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UK National Lottery operator Allwyn merges with Greece’s OPAP in £13.9B all-share deal to form global gaming giant.
Allwyn International, operator of the UK National Lottery, has agreed to merge with Greece’s OPAP in a £13.9 billion all-share deal, creating a new global gaming company also named Allwyn.
The merged entity, headquartered in Switzerland, will retain OPAP’s Athens listing and pursue a secondary listing in London or New York.
Allwyn will own 78.5% of the new company, with OPAP holding 21.5%, and the combined business will become the world’s largest listed lottery firm and second-largest listed gaming company.
The deal, expected to close in early 2026, aims to drive innovation and international expansion through shared technology, content, and a unified brand.
Czech investor Karel Komarek’s KKCG will remain the largest shareholder.
El operador de la Lotería Nacional del Reino Unido, Allwyn, se fusiona con la OPAP de Grecia en un acuerdo de 13.900 millones de libras esterlinas para formar un gigante mundial del juego.