The board of Allwyn Entertainment has confirmed an increase in its shareholding in Greek gambling group OPAP SA from 41.2% to 48.1%. An agreement was reached with Yeonama Holdings Co, enabling Allwyn to acquire the ‘remaining minority interest’ in SAZKA Delta Investments – an entity that held 6.9% of OPAP shareholders. The transaction will cost Allwyn Entertainment €327 million and …
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SAZKA confident of European comeback as assets weather COVID-19 storm
Citing novel coronavirus impacts across its European network, Czech gambling and lottery conglomerate SAZKA Group saw its consolidated Q1 revenues decline by 11% to €405m (Q1 2019: €458m). In an overview of Q1 performance, the group cited trading under unprecedented circumstances, in which subsidiaries OPAP Greece, Casinos Austria and LOTTO Italia have been forced to suspend their entire retail presence …
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