Allwyn has decided not to move forward with its planned takeover of Novibet. The company confirmed that the Allwyn Novibet acquisition has been withdrawn from review by Greece’s competition authority. The decision follows feedback received during the regulatory process.

• Allwyn and Logflex MT Holding Limited, the owner of Novibet, jointly withdrew the proposed transaction from the review of the Hellenic Competition Commission (HCC). The deal had previously been submitted for regulatory clearance in Greece. After discussions with the regulator, the parties decided to halt the review process.

• The companies had presented proposals to address potential competition concerns raised during the assessment. However, the regulatory feedback indicated challenges for the transaction to move forward under the current structure. As a result, both sides agreed not to continue pursuing the Allwyn Novibet acquisition.

• Allwyn stated that it remains focused on transactions that provide clear value to its shareholders. Following the regulator’s feedback, the company concluded that continuing the process would not meet that objective. The group therefore no longer expects the Allwyn Novibet acquisition to proceed.

• Allwyn operates as a multinational gaming and lottery group with activities across Europe and North America. The company’s business is built around lottery operations, supported by technology and gaming products. It also focuses on player protection initiatives and contributions to public good causes through its operations.

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