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Weekend Briefing: Allwyn Issues $550 Million in Bonds, Tabcorp Signs Licensing Agreement, Codere Launches Poker in Mexico

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·Mars

In recent days, the global gaming industry has been bustling: Allwyn successfully completed the issuance of 550 million euros in senior secured notes, providing funds for cash compensation related to the merger with OPAP; Tabcorp reached a long-term media rights agreement with the Victoria Racing Club; Codere Online launched a poker app in Mexico in partnership with Playtech; Octoplay entered the Brazilian market through collaboration with Superbet. Although these actions are spread across different sectors, they collectively point to a trend—leading companies are consolidating their positions through capital operations, content cooperation, and technology integration. Want to stay updated with the latest trends in the global gaming industry? PASA's official website continues to gather key information for you.

First, Allwyn issues 550 million euros in bonds, paving the way for the merger with OPAP

Allwyn International has completed the previously announced issuance of senior secured notes, with the final amount increased from the initial 500 million euros to 550 million euros, with a coupon rate of 4.625%, maturing in 2031. The funds raised will be used to pay shareholder cash compensation related to the merger with OPAP—about 456 million euros will be paid to OPAP shareholders who choose to exercise their exit rights.

Chief Financial Officer Kenneth Morton stated that the strong demand in the bond and institutional loan markets "once again confirms the market's confidence in Allwyn's business, the merger strategy with OPAP, and the post-merger entity's listing."

Second, Tabcorp signs a long-term rights agreement with the Victoria Racing Club

Tabcorp and the Victoria Racing Club announced a long-term rights cooperation covering domestic, international, and digital media. According to the agreement:

Sky Racing will become the exclusive international distribution partner and exclusive linear channel distributor for the Victoria Racing Club

Sky will continue to broadcast Victoria thoroughbred horse races through Foxtel in TAB retail stores and homes

Victoria thoroughbred horse races will also be distributed through the TAB App and domestic digital services

Tabcorp Chief Commercial and Media Officer Jarrod Villani stated that this cooperation is expected to reach "more audiences than ever before," promoting industry growth.

Third, Codere Online partners with Playtech to launch a poker app in Mexico

The mobile poker app developed by Codere Online in partnership with Playtech has been launched in Mexico, designed specifically for iOS systems. The app directly accesses Playtech's player-to-player poker network, allowing Mexican players to compete in real-time against users from multiple operators.

Codere Online Chief Marketing Officer Alberto Telias stated that launching the poker app is a "key step in fulfilling the commitment to provide all major online gaming categories to users," and through cooperation with Playtech, it brings a high-liquidity quality platform to players.

Fourth, Octoplay enters the Brazilian market through Superbet

Game provider Octoplay has officially entered the Brazilian market through cooperation with Superbet. Superbet players will be able to experience a range of online casino games from Octoplay. This cooperation is built on the existing partnership between the two parties in Europe.

Octoplay Business Development Director Ralitsa Georgieva stated that this marks a "historic beginning of the company's expansion in South America," laying a solid foundation for continued growth in Latin America. Octoplay currently holds licenses in the UK, New Jersey, Michigan, Ontario, Italy, Spain, Sweden, the Netherlands, Denmark, Belgium, Greece, Romania, Malta, and Slovakia.

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This article is from "PASA-Global iGaming Leaders," a gaming industry news channel: https://t.me/pasa_news

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