Gentoo Media shared its Q2 2026 results on August 26, 2026, revealing that the affiliate suffered a 9% year-on-year decrease in revenue, generating €22.9 million, compared to...
Allwyn reported its earnings for the second quarter of 2026, revealing that the company’s net revenue jumped by 27% year-on-year to €1.2 billion.
Adjusted EBITDA also increased by 29% to €458 million, while the margin improved to 36.8%. In January 2026, Allwyn acquired PrizePicks for $1.6 billion, with the company noting that net revenue still grew 5% year-on-year when excluding the PrizePicks acquisition and the impact of higher gaming taxes in Austria.
CEO of Allwyn, Robert Chvátal, commented:
“After a very positive Q1, I’m pleased to announce further strong performance in the second quarter. This reflects the strength of our strategy and our success in executing it, as demonstrated by sustained momentum in continental Europe and the contribution from PrizePicks. We remain confident in our ability to deliver sustainable growth, strong cash generation, and attractive shareholder returns over the long term.”
The North American segment generated €294 million in net revenue, compared with €54 million a year earlier, while adjusted EBITDA reached €104 million. PrizePicks’ revenue increased 3% on a standalone constant-currency basis, with active players up 18% and amounts staked rising more than 35%.
Allwyn also saw growth across its core gaming products. Sports betting revenue increased 12% to €145 million, while iGaming revenue rose 24% to €147 million. Lottery revenue, however, fell 2% to €498 million.
In Continental Europe, net revenue grew 4% to €731 million, while UK revenue increased by 2% to €236 million. The UK business also saw adjusted EBITDA rise from €6 million to €23 million following the completion of its National Lottery technology transformation.
Allwyn maintained its full-year 2026 outlook, expecting net revenue growth in the mid-to-high 20% range and an adjusted EBITDA margin of around 37%.
