The global lottery operator Allwyn has released its preliminary unaudited financial results for the second quarter of 2025, reporting continued strong performance and successful execution of its growth strategies.
The company announced that its total revenue reached €2.27 billion, marking a 6% increase compared to the same period in 2024. This follows a robust fiscal year in 2024 and demonstrates sustained momentum, largely driven by significant growth in its United Kingdom segment.
The financial overview for the quarter shows consistent top-line growth, with Gross Gaming Revenue (GGR) also rising by 6% to €2.19 billion. Adjusted EBITDA saw a corresponding 6% increase, reaching €362 million.
The company also reported a healthy adjusted free cash flow of €300 million, another 6% year-on-year rise.
These positive results were achieved while the company continues to make significant investments in technology and its retail infrastructure, with CAPEX increasing by 11% to €62 million.
Post-quarter, Allwyn also optimized its financial structure by finalizing a €2.15 billion Senior Facilities Agreement and issuing €600 million in senior secured notes to extend its debt maturity.
Operationally, the United Kingdom was the primary engine of growth.
Performance was supported by strong results from EuroMillions and other numerical lotteries, while the Online Instant Lotteries category saw increased activity following new game launches and high jackpot cycles.
In 2025, Allwyn has continued to invest heavily in its technology, activating over 30 new systems post-quarter, including a new central lottery system and upgraded retail terminals designed to enhance the player experience and support future product development.
Robert Chvatal, Allwyn CEO, stated:
I am very pleased to report another quarter of strong financial performance following our strong first quarter, reflecting continued successful execution of our growth strategies. This excellent performance reflected our focus on growth in the digital channel, alongside the dedication of our teams across markets to enhancing the customer proposition and the player experience. As always, we delivered this growth while maintaining our commitment to player safety and upholding our responsibilities to all stakeholders.
