OPAP: The business merger with Alwyn will be completed in Q2 2026 - New revenue record
OPAP's management aims to finalize its merger with Allwyn by the second quarter of 2026, alongside record revenues.
OPAP is progressing towards its business merger with Alwyn, with CEO Jan Karas stating that the deal is expected to be completed by the second quarter of 2026. This merger is significant for OPAP as it marks a new chapter in the company's growth, highlighting Allwyn's commitment to innovation and social contributions. Following the merger's finalization, Allwyn intends to distribute €0.80 per share to shareholders, adding to the already paid €0.50 per share interim dividend from the previous November.
Karas emphasized the successful economic year of 2025 for OPAP, attributing the positive results to the outstanding performance of the Joker game, robust growth in KINO, and continuous expansion of iGaming activities. The integration with Allwyn is seen as a catalyst for OPAP's future developments and market competitiveness. The collaboration promises to introduce new entertainment experiences and innovations, further solidifying OPAP's role in the gaming industry.
The news comes as Greece's gaming sector continues to evolve, with increasing focus on both technological advancements and responsible gaming practices. As OPAP and Allwyn prepare for their merger, the potential for a refreshed approach to gaming and leisure initiatives in Greece is anticipated, which could reshape consumer engagement and revenue streams across the industry.