KKCG Offloads 4.27% Allwyn Stake

Czech investment company KKCG announced that it has sold a 4.27% stake in its subsidiary, the leading lottery operator Allwyn International. The buyer of the stake was J&T ARCH Investments, a Prague Stock Exchange-listed investor fund.

J&T ARCH Joins Allwyn’s Investor Lineup

According to the announcement, the Czech investment firm KKCG has sold the 4.27% stake in Allwyn for EUR 500 million in a deal that values the latter company’s total share capital at EUR 11.2 billion. The transaction reflects Allwyn’s continued strength and importance to the broader KKCG entertainment portfolio.

Originally founded as Sazka in 2011, Allwyn has experienced tremendous growth in recent years and has even become the new custodian of the United Kingdom’s National Lottery. With an annual adjusted EBITDA of some EUR 1.5 billion in 2024 alone, Allwyn has proven a force to be reckoned with.

The sale of the 4.27% stake in Allwyn was hailed as an important milestone since it will diversify its investor lineup, providing it with more allies interested in its continued prosperity. For J&T ARCH, meanwhile, this purchase represents an opportunity to capitalize on Allwyn’s ongoing success.

The Culmination of Years of Business Relations with Karel Komárek

Karel Komárek, founder of KKCG and Allwyn chair, hailed J&T ARCH’s purchase of a stake as “a significant step for Allwyn.” He added that the agreement demonstrates the positive impact of KKCG’s vision and investors’ confidence in Allwyn’s growth strategy.

I see many opportunities ahead for significant and sustainable value creation for Allwyn and I’m delighted that a wider range of investors can now join us on that journey.

Karel Komárek, CEO, KKCG

Robert Chvátal, Allwyn’s CEO, was likewise pleased with the transaction, which cemented Allwyn as a global leader in entertainment.

Patrik Tkáč, chair of the J&T ARCH Investments Committee, also commented on the deal, saying that his team’s decision to become one of Allwyn’s investors was “the culmination of many years of business relations with Komárek.

This is another great story of a leading Czech entrepreneur’s business, and the opportunity for our investors to participate in its future growth.

Patrik Tkáč, chair of the J&T ARCH Investments Committee

Finally, Adam Tomis, another member of the J&T ARCH Investment Committee, added that Allwyn has a unique geographical footprint and significant opportunities for further growth, making the stake in the Czech lottery giant a major addition to J&T’s portfolio.

In the meantime, Allwyn’s Britain-facing subsidiary, Allwyn UK, continues its efforts to modernize The National Lottery.