Allwyn Q3 revenue shines, but 1% down excluding Camelot performance
Updated:2024-03-30 08:57    Views:72

Allwyn International has released its Q3 and year-to-date results, with total revenue and gross gaming revenue (GGR) both up 98% for Q3.

These results have been influenced by the acquisition of Camelot UK earlier this year, with Q3 results excluding Camelot UK showing a total revenue decrease of 1% and no change in GGR. 

Total revenue for Q3 was €2.01bn ($2.18bn) while net revenue was €883.3m, with Q3 adjusted EBITDA at €368.4m. 

Including Camelot UK, net revenue was up 38% and adjusted EBITDA was up 16%. This growth, similarly, was impacted by the Camelot acquisitions, as excluding Camelot acquisitions net revenue was down 1% and adjusted EBITDA up only 1%. 

Table games 162) !important; color: rgb(36, 82, 162); height: 12px; width: 12px; left: 0px; top: 0px; border-width: 0px; border-color: rgb(255, 255, 255); border-radius: 2px;">Including Camelot acquisitions


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