Clifford Chance has advised Allwyn on its acquisition of a majority controlling interest in Logflex MT Holdings Limited.
Allwyn is a multinational lottery operator.
Logflex MT Holdings Limited is the parent company of subsidiaries operating under the Novibet brand. Novibet is an online operator with a technology platform spanning multiple jurisdictions.
According to Clifford Chance, the transaction further enhances Allwyn’s presence in online sports betting and gaming, building on the company’s focus on selective acquisitions that strengthen product offerings and technological capabilities. Allwyn will integrate Novibet to continue innovating in casual gaming entertainment and expand its portfolio of gaming services.
The Clifford Chance team included Prague-based Managing Partner Milos Felgr, Counsels Michal Jasek and Dominik Vojta, Senior Associates Tomas Prochazka, Hana Cekalova, Veronika Kinclova, and Stanislav Holec, and Associates Tomas Kubala and Nikola Svobodova as well as further team members in Munich and London.
Clifford Chance could not provide additional information on the matter.