Adjusted EBITDA rose 29% to €458m, giving the group a margin of 37%. Excluding PrizePicks and higher gaming taxes in Austria, underlying net revenue growth was 5%, in line with the first quarter, against a strong comparative period.
The results mark another quarter of expansion for Allwyn as it integrates PrizePicks, acquired in January, and completes its combination with Greek operator OPAP, with digital growth, sports betting and improved UK performance cited as the main drivers of underlying gains.
Robert Chvátal, Allwyn’s chief executive, said: “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 €1.2bn, and adjusted EBITDA increasing by 29%, to €458m.
“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.”
World Cup lifts sports betting
Chvátal said the underlying growth had come despite a tough comparative period.
He added: “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.”
The group rolled out new lottery games in Austria, the Czech Republic and the UK, becoming the first operator outside the US to offer Powerball.
PrizePicks also expanded in North America, combining PlayerPicks with TeamPick and adding prediction markets alongside its fantasy sports product.
Allwyn also completed the final steps of its combination with OPAP and agreed, after the quarter end, to raise its stake in German lottery reseller Next Lotto to 65%, giving it a controlling interest.
The company confirmed an interim distribution of €0.20 per share for 2026, taking total capital returns for the year, including its buyback, to €1.19 per share.
Allwyn reaffirmed its 2026 outlook of net revenue growth at a percentage in the mid-to-high 20s, before one-off impacts of around €60m, and an adjusted EBITDA margin of about 37%.
Chvátal continued: “We remain confident in our ability to deliver sustainable growth, strong cash generation and attractive shareholder returns over the long term.”
Dingnews.com 31/08/2026