Allwyn International has announced the sale of German and Australian casino assets and the acquisition of the remaining 15.51% minority interest in Stoiximan, the leading online sports betting and iGaming business in Greece and Cyprus.

Sale of German and Australian casino assets: We have sold our casino operations in Germany and agreed the sale of our casino operations in Australia, which are under our subsidiary Casinos Austria International. Gross proceeds are expected to be approximately €105 million.

Acquisition of remaining minority interest in Stoiximan: On 18 July, our subsidiary OPAP S.A. (“OPAP”), operator of Allwyn’s Greece and Cyprus segment, announced the acquisition of the remaining 15.51% minority interest in Stoiximan, from its founder-shareholders.

Cash consideration is €191.6 million on a cash-free debt-free basis, plus an adjustment for net cash as of the closing date.