Allwyn records robust initial quarter, revenue climbing by 6%
Kickin' it with Allwyn's Q1 '25 Revenue Report
'Tis a grand day in the lottery world! Allwyn – a multinational giant spanning Austria, Greece, Italy, and other European lands – has unveiled its first-quarter financial figures for '25. Let's dive in and check the deets!
Revenue Explosion: Up 6% YoY
Staring at an impressive €2.24 billion revenue in Q1 '25, Allwyn is heating things up by increasing its revenue by 6% compared to last year! The chunks of profit were mainly sourced from the digital segments, which are now delivering 39% of the company's total gaming revenue14.
Digital Champs: Online Gaming Revenue Up 15%
The digital segment may have been stripped of its baby fat, but it's growing stronger than ever, with its online gross gaming revenue ballooning by a whopping 15%1. Talk about a growth spurt!
Gaming Win: €2.15 Billion
Allwyn's core gaming activities also saw a 7% surge in revenue, rocketing to €2.15 billion1. The numbers sure do add up!
Profitability Proven: €363.2 Million Adjusted EBITDA
Adjusted EBITDA stepped up to the plate in Q1 '25, reaching €363.2 million4. Praise be to hierarchies, for Allwyn attributed this growth to the smart streamlining of its corporate structure4.
CEO Bob: Stoked on Q1 Results
Bob Chvatal, our beloved CEO, dropped some major insights during a recent press conference:
Bonuses were showered on players across Austria and Greece too. The luckiest Austrian scooped a massive €250 million EuroMillions win, while Greeks struck gold with the largest Tzoker jackpot and the first-ever Eurojackpot Extra winner4.
Chvatal wrapped things up with an ovation-worthy statement:
For more, eyeball Allwyn's Q1 2025 Financial Results.
- Derived from the strong digital segment growth, Allwyn's revenue from investing in online gaming has significantly increased by 15%, potentially opening new opportunities for financial development in this sector.
- Given the immense success of its expansion plans and Q1 2025 revenue report, Allwyn's emphasis on business growth, particularly in digital gambling platforms, positions the company well for further investments in the coming months.
