Allwyn, the majority stakeholder in Greek betting firm Novibet and operator of the UK National Lottery, is making progress with its strategic growth ambitions.
This is according to the firm’s latest trading update, it seems, which has provided an unaudited glimpse into its financial results ahead of full reporting on 21 March 2025.
Q4 revenue rose 10% to €2.4bn (2023: €2.2bn) while FY2024 revenue was up 12% from €7.9bn to €8.8bn. Adjusted EBITDA was up 12% €437m (€388m) in Q4 and rose 4% from €1.48bn to €1.54bn.
Allwyn has built up its position as a major pan-European lottery operator. The firm’s oldest holding is the Czech lottery, SAZKA, while its profile has been further expanded with Greece and Cyprus’ OPAP, the Austrian Lotteries, and perhaps most significantly the UK National Lottery.
