Allwyn’s second quarter net revenue was €1,246 million up 27% in-line with Q1, before the impact of higher gaming taxes in Austria and the acquisition of PrizePicks, against a comparative period in which multiple markets benefited from favourable jackpot cycles.

Robert Chvatal, Allwyn CEO, commented: “After a very positive Q1, I’m pleased to announce further strong performance in the second quarter, with Group Net Revenue increasing by 27% year-on-year, to €1.2 billion, and Adjusted EBITDA increasing by 29%, to €458 million. This reflects the strength of our strategy and our success in executing it, as demonstrated by sustained momentum in Continental Europe and the contribution from PrizePicks.  

On an underlying basis, excluding the contribution from PrizePicks and adjusting for higher gaming taxes in Austria, Net Revenue increased by 5% year-on-year despite a strong comparative that benefited from favourable jackpot cycles across several markets.

Growth was supported by continued expansion of the digital channel and excellent performance in Sports Betting and iGaming, with Sports Betting benefiting from the 2026 FIFA World Cup.

Underlying EBITDA growth was supported by improved profitability in the United Kingdom following completion of The National Lottery’s technology transformation.