Allwyn SPAC
Allwyn at a glance - Leading lottery operator...
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1)
2)
8 3)
4)
Leadership
5)
Scale
Financial
strength
(Pro Rata)5
Diversified
business
(Pro Rata)5
#1
lottery operator
across 5 markets¹
iGaming8
Sports betting
€16bn
LTM Q2-21A
wagers²
€1,482mm
2022E net gaming revenue
(+15% 18A-22E CAGR)
Split by product7
VLT and casinos X
Source: Company information, Management estimates (subject to material change)
Based on market data sourced from H2GC
Calculated as the aggregate wagers for Allwyn's key operating entities on a 100% basis (SAZKA a.s., OPAP, CASAG, Lottoitalia)
Adult population playing lottery in Austria (84%), Czech Republic (73%), Greece (56%), Italy (34%), as of 2019
Population of Austria, Cyprus, Czech Republic, Greece and Italy, as of 2020
8%
7%
9% LTM
Q2-21A
76%
Lottery
Austria
Up to 84%
surveyed adult population
play lottery¹, 3
€710mm
2022E adj. EBITDA
(48% margin)
Split by geography7
34%
Czech
Republic
Financial forecasts are based on latest management estimates (subject to material change); figures are presented pro rata for Allwyn's economic interest
in group operating companies
LTM
Q2-21A
20%
6)
7)
8)
9)
29%
16%
hosse
Greece
and Cyprus
Italy
91mm
population in Allwyn's
operating markets ¹,4
€675mm
2022E adj. EBITDA - capex
(95% cash conversion)
Online share
(Q2-21A)7
27%
39%
27%
Selected new markets
being targeted
iGaming includes online casino, online slots, online poker, online bingo and other online only; online sales of products which are also sold through
physical retail channel included under respective product
Includes gross wagers for State Lottery lottery-style games only (i.e. excludes VLTS /sportsbetting / offshore lottery)
USA
€88bn
2022E lottery wagers ¹,⁹ 9
Cash conversion calculated as (Adj. EBITDA - capex) / Adj. EBITDA; capex = acquisition of property, plant and equipment and intangible assets
Split based on pro rata gross gaming revenue ("GGR"); amount wagered x payout used as proxy for GGR for Lottoitalia; Lottoitalia's revenue consists of
revenue from contract with customers, calculated as 6% of amount wagered
330mm
Total population¹
UK
€9bn
2022E lottery wagers ¹,9
67mm
Total population¹
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