OPAP: Business merger with Alwyn set for Q2 2026 - New record in revenue
The OPAP management is set to complete its business merger with Alwyn in the second quarter of 2026, marking a new phase in the company's growth with record revenues.
OPAP, the Greek gaming and lottery company, is on track to finalize its merger with Alwyn by the second quarter of 2026, according to CEO Jan Karas. This partnership is part of a strategic move to enhance OPAP's market presence and deliver innovative experiences for customers. Karas emphasized the significance of this merger as a precursor to a new era for OPAP, aiming for robust development fuelled by cutting-edge innovations and social contributions.
Furthermore, following the merger, Allwyn plans to distribute €0.80 per share to its shareholders, in addition to a prior interim dividend of €0.50 per share that was issued last November. This financial strategy reflects the company's commitment to investor returns while preparing for future growth. The merger is expected to bolster OPAP’s financial stability and propel it into a competitive position within the gaming industry.
Reflecting on 2025, Karas highlighted that it was a particularly successful year for OPAP, driven by the outstanding performance of the lottery game 'JOKER,' significant growth in its KINO game, and ongoing expansion in its iGaming activities. These achievements set a solid foundation for the anticipated merger, positioning OPAP for further advancement in the coming years and reinforcing its dedication to innovation and responsible gaming practices.