Summary
- Allwyn released its financial results, showcasing its performance for the first quarter ending March 31, 2025.
- In addition to financial information, the company shared updates on current projects and recent achievements.
- Robert Chvatal, the CEO of Allwyn, expressed his satisfaction with the company's performance in the first quarter.
Allwyn, a major multi-national lottery operator with significant influence in Austria, Greece, Italy, and other European markets, has published its latest financial report. The company emphasized several strategic achievements alongside preliminary performance figures for the first quarter ending March 31, 2025.
Total revenue grows by 6% year-over-year in Q1
In the first quarter of 2025, Allwyn reported revenue of €2.24 billion, marking a 6% increase compared to the €2.10 billion recorded in the same period in 2024. Revenue from gaming activities alone reached €2.15 billion, reflecting a 7% rise from the previous year. Additionally, Allwyn's adjusted EBITDA for the first quarter of this year was €363.2 million, showing a 1% improvement from the same quarter in 2024. The company attributes this growth to the simplification of its corporate structure.
Allwyn is positioned well for further growth
Robert Chvatal, the CEO of Allwyn, discussed the company's latest results and achievements, as reported by Casino House Group News from a press release. I am delighted to share that 2025 is off to a strong start. We are successfully maintaining the positive momentum from our record-breaking performance in 2024 through the effective execution of our growth strategies, the executive stated. Chvatal highlighted Allwyn's solid profitability and expansion in markets such as Cyprus, Greece, and Austria. The CEO noted a 6% year-over-year increase in total revenue, attributed to growth in digital segments and enhancements to Allwyn's offerings. This quarter was also a triumph for our players. We celebrated a record €250 million EuroMillions winner in Austria, and in Greece, not only did we see the largest Tzoker jackpot ever, but we also had the first winner of Eurojackpot Extra, introduced in the final quarter of last year, Chvatal added. He expressed his enthusiasm for the first-quarter financial results, emphasizing that these figures position Allwyn well for continued growth throughout the year.