Allwyn Investor Conference Presentation Deck
Simplified business model for UK
Key P&L drivers
A
B
A
D
E
Amounts
wagered
Players
winnings
Contribution
to good causes
O-D-=
●
Costs
●
B C Gross Gaming Revenue (GGR)
Lottery
duty
●
Amount of wagers placed by customers
●
Winners' pay-outs
-GH EBITDA
Contribution to good causes calculated as Surplus¹ (incl. fixed contribution from licencee) less
actual licence share of Surplus
Net Gaming Revenue (NGR)
Calculated as tax base (amount staked) multiplied by rate
Opex
SG&A
(from February 2024)
●
●
Agent commission (variable, calculated as a % of amount staked / NGR)
IT costs from gaming suppliers (partially fixed, partially linked to GGR or NGR)
Other expenses include rental, content fees and other expense (fixed)
Personnel expenses
Marketing expenses (flexible in medium term)
34
1) Surplus calculated as NGR before contribution to good causes less total opex and implementation adjustments, plus non-eligible costs.
●
Cost recovery mechanism also allows
recovery of most up-front costs over the
course of the licence
allwynView entire presentation