Allwyn International has reported an 80 per cent jump in first-quarter turnover after acquiring Camelot, the longtime operator of the UK’s National Lottery.
The Czech-owned company said its revenue rose to €1.65 billion [$1.78 billion) in the first three months of 2023, compared to €914 million in the equivalent period last year.
Though acquisitions of Camelot UK and Camelot Lottery Solutions, which runs the Illinois Lottery, provided the overwhelming bulk of growth, organic sales still expanded by 17 per cent to over €1billion.
Allwyn credited the boost to solid performances across all territories and product lines, progress in its digital channels, and the lack of any impact from Covid-related restrictions.
