Announced

Allwyn to acquire a 62.3% stake in PrizePicks in a $2.6bn deal.

Synopsis

Allwyn, a lottery-led gaming entertainment company, agreed to acquire a 62.3% stake in PrizePicks, a daily fantasy sports platform, in a $2.6bn deal. "This acquisition will continue to drive Allwyn's momentum and expand our business in the United States. PrizePicks has established its credentials as an industry pioneer, revolutionising the way fans engage with the athletes they love, making the contests more thrilling and immersive. We are excited to work with PrizePicks to shape the future of this new frontier in casual entertainment," Karel Komarek, Allwyn Founder and Chair.

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MergerLinks - Allwyn to acquire a 62.3% stake in PrizePicks in a $2.6bn deal.