Mar 4 • 07:23 UTC 🇬🇷 Greece Naftemporiki

OPAP: Business combination with Alwyn in Q2 2026 – New revenue record

OPAP plans to finalize a business combination with Allwyn by Q2 2026, anticipating significant growth and new revenue records.

OPAP's management is set to complete a business combination with Allwyn by the second quarter of 2026, as stated by CEO Jan Karas. This strategic move marks a significant phase in OPAP's growth trajectory, complemented by a commitment to innovation and social initiatives. Karas outlined that upon completion, Allwyn shareholders will receive a payout of 0.80 euros per share. This follows an interim dividend of 0.50 euros per share distributed last November, indicating a strong financial foundation for OPAP and its continued partnership with Allwyn.

In discussing the financial performance for the fiscal year 2025, Karas highlighted the company's remarkable success driven by products like JOKER and KINO, along with a substantial increase in online gaming activities. The growth in iGaming was noted, contributing 32% to OPAP's Gross Gaming Revenue (GGR) at year-end, marking a record high for the company. These results place OPAP in a favorable position as it gears up for the forthcoming business combination, implying robust shareholder confidence and market potential.

The anticipated collaboration with Allwyn is framed as the commencement of a new era for OPAP, seeking to enhance its market share through innovative entertainment offerings and a dedication to social contribution. This partnership could translate into transformative industry dynamics, propelling OPAP into a leadership position within the gaming sector, aligning with modern consumer expectations and regulatory frameworks.

📡 Similar Coverage