Allwyn International announces Q1 results

Allwyn International, formerly Sazka Group, has announced its financial results for the three months to March 31 and provided an update on recent developments and current trading.

The company registered consolidated gross gaming revenue of €869m, up 65 per cent year-on-year, reflecting more normalised operational environment after the reopening of physical retail business across its operations and continued organic growth.

There was a consolidated adjusted EBITDA margin of 50 per cent and consolidated adjusted EBITDA of €269m.

There was also continued strong growth in online sales – online channel contributed 43 per cent of gross gaming revenue in the Czech Republic, compared with 36 per cent in Q1 2021.

“We are continuing to deliver on our inorganic growth strategy through acquisitions and participation in tenders,” the company stated.