Allwyn & OPAP Unite: World's 2nd Largest Lottery Operator Emerges

• Allwyn and OPAP have approved a business combination through an all-share transaction, valuing the combined entity at €16 billion, which will be renamed Allwyn.
• The merger creates the second largest listed gaming entertainment company globally, enhancing market positions across Europe and the U.S.
• Allwyn currently owns 51.78% of OPAP, and the transaction is expected to provide OPAP shareholders with growth, diversification, and access to advanced technology.
• The combined company will remain listed on the Athens Stock Exchange and plans to pursue additional listings in London or New York.
• Following the merger, OPAP will change its consumer brand to Allwyn in Q1 2026, reflecting a commitment to innovation and customer engagement.
• The transaction is subject to shareholder approval and regulatory conditions, with completion expected in the first half of 2026.