From 2cec3bd1e7f1c77a130d1f314254d187751e070b Mon Sep 17 00:00:00 2001 From: alenatae659069 Date: Wed, 29 Apr 2026 19:23:52 +0800 Subject: [PATCH] Add Allwyn Cements PrizePicks Majority Ownership --- Allwyn-Cements-PrizePicks-Majority-Ownership.md | 15 +++++++++++++++ 1 file changed, 15 insertions(+) create mode 100644 Allwyn-Cements-PrizePicks-Majority-Ownership.md diff --git a/Allwyn-Cements-PrizePicks-Majority-Ownership.md b/Allwyn-Cements-PrizePicks-Majority-Ownership.md new file mode 100644 index 0000000..5f55813 --- /dev/null +++ b/Allwyn-Cements-PrizePicks-Majority-Ownership.md @@ -0,0 +1,15 @@ +
Allwyn has actually cemented its standing in the B2C side of the American betting, video gaming and home entertainment areas by [completing](http://yukimotoratv.com/blog/another-blog-post) its [majority acquisition](https://ylink.pro/jilldenny4367) of PrizePicks.
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The Swiss-based firm is now the complete owner of 62.3% [PrizePIcks](https://tinyurl.ee/galeynk1509602) shares, [relating](https://kaamkaaziclub.com/read-blog/2291_the-bet-9ja-promotion-code-2026-is-yohaig.html) to a stake of just under $1.6 bn - though it is still based on some [post-closing adjustments](https://gratisafhalen.be/author/amadoconnah/) and does not consist of specific performance-based [earnouts](http://119.3.29.1773000/layneh96050532/the-bet9ja-promotion-code-for-2026-is-yohaig/wiki/The-Bet-9JA-promotional-code-2026-is-YOHAIG).
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Regards to [Allwyn's bulk](https://searl.co/murraytidwell8) stake in [PrizePicks](http://47.102.215.21246846/gidgethouck38/the-bet-naija-promo-code-2026-is-yohaig/wiki/The+Bet9ja+promo+code+2026+is+YOHAIG) were very first inked back in September 2025 in an offer which valued the American day-to-day [fantasy](https://lius.familyds.org3000/tresatedesco09) sports (DFS) at around $2.5 bn.
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Prior to the accusation, Allwyn was active in the US but its operations there were largely B2B, alongside its agreement to handle the Illinois state [lottery game](http://gitlab.ndda.fr/edwardpence55/the-bet-naija-promo-code-2026-is-yohaig/-/issues/1).
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"We are thrilled to support and take part in the next stage of PrizePicks' growth," said Robert Chvatal, CEO of Allwyn.
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"This investment advances Allwyn's technique to construct a varied global entertainment platform and significantly enhances our presence in the United States.
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"I look forward to working carefully with Mike and the gifted PrizePicks group to provide much more [compelling experiences](http://39.171.252.633000/tommywonggu75/the-bet-9ja-promo-code-for-2026-is-yohaig/wiki/The-BET-9Ja-promotion-code-this-2026-is-YOHAIG) for fans worldwide."
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Allwyn's stake in predictions
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The acquisition of PrizePicks has actually developed Allwyn as one of the world's most dominant gaming PLCs - it is now the second biggest gambling PLC globally after Flutter Entertainment and the biggest noted lottery game company in the world.
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This status was later on reaffirmed by Allwyn's merger with OPAP, the operator of the Greek nationwide lottery game and a major sports wagering business in the Mediterranean nation. Allwyn and its moms and dad company KKCG already maintained a stake in OPAP prior to this.
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Since terms were concurred for a bulk takeover, PrizePicks has actually continued to concentrate on product development and expansion into new areas. The firm is currently among the 2 biggest DFS platforms in the US, alongside Underdog Sports.
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It now has brand-new horizons on its mind, however. Almost right away after Allwyn acquired its bulk stake in PrizePicks, the DFS platform began taking the essential regulatory actions to enter the US predictions markets area, and in November it penned handle Kalshi and Polymarket to release its own predictions platform.
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As predictions are controlled by the Commodity Futures Trading Commission (CFTC), PrizePicks is efficiently able to run this item nationally.
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The company has taken its Team Picks, a sports team-based outcome form of forecasts extremely comparable to traditional win/lose sports betting markets, reside in 30 states and the District of Columbia. It also has a 'Culture Picks' item, focusing on entertainment and cultural occasions.
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Mike Ybarra, CEO of PrizePicks, included: "Today marks a specifying moment for PrizePicks. Allwyn's worldwide scale, functional expertise, and [long-lasting approach](https://factrealestate.com/author/denisha159009/) make them a perfect partner as we [continue](https://chimali2023.it/the-bet-9ja-promotion-code-this-2026-is-yohaig/) to grow and [develop](http://doolpin.top/shereecarpenti).
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