{"id":9963,"date":"2025-10-14T02:47:50","date_gmt":"2025-10-14T02:47:50","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2025\/10\/14\/allwyn-merges-with-opap-to-form-global-lottery-giant\/"},"modified":"2025-10-14T02:47:50","modified_gmt":"2025-10-14T02:47:50","slug":"allwyn-merges-with-opap-to-form-global-lottery-giant","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/10\/14\/allwyn-merges-with-opap-to-form-global-lottery-giant\/","title":{"rendered":"Allwyn Merges with OPAP to Form Global Lottery Giant"},"content":{"rendered":"<div>\n<p>Allwyn has confirmed a major merger with Greek gaming group OPAP, forming one of the largest listed entertainment companies in the world. The move builds on a decade-long partnership and strengthens Allwyn\u2019s reach across Europe and North America.<\/p>\n<hr>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>The deal values the combined group at around $18.56 billion.<\/strong><\/em><\/li>\n<li><em><strong>The merged company will continue trading on the Athens Stock Exchange, with plans to list in New York or London.<\/strong><\/em><\/li>\n<li><em><strong>KKCG, led by Karel Komarek, will retain 85% voting rights under the new structure.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Allwyn said the merged company will operate under a single brand and benefit from a unified technology and content strategy. For investors, it marks a consolidation of two profitable gaming giants into one major force in the lottery and digital entertainment market.<\/p>\n<p><em>\u201cAllwyn\u2019s combined strength and scale, along with OPAP\u2019s loyal player base, will accelerate innovation and international growth,\u201d<\/em> said Allwyn founder and chair Karel Komarek. <em>\u201cWe\u2019re on a mission to build the world\u2019s leading global gaming entertainment company, and today\u2019s transaction takes us one step closer to that goal.\u201d<\/em><\/p>\n<h2>A Partnership Years in the Making<\/h2>\n<p>Allwyn has held a controlling stake in OPAP since 2013. The two firms have long collaborated in lotteries across Greece, Cyprus, and Central Europe. Following the merger, Allwyn shareholders will own 78.5% of the new company, while OPAP\u2019s investors will hold 21.5%.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Regulatory and shareholder approvals are expected before Q1 2026, when the transaction is set to close. Around the same time, OPAP will officially rebrand under the Allwyn name.<\/p>\n<h2>Expanding a Global Lottery Network<\/h2>\n<p>Allwyn operates the UK National Lottery, as well as lotteries in Austria, Italy, Czech Republic, Illinois, and Michigan. OPAP\u2019s stronghold remains in Greece and Cyprus, where it manages both retail and online gaming operations.<\/p>\n<p>According to Allwyn CEO Robert Chvatal, the deal reflects a shared ambition to build an entertainment company powered by technology and data.<em> \u201cSince being founded 13 years ago, we have grown substantially in scale and innovation. With this combination, we will be able to grow further, faster as we deploy Group-wide know-how, a unified brand and sponsorship strategy, and in-house technology and content,\u201d<\/em> he said.<\/p>\n<h2>Financial Outlook and Future Plans<\/h2>\n<p>Allwyn recently purchased a <a href=\"https:\/\/igaming.org\/sports-news\/allwyn-secures-majority-stake-in-prizepicks\/\">62.3% stake<\/a> in U.S. fantasy sports operator PrizePicks for $1.6 billion, valuing the platform at $2.5 billion. The company reported \u20ac1.9 billion ($2.2 billion) in revenue for its last fiscal year and projects a double-digit EBITDA CAGR from 2024 to 2026, exceeding OPAP\u2019s standalone forecast.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>OPAP CEO Jan Karas called the merger <em>\u201ca natural next step,\u201d<\/em> adding,<em> \u201cThis exciting combination creates a leading gaming company with strong Greek heritage, as well as a continued presence and listing in Greece.\u201d<\/em><\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/allwyn-merges-with-opap-to-form-global-lottery-giant\/\">Allwyn Merges with OPAP to Form Global Lottery Giant<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Allwyn has confirmed a major merger with Greek gaming group OPAP, forming one of the largest listed entertainment companies in the world. The move builds on a decade-long partnership and strengthens Allwyn\u2019s reach across Europe and North America. Good to Know The deal values the combined group at around $18.56 billion. The merged company will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9963","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9963"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9963\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}