Allwyn International has reported a 24 per cent year-on-year increase in consolidated total revenue for 2022.

Allwyn International

The €3.99bn figure is matched by increased consolidated adjusted EBITDA of 21 per cent to €1.17bn.

Allwyn enjoyed strong growth in online sales, with the online channel contributing 44 per cent of gross gaming revenue in the Czech Republic, up from 38 per cent in 2021.

Robert Chvatal, Allwyn CEO, said: “These results demonstrate how much the business has progressed in the last several years, with both total revenue and EBITDA growing by over 90 per cent since 2019 – during which time we have also deleveraged by more than 1x adjusted EBITDA, significantly increased our ownership in our existing businesses, and strengthened our platform and increased our strategic optionality and diversification through securing entries into the UK and US markets.”

He added that Allwyn’s success in the tender to operate the UK National Lottery “provides an excellent demonstration of our leveraging learnings and expertise from across our markets to deliver for all our stakeholders.”