Breaking Allwyn PrizePicks Revenue Jumps 27% as US Growth Accelerates
Allwyn PrizePicks revenue jumped 27% to $1.46 billion in the second quarter. Most of that gain came from one deal: the acquisition of PrizePicks. Adjusted EBITDA climbed 29% to $533 million, with margin ticking up to 36.8%. Strip out PrizePicks and a tax change in Austria, and underlying growth sat at a steadier 5%. That distinction … Read more