Allwyn International has secured a $500m accordion facility underwritten by a ‘syndicate of international banks’. The $500m facility will be made available to the global lotteries group for a period of six years, as part of the firm’s existing Senior Facilities Agreement (SFA). Allwyn will use the proceeds to finance its planned investment in Instant Win Gaming, announced in February …
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Growth hungry SAZKA appoints Kenneth Morton as new CFO
Czech gambling conglomerate SAZKA Group has confirmed the appointment of Kenneth Morton as Chief Financial Officer (CFO), effective from 1 February 2020. Morton is the former Head of Corporate Finance for SAZKA Group’s main investor KKGC – a private equity vehicle led by Czech billionaire Karel Komarek. As a KKGC executive, Morton is reported to have spearheaded a number of …
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