Lottery operator Allwyn International has reported an increase in revenue for the third quarter of 2024
Allwyn International's revenue from gaming operations reached €2.06 billion (₽218.98 billion), also up 7% from the same period last year. Net profit rose by 11%, reaching €981.8 million (₽104.37 billion). Adjusted EBITDA increased by 12%, totaling €410.8 million (₽43.67 billion).
CEO Robert Chvatal commented, "The company continues to execute its organic growth strategy, with a strong focus on game safety and meeting the needs of all stakeholders. This quarter has been favorable due to successful jackpot cycles, contrasting with the less fortunate period experienced by operators last year."
In the third quarter of 2024, Allwyn completed its acquisition of Instant Win Gaming (IWG), a leading provider of instant online games for lotteries. This move has strengthened the company's position in North America and enhanced its content development capabilities.
In February 2024, the operator took over management of the UK National Lottery following its acquisition of Camelot UK. This deal represents a significant step in the company's long-term strategy.
It is worth noting that the UK National Lottery recently celebrated its 30th anniversary.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
