions taking effect an extremely tight schedule; the draft sets those dates as 1 January and 1 October 2027.