The sale of some casino businesses will bring in more than €150 million for Allwyn.
Allwyn Stoximan
Allwyn International has said it will sell its land-based casinos in Germany and Australia. It has also bought the last little interest in Stoiximan, an internet operator that focusses on Greece and Cyprus.

Allwyn is expecting to make about €105 million ($122 million) in gross profits from the sale of the casino. The group's Austria sector currently includes reports on German and Australian casino activities.

The deal in Germany includes 10 casinos in Lower Saxony and brought in €67.7 million in gross sales. The deal was finished on July 1 and includes a €16.2 million dividend and €52.5 million in sale profits.

Allwyn also accepted a proposal for the Reef Hotel Casino in Australia on July 11. The bid came through Reef Casino Trust (RCT). Allwyn, which owns 42% of the complex, stated that if the purchase goes through as planned in the first half of 2024, the sale will bring in about €54.0 million.

Allwyn gets the last 15.5% of Stoiximan.
On July 18, Allwyn agreed to buy the last 15.5% of Stoiximan's minority interest. The acquisition is worth €191.6 million in cash and debt, and it was made through OPAP, a subsidiary of the company.

In September 2018, OPAP bought a 36.8% share in Stoiximan. Over the past seven years, it has slowly gained more power. It now owns 84.5% of the business.

If the purchase of the minority interest goes as planned, OPAP would possess Stoiximan completely by the third quarter. The transaction will be paid for with cash and liquidity facilities at OPAP, but it still needs to be approved by the authorities in Cyprus.

Allwyn said, "The deal will give OPAP 100% ownership of Stoiximan." "It fits with Allwyn's plan to get more involved in operations that it doesn't own completely."

"It will also give Allwyn more exposure to the fast-growing online sports betting and iGaming markets, which are a good fit with the group's lottery operations, which are growing steadily."

Nikos Fligos, the CEO of Stoiximan, said, "This milestone marks a new chapter in Stoiximan's journey." We are entirely committed to giving our clients great experiences and creating the future of online gaming in Greece and Cyprus. Our 300-strong team is dedicated and passionate, and they are the reason we are the market leader. 

Digital is helping Allwyn flourish.
After Allwyn's digital growth in the first quarter, the company is moving towards online-focused operations. Group sales rose 6% to €2.24 billion in the first three months of 2025, thanks to development in digital operations.

Digital revenue went up 15% from the same time last year, and it made up 39% of all gross gaming income for the quarter. Even yet, Allwyn still has a large presence in retail, especially in the UK, where it now runs the National Lottery.

Full ownership of Stoiximan will also help Greece and Cyprus grow even more. In the first quarter, revenue in this area was 8% higher, at €616.9 million. This was true for both online and retail sales.

The Austria division, which includes the exiting land-based casinos, also had a 6% increase in revenue, bringing it to €423.6 million. However, Allwyn said that video lottery terminals and casinos were not doing as well, but this was made up for by double-digit growth in numerical lotteries and a solid performance in iGaming.

Allwyn gave a brief report on Q2, indicating that business is going as much as expected. It added that what it called a "unpredictable macroeconomic outlook," which included international trade tariffs, had no "material impact" on demand. Allwyn also said that it doesn't have any significant direct exposure to possible tariff rises.

Allwyn remarked, "In general, demand for our products has stayed strong even when the economy was growing slowly in the past. This is because our prices are low and the average customer spends little, and we have a lot of regular players."

Signing the deal for senior secured notes
Allwyn also signed a new €2.15 billion senior facilities arrangement with a group of foreign banks in the past few weeks. Allwyn will utilise this to refinance an existing syndicated bank, help with ongoing growth goals, and for other business needs.

After that, Allwyn started selling senior secured notes worth a total of €500 million. The money raised, along with funds on hand, will be used to pay off a prior offering in full. The current €500 million in 3.875% senior secured notes is due in 2027.