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Dot Esports
Dot Esports
Titas Khan

Allwyn splashes $2.5b on fantasy sports betting company PrizePicks

Allwyn International AG has finalized a landmark $2.5 billion agreement to secure a majority stake in PrizePicks, North America’s largest daily fantasy sports platform.

This acquisition marks Allwyn’s most significant U.S. investment to date and positions the European lottery powerhouse as a major force in the rapidly growing sports entertainment market. For PrizePicks, the deal brings new opportunities to scale its innovative platform with the backing of Allwyn’s global expertise and resources.

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