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Allwyn AG merges with OPAP, becomes lottery leader

Mar 25, 2026

Acquiring Company

Allwyn

Acquired Company

OPAP

LucerneGreeceGamingGamblingGaming

Description

Allwyn AG has successfully completed its merger with OPAP, becoming the second largest publicly listed lottery and gaming company worldwide. The merger transaction values Allwyn AG at €5.05 billion. With this merger, Allwyn is poised for significant growth and innovation within the gaming market. The company plans to redomicile its headquarters and explore additional international listings.

Quick answer

Allwyn is acquiring OPAP, announced March 25, 2026. Allwyn is based in Lucerne, Canton of Lucerne, Switzerland.

How much did Allwyn pay for OPAP?
The deal value was not disclosed.
What does Allwyn do?
Allwyn is a multi-national gaming entertainment company, lottery-led and with leading market positions and trusted brands across Europe and North America.
Where are Allwyn and OPAP based?
Allwyn is based in Lucerne, Canton of Lucerne, Switzerland. OPAP is based in Greece.
Who are the decision-makers at Allwyn?
Fundz holds 3 contacts at Allwyn. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Gaming and Gambling

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Allwyn

Location

Lucerne, Canton of Lucerne, Switzerland

About

Allwyn is a multi-national gaming entertainment company, lottery-led and with leading market positions and trusted brands across Europe and North America. Our purpose is to make play better for all by focusing on innovation, technology, player safety and returning more to good causes across a growing casual gaming entertainment portfolio.

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Related People

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Ioannis
Senior decision-maker at this company
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Fredrik
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Frequently asked

Who acquired OPAP?

OPAP was acquired by Allwyn, based in Lucerne. The deal was reported on March 25, 2026. Allwyn is a multi-national gaming entertainment company, lottery-led and with leading market positions and trusted brands across Europe and North America. Allwyn is privately held and operates in Gaming.

When did Allwyn acquire OPAP?

Allwyn's acquisition of OPAP was reported on March 25, 2026. Allwyn AG has successfully completed its merger with OPAP, becoming the second largest publicly listed lottery and gaming company worldwide. The merger transaction values Allwyn AG at €5.05 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does OPAP do?

OPAP is a prominent gaming company in Greece with a strong heritage. It operates lotteries and gaming services across the country. The company has been a key player in the gaming market and aims to leverage its partnership with Allwyn for future growth. It is privately held, operating in Gaming, and is based in Greece.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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