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Allwyn Completes Successful Syndication of Acquisition Financing for PrizePicks
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Allwyn International AG announced the successful syndication of a USD 1.5 billion financing for the acquisition of PrizePicks.
The financing comprises a seven-year Term Loan B facility in the principal amount of USD 1000 million, with Allwyn Entertainment Financing (US) LLC as borrower, and a six-year Term Loan A facility with a syndicate of banks in the principal amount of USD 500 million.
The new USD term loan B facility will bear interest at SOFR plus 250bps. Both the new term loan facilities will rank pari passu with the existing debt of Allwyn International AG, Allwyn Entertainment Financing (UK) Plc and Allwyn Entertainment Financing (US) LLC, under the existing intercreditor agreement.
Proceeds from the new facilities, together with cash on balance sheet and facilities already in place, will be used to finance the planned acquisition of PrizePicks and related fees and expenses. On 22 September 2025, Allwyn announced it had entered into a definitive agreement to acquire approximately 62.3% of PrizePicks, the largest daily fantasy sports operator in North America. The initial cash consideration is USD 1.6 billion, subject to customary post-closing adjustments and based on an expectation of nil cash and nil debt at closing. The transaction is expected to close in the first quarter of 2026, subject to the satisfaction of certain closing conditions, including notifications to and/or approvals from applicable regulatory authorities.
Kenneth Morton, CFO of Allwyn, said: âI am very pleased to have successfully syndicated our largest offering to date in the USD institutional term loan B market, demonstrating continued investor support for the Allwyn credit and confidence in our outlook.
âWe are looking forward to the closing of the planned PrizePicks acquisition, an exciting step in our growth strategy and expansion of our footprint in the US market.â
The post Allwyn Completes Successful Syndication of Acquisition Financing for PrizePicks appeared first on European Gaming Industry News.
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Vixio Strengthens Trust and Innovation with ISO 27001 Certification and Next-Generation Workspace Platform
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Vixio, a leading provider of regulatory intelligence and change management solutions, today announced two major milestones: achieving ISO 27001 certification for information security management and launching the latest evolution of Vixio Workspace, the companyâs AI-enabled workspace to help compliance teams simplify compliance processes.
Together, these developments demonstrate Vixioâs continued commitment to helping compliance professionals operate with confidence, efficiency, and trust in an increasingly complex regulatory environment.
Stephen Lovell, Chief Product Officer for Vixio, said:Â âOur clients rely on Vixio to deliver accurate, timely and trusted regulatory intelligence. Achieving ISO 27001 certification and launching our enhanced Workspace platform reflect twin priorities: protecting sensitive information to the highest international standard, and equipping compliance teams with powerful, intelligent tools that simplify regulatory complexity. Weâre turning our tried-and-true horizon scanning into simpler horizon planning capabilities.â
ISO 27001 Certification: Reinforcing Trust and Data Security
ISO 27001 is the globally recognised standard for information security management systems (ISMS), awarded to organisations that meet rigorous criteria for managing and mitigating data risks. The certification covers Vixioâs operations, systems and processes used to deliver its intelligence platforms and client services, ensuring robust controls are in place to protect sensitive information.
This milestone follows a series of investments by Vixio to enhance its infrastructure, data governance, and security frameworks, ensuring clients continue to benefit from reliable, secure and industry-leading regulatory intelligence solutions.
Vixio Workspace: Powering Compliance with Intelligence and Automation
Vixio Workspace, launched in 2025, is an AI-enabled, centralised, collaborative workspace that connects compliance and business strategy, enabling teams to integrate regulatory insight with workflow execution, create a fully auditable trail, and streamline both compliance and go-to-market processes. Since its launch, client feedback and growing market demand to simplify compliance processes have fuelled the next phase of its evolution.
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âWe designed Vixio Workspace to bring order to complexity and replace the old-fashioned spreadsheet systems,â added Lovell. âBy combining Vixioâs trusted intelligence with secure, evidence-based automation, weâre empowering compliance teams to make faster, more confident decisions.â
Vixio has now expanded the tool with new features to help compliance teams manage regulatory change in one place:Â
- Triage Tool (âSmart Inboxâ):Â Available now, the Triage Tool (smart inbox) filters thousands of updates to the few that truly affect users, based on their watchlists, regions, and compliance focus. Using machine learning, it surfaces priority regulatory changes unique to each user.Â
- Vixio API:Â Also available now is a Vixio API, which allows clients to seamlessly connect Vixioâs regulatory intelligence and triage workflow into their own internal tools, dashboards, or compliance systems. This is in addition to Vixio Workspaceâs plug-and-play deployment, which is designed for teams who prefer a fast, low-effort set up rather than custom integrations.
- Requirements Extraction:Â Finally, coming soon, Vixio Workspace will feature a Requirements Extraction tool that allows users to search, snippet, and save passages directly from regulatory sources and documents to build precise compliance evidence.
These enhancements give compliance professionals a centralised, intelligent platform that saves time, reduces regulatory risk, and adapts as regulations and business priorities evolve.
âMy initial reaction to the new Vixio Workspace tool is that I loved it. I think it will solve so many problems for compliance managers and compliance teams, having that single source of truth, having that workflow tool all built into one,â said Anoushka Thompson, Governance, Risk & Compliance Executive.
For these innovations and more, Vixio was recently recognised as a Compliance Solution of the Year at the 2025 International Business Awards and Best RegTech Platform at the FinTech Breakthrough Awards, both awards received for the second consecutive year. These accolades reflect the companyâs continued leadership in delivering secure, intelligent, and transformative regulatory technology solutions to its global client base.
The post Vixio Strengthens Trust and Innovation with ISO 27001 Certification and Next-Generation Workspace Platform appeared first on European Gaming Industry News.
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Evolution launches Red Baron, a strategic crash game with soaring multipliers
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The post Evolution launches Red Baron, a strategic crash game with soaring multipliers appeared first on European Gaming Industry News.
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SiGMA Rome Wrapped: ELA Games Takes the Stage to Share Key Insights
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The post SiGMA Rome Wrapped: ELA Games Takes the Stage to Share Key Insights appeared first on European Gaming Industry News.
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