Allwyn AG announced the completion of the business combination between OPAP and Allwyn International AG, which was previously announced in October. The move expands Allwyn’s global lottery and gaming operations, putting the combined gaming platform in a prime position to achieve strong organic growth and pursue inorganic growth opportunities.
Allwyn will benefit from advanced tech, content, digital and innovation capabilities following the transaction, as well as focus on responsible gaming and charitable contributions. The company is listed on the Athens Stock Exchange under the symbol ALWN, and it aims to pursue an additional listing on another international stock exchange, such as London or New York.
“This is a major strategic milestone for Allwyn, and we start our journey as a publicly listed global leader with a strengthened platform, enhanced financial flexibility and a world-class team,” Robert Chvatal, Allwyn CEO, said in a statement. “We are very confident that our leading market positions, high degree of diversification and strong cash generation position us well to drive sustainable growth and continued value creation as we invest in innovation and future opportunities across our markets.”
