Tag: Novibet deal


Allwyn Acquires 51% Stake in Novibet for €217M

Allwyn, a global leader in lottery operations, has unveiled plans to acquire a controlling stake in Novibet, a prominent player in the online gaming and sports betting sector. This acquisition signifies a calculated step by Allwyn to expand its influence in the digital gaming space while fortifying its existing portfolio. The agreement encompasses a 51% stake in Logflex MT Holding, Novibet’s parent company, with the transaction reflecting Allwyn's ambitions to drive innovation and achieve sustained growth in competitive markets....

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