Lottery Giant Allwyn Buys Majority Of PrizePicks In Record Fantasy Acquisition
PositiveSports

In a landmark move, lottery giant Allwyn has acquired a 62.3% stake in PrizePicks for $1.6 billion, with the potential for an additional $1 billion based on performance. This acquisition marks a significant shift in the fantasy sports landscape, as Allwyn aims to leverage its expertise to enhance PrizePicks' offerings. The deal not only underscores the growing popularity of fantasy sports but also highlights Allwyn's commitment to expanding its portfolio in the gaming industry.
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