Allwyn Q2 revenue rises 27% as PrizePicks acquisition boosts North America
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Allwyn's January acquisition of a majority stake in US daily fantasy sports operator PrizePicks helped push the company's Q2 net revenue up 27% year-on-year to €1.25 billion ($1.45 billion). North American revenue alone climbed from €54 million to €294 million ($341 million), with adjusted EBITDA r…
Allwyn's January acquisition of a majority stake in US daily fantasy sports operator PrizePicks helped push the company's Q2 net revenue up 27% year-on-year to €1.25 billion ($1.45 billion). North American revenue alone climbed from €54 million to €294 million ($341 million), with adjusted EBITDA reaching €104 million ($120.6 million). PrizePicks itself posted 3% year-on-year...