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Czech investment group KKCG has sold a small portion of its holding in Allwyn International to J&T Arch Investment, valuing the lottery operator’s share capital at €11.2 billion ($13 billion).
Good to know
- KKCG sold 4.27% of Allwyn for €500 million.
- KKCG still controls 95.73% of the company through Allwyn AG.
- J&T Arch manages assets worth €5.6 billion on the Prague Stock Exchange.
The sale was carried out via KKCG’s wholly owned subsidiary, Allwyn AG. Despite the divestment, KKCG remains the overwhelming majority owner of Allwyn. The company described the move as a way of bringing in additional investors to support future expansion.
KKCG’s chairman and founder Karel Komárek called it an important step for Allwyn:
“This is another significant step for Allwyn. It demonstrates the positive impact of KKCG’s vision and support for the business and investor confidence in Allwyn’s successful growth-led strategy.”
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For J&T Arch, the purchase represents a chance to back one of Europe’s largest lottery operators. Co-founder Patrik Tkáč highlighted the long-standing relationship with Komárek, while investment committee member Adam Tomis said Allwyn’s national lottery operations give it resilience and strong cash flow potential.
The deal is the latest milestone for Allwyn, which has grown from its origins as Sazka Group in the Czech Republic to a global lottery and gaming operator. In recent months, it sold casino assets in Germany and Australia, acquired the remaining minority stake in Stoiximan, and agreed to buy a majority share in Novibet.
At the same time, the company is pushing further into digital. In August, Kresimir Spajic was appointed CEO of Allwyn Digital to lead the next phase of online growth. In the UK, the operator has also started rolling out more than 30,000 new Waves lottery terminals at retail outlets following its takeover of the National Lottery licence in February 2024.
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