So why does the photon-sphere does not have an ellipsoidal form?
It does have an an ellipsoidal form, or, more exactly, that of an oblated sheroid; in Boyer Lindquist coordinates where
$${x} = \sqrt {r^2 + a^2} \sin\theta\cos\phi \ , \ \ {y} = \sqrt {r^2 + a^2} \sin\theta\sin\phi \ , \ \ {z} = r \cos\theta$$
the r-coordinate of all the possible photon orbits is constant, but if you transform the pseudospherical coordinate system into the cartesian background space the constant r does indeed transform into an ellipsoid.
For comparison see the ergospheres and horizons of a rotating black hole in pseudospherical $r, \theta, \phi$ (left, for comparison see Fig. 3 in Nigel Sharp's paper "On embeddings of the Kerr geometry") and $x,y,z$ (right, comparison at Fig. 3 in Matt Visser's paper "The Kerr spacetime: A brief introduction" ) coordinates:
While the horizons have a constant $r$ in Boyer Lindquist coordinates, they don't have a constant $R$ in cartesian coordinates. That of course also goes for photon orbits:
As you can see, the shape of the photon trajectory in cartesian background space is not sperical, but an oblated spheroid. In Fig. 4 of Edward Teo's paper "Spherical photon orbits around a Kerr black hole" (pdf), you can find the same orbit, but in pseudospherical Boyer Lindquist coordinates, where the orbit looks spherical again.