Allwyn to Acquire Majority Stake in PrizePicks in $1.6B Deal
Allwyn International has struck a landmark agreement to buy a controlling stake in PrizePicks, marking its boldest move yet into the U.S. sports and entertainment market. The multinational lottery operator confirmed it will acquire roughly 62.3% of the Atlanta-based daily fantasy sports (DFS) company for $1.6 billion in cash, giving PrizePicks an upfront enterprise value […]
Allwyn International has struck a landmark agreement to buy a controlling stake in PrizePicks, marking its boldest move yet into the U.S. sports and entertainment market. The multinational lottery operator confirmed it will acquire roughly 62.3% of the Atlanta-based daily fantasy sports (DFS) company for $1.6 billion in cash, giving PrizePicks an upfront enterprise value […]
