Allwyn has announced another quarter of robust revenue and profit growth for the second quarter of 2026, driven by continued momentum across Continental Europe, strong expansion in digital operations, and contributions from PrizePicks — the U.S.-based daily fantasy sports platform acquired earlier this year.
Financial Highlights
The company reported preliminary unaudited net revenues of €1.246 billion — a 27% increase year-on-year. This growth reflects solid underlying performance, with organic revenue rising 5% year-on-year — consistent with Q1 levels — before accounting for the impact of higher gambling taxes introduced in Austria and the consolidation of PrizePicks. For context, the prior-year period had benefited from recurring jackpot wins across several markets.
Adjusted EBITDA reached €458 million, up 29% annually, representing a margin of 37% on net revenues — an improvement of 0.5 percentage points compared to the same period last year. Excluding the effects of the PrizePicks acquisition, Austrian tax changes, and increased amortisation related to LottoItalia’s licence, underlying revenue growth stood at 9% year-on-year.
Full-Year Guidance Reaffirmed
Allwyn reaffirmed its full-year 2026 financial outlook: net revenue growth is expected to exceed 25% — in the mid-to-high 20% range — before exceptional impacts estimated at approximately €60 million (previously disclosed). The group continues to target an adjusted EBITDA margin of around 37%.
Interim Dividend and Strategic Progress
The company announced an interim dividend of €0.20 per share, underscoring confidence in sustained group growth, strong cash flow generation, and commitment to delivering attractive returns to shareholders.
Robert Chvatal, Chief Executive Officer of Allwyn, highlighted key operational achievements: accelerated growth in the digital channel, outstanding performance in sports betting — boosted by the FIFA World Cup 2026 — and continued strength in iGaming. He also noted ongoing investments in product development and customer experience, including enhanced lottery games in Austria, the Czech Republic, and the UK.
Chvatal emphasized that Allwyn is now the first non-U.S. operator globally to offer Powerball — one of the world’s largest jackpot games — to international players.
He added: “Alongside this operational progress, we have completed the final steps of the business combination between Allwyn International and OPAP. Following the end of the quarter, we also agreed to increase our stake in Next Lotto — a licensed online lottery reseller offering state-run lottery products across Germany — to 65%, securing majority ownership. We are pleased to announce this interim dividend as part of our broader capital return strategy for 2026, which includes share buybacks.”