Allwyn agrees to sell Reef Casino Trust stake and buy remaining Stoiximan shares
Allwyn completed the sale of ten casinos in Germany for gross proceeds of €67.7 million and accepted an off-market offer for its 42% stake in Australia’s Reef Hotel Casino, the report said. The €54 million Australian sale awaits regulatory approvals and is expected to complete in the first half of 2026. Allwyn also agreed to acquire Stoiximan’s remaining 15.51% for €191.6 million, subject to Cypriot approval, with completion expected in Q3 2025.
The Reef sale awaits regulatory approval, while the Stoiximan acquisition awaits Cypriot approval.