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© 2026 KKCG. All rights reserved
© 2026 KKCG. All rights reserved
KKCG’s international gaming entertainment company, Allwyn today successfully completed the business combination of Allwyn International AG and OPAP S.A., two highly successful businesses with a long standing partnership dating back to 2013 when KKCG first invested in OPAP.
Allwyn AG, the combined company, is a leading, diversified gaming entertainment platform and is listed on the Main Market of the Athens Stock Exchange.
Allwyn’s transformation into a global market leader is a powerful example of KKCG’s long-term, value-driven investment strategy.
With the completion of the transaction, Allwyn benefits from:
This platform positions Allwyn to continue to achieve strong organic growth and pursue complementary inorganic growth opportunities, at the same time as delivering attractive returns to shareholders, including material cash distributions.
“Today, Allwyn moves into a new chapter - one that builds on the momentum that already characterizes our business. Over the past 14 years, we’ve shown the significant and sustainable value we create for shareholders, for society, and through the experiences we deliver to players. That progress has been grounded in partnership, trust, and a genuine commitment to innovation. Allwyn has exceptional potential in the rapidly evolving world of consumer entertainment, and we have the strategic clarity, scale, capabilities and ambition to define the future of the industry.”
This is also a major landmark for KKCG. Taking a struggling local business, and turning it into a global champion, a multi-national, multi-billion dollar enterprise – that is testament to the power of KKCG and indicative of how we look at all the businesses in our portfolio, regardless of the sector.
“Allwyn’s development is an excellent demonstration of KKCG’s investment approach: finding new solutions in established industries, and creating an outstanding environment for innovation to flourish, supported by KKCG’s deep capital base and resources, and our extensive networks across markets. Fundamental to that approach is an emphasis on long-term, responsible and sustainable value creation, and that is what will continue to drive Allwyn’s growth into this exciting next chapter.”
Further details on the transaction are available on the Allwyn website, and on Allwyn’s development here.
