Allwyn Finalizes Merger with OPAP and Begins Trading on Athens Stock Exchange
Allwyn Emerges as a Leading Global Lottery Operator
Allwyn, a prominent name in the lottery industry, has officially completed its merger with Greece’s OPAP, resulting in the creation of what is now considered the world’s second-largest publicly traded lottery and gaming enterprise. Following this merger, Allwyn is listed on the Athens Stock Exchange, marking a significant expansion in its market presence.
Merging Strengths for a Diverse and Innovative Future
This union combines two well-established companies with a history of collaboration dating back to Allwyn’s initial investment in OPAP in 2013. The integration not only consolidates their market positions but also enhances their product diversity across multiple key territories. The new Allwyn company leverages advanced technology and a strong financial foundation to support ongoing growth initiatives.
An emphasis on responsible gambling remains a core commitment, alongside delivering substantial shareholder value. Following the merger, Allwyn announced it plans to distribute a dividend of EUR 0.80 per share to its investors once certain cash exit transactions are finalized, expected by April. Post these transactions, Allwyn will have 770,799,070 shares outstanding, excluding treasury shares.
Looking ahead, the company aims to relocate its legal domicile from Luxembourg to Switzerland by mid-2026 and is exploring additional stock exchange listings, with the London and New York exchanges considered primary candidates.
Leadership Reflects on Merger Milestone
Allwyn’s leadership highlighted the merger as a transformative step for the company’s future. Founder and Chair Karel Komarek described this event as the start of an exciting new chapter forged through years of mutual trust and dedication to value creation for players, shareholders, and society. He expressed strong confidence in Allwyn’s capacity to innovate within the evolving entertainment landscape.
“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
CEO Robert Chvatal also conveyed his assurance about the company’s prospects for sustainable growth and value generation. He extended gratitude to all stakeholders who supported the merger, which solidified Allwyn’s position as a premier player in the lottery gaming market.
“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
Additional Updates
It is worth noting that Allwyn recently discontinued its merger plans with Novibet due to concerns related to competition regulations.
