Lottery giant Allwyn announced the completion of its merger with the Greek company OPAP, creating what the former business called “the second-largest listed lottery and gaming operator globally.” As a result of the transaction, Allwyn is now listed on the Athens Stock Exchange.
Allwyn Becomes the Second-Largest Listed Lottery Operator in the World
In its announcement, Allwyn confirmed the successful completion of the planned business combination of Allwyn International and OPAP. The former company said that this transaction brings together two highly successful businesses, expanding their long-standing partnership. For context, Allwyn first invested in OPAP in 2013.
Allwyn added that the combined company, which will go under the name Allwyn, is now an even stronger business that boasts leading market positions across multiple key markets. In addition to that, the resulting company is a highly diversified business in terms of its products, setting it up for future success.
Allwyn emphasized that it is now underpinned by cutting-edge tech and backed by a strong financial profile, allowing it to pursue further growth. Alongside this, the company reaffirmed its ongoing commitment to responsible gambling and shareholder value generation.
Speaking of value generation, Allwyn confirmed its intention to distribute EUR 0.80 per share to shareholders, following the completion of share transactions related to shareholders who exercised their cash exit right. The cash exit is expected to take place in April.
Once that is complete, Allyn will have 770,799,070 shares outstanding, excluding treasury shares.
Allwyn added that it remains on track to redomicile from Luxembourg to Switzerland prior to the end of H1, 2026. In addition to that, the company noted that it also intends to pursue an additional listing, mentioning the London and New York stock exchanges as likely targets.
Allwyn’s Leaders Praised the Milestone
Allwyn representatives celebrated the significant milestone. Karel Komarek, the company’s founder & chair, called the completion of the deal the opening of a “new chapter” that builds on the momentum characterizing the two businesses.
Komarek added that the deal is the culmination of 13 years of trust and commitment to value creation for the players, shareholders, and society as a whole. As a result, the combined entity is poised to go even further and redefine entertainment.
Allwyn has exceptional potential in the rapidly evolving world of consumer entertainment, and we have the strategic clarity, scale, capabilities and ambition to define the future of the industry.
Karel Komarek, founder & chair, Allwyn
Robert Chvatal, Allwyn’s chief executive officer, added that he is very confident that the post-merger Allwyn will be able to drive sustainable growth and value creation. He thanked everyone who supported Allwyn throughout the transaction, which cemented Allwyn as a leading force in lottery gaming.
I would like to thank our shareholders, employees and regulators for their support as we bring together two best-in-class organisations to create the second largest listed lottery and gaming operator globally.
Robert Chvatal, CEO, Allwyn
In other news, Allwyn was recently forced to abandon its Novibet merger plans due to competition concerns.
Lottery giant Allwyn announced the completion of its merger with the Greek company OPAP, creating what the former business called “the second-largest listed lottery and gaming operator globally.” As a result of the transaction, Allwyn is now listed on the Athens Stock Exchange. Allwyn Becomes the Second-Largest Listed Lottery Operator in the World In its