Allwyn posts Q1 growth despite UK dip
Allwyn reported Q1 2026 group revenue of €2.39bn, up 8% year-on-year, with net revenue rising 21% to €1.2bn and adjusted EBITDA up 24% to €443m. North American revenue surged 408% despite a dip in the UK.
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Allwyn reported Q1 2026 group revenue of €2.39bn, up 8% year-on-year, with net revenue rising 21% to €1.2bn and adjusted EBITDA up 24% to €443m. North American revenue surged 408% despite a dip in the UK.
The Horserace Betting Levy Board forecasts a record £110m in levy receipts for 2025-2026, marking the fifth consecutive year of growth. However, betting revenue per race has declined, raising industry concerns about the sustainability of the funding model.
Gordon Moody has appointed a new CEO as the UK gambling harm treatment sector faces a statutory levy era. The organisation, which received £4.5m in funding, is restructuring its leadership amid criticism of new systems in Wales.
Horse racing levy income is projected to reach £110m for the year ending March 2026, the highest since 2017 reforms. However, the CEO of the Horserace Betting Levy Board expressed concerns about the sport's financial future.
The UK Gambling Commission announced a new compliance check on AI-powered content marketing aimed at protecting children, effective June 4, 2026. Operators are advised to review their marketing practices accordingly.
Andrew Rhodes, former CEO of the UK Gambling Commission, has taken a Principal Consultant role at Hawkbridge, a Harris Hagan-owned consultancy. The appointment has drawn criticism from industry figures, who cited concerns over his tenure's affordability checks and…
Allwyn reported Q1 2026 revenue of €754m, despite a financial drag from modernizing the UK National Lottery. The company expects a return to growth now that the major upgrade work is complete.
Research presented at the Eadington Conference found that GSGB participation estimates exceeded administrative data by up to 694%, questioning the survey's reliability.
Two individuals were arrested in Manchester following a raid on an unlicensed gambling venue. Police seized cash and equipment during the joint operation.
Two individuals were arrested after police raided a suspected illegal gambling den in Manchester city centre. The operation took place on 29 May 2026.