Allwyn has reported a 98% rise in consolidated total revenue to €2.01bn ($2.17bn) for Q3, driven by its acquisition of the Camelot UK and Camelot Lottery Solutions Group businesses earlier in the year.
The double addition has had a significant impact on Allwyn, with revenue almost doubling year-on-year in Q3 to €368.4m. Earnings were also higher in the period while adjusted free cash flow was 10% higher at €336.6m.
The group purchased Camelot UK, current operator of the UK’s National Lottery, in February. This comes ahead of Allwyn taking control of the lottery in February next year under the fourth National Lottery licence.
