Allwyn completes redomiciliation to Switzerland

Allwyn AG‘s legal relocation to Switzerland has been finalised following the completion of its merger with Greek lottery and gaming operator OPAP.

The move had been in the works for some time. Allwyn has its roots in the Czech Republic, but the European lottery giant was previously domiciled in Luxembourg, despite its operational headquarters having been in Lucerne, Switzerland, since 2020.

This period spanned the rebrand from Sazka to Allwyn, though the company has recently entered a post-merger era and the new entity needed to be domiciled somewhere sensical.

The result is that the company has retained its corporate name of Allwyn AG, as well as OPAP’s listing on Euronext Athens, but for the first time operational and legal positioning will be brought into alignment.

Approving the resolution

At the first Ordinary General Meeting (OGM) and Extraordinary General Meeting (EGM) since the completion of the merger, an official transfer of the company’s registered office from Luxembourg to Switzerland was discussed.

This proposal, along with all other resolutions, were adopted across the two meetings.

Following that specific approval on 12 May 2026, the company has now completed what is called the “cross-border conversion process.” 

It’s a process which Allwyn said: “constitutes the final step in the implementation of the previously announced business combination transaction with OPAP.”

The final step

Indeed, the merger, which immediately created the newly combined entity as one of the world’s largest listed global gaming entertainment companies by valuation, was first announced in October 2025.

It was completed in March 2026. The deal did not come out of nowhere however as the two companies have a long history of connection.

KKCG, the controlling shareholder of Allwyn, invested in the Greek operator in 2013, and already owned 51.78% of the company before the activity of the past few months came to pass.

Its a deal that has brought to fruition Allwyn’s long-held strategic ambition to achieve a public listing.

Since Q4 2025, the share price of that listing has trended sharply down – the year to date has yielded a 33% dip.

There are early signs of a turnaround, however, with the stock rising 6% over the past five days.

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