Allwyn Acquires 62.3% Majority Stake in PrizePicks

January 16, 2026

Allwyn International AG has completed the acquisition of a 62.3% stake in PrizePicks for $1.533 billion, subject to customary post-closing adjustments and excluding performance-based earnouts. PrizePicks, headquartered in Atlanta, will retain leadership continuity and expand its regulated prediction markets and new product offerings as part of Allwyn's strategy to grow its casual gaming entertainment footprint in the United States.

Buyers
Allwyn International AG
Targets
PrizePicks
Location
Georgia, United States
Transaction Type
Buyout

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