Novibet
Novibet is a GameTech operator that provides online sports betting and casino services across regulated markets. The company operates in multiple countries, including Greece, Ireland, Cyprus, Finland, Brazil, Mexico, Chile, Ecuador, and New Zealand.[1]
Allwyn agreed in 2024 to acquire a 51% stake in Novibet’s parent company Logflex MT Holding Limited for €217 million, with additional earnouts of up to €110 million. The transaction was later withdrawn after feedback from the Hellenic Competition Commission following a regulatory review. The companies stated that the remedies discussed with the regulator would not preserve the value of the deal, leading to the joint decision to abandon the acquisition.[2]
Novibet has expanded its iGaming content offering through partnerships with suppliers such as R. Franco Digital, adding new titles to its regulated-market casino portfolio.[3] It has also integrated real-money games in Brazil through Incentive Games, including crash and arcade-style formats designed for mobile-first audiences.[4]
Through additional collaborations, Novibet has further broadened its casino ecosystem by working with Expanse Studios and DEGEN Studios, incorporating their game portfolios into its platform to diversify its content mix across regulated markets.[5][6]
References
- ↑ Novibet Information, rocketreach.co, Retrieved June 3rd, 2026
- ↑ Allwyn abandons Novibet acquisition amid regulator scrutiny, igamingexpert.com, Retrieved June 3rd, 2026
- ↑ Novibet Adds R. Franco Digital iGaming Portfolio, igamingfuture.com, Retrieved June 3rd, 2026
- ↑ Novibet Adds Incentive Games Titles in Brazil, igamingfuture.com, Retrieved June 3rd, 2026
- ↑ Expanse Studios Partners with Novibet to Elevate Global iGaming Experiences, directorstalkinterviews.com, Retrieved June 3rd, 2026
- ↑ Novibet Adds DEGEN Studios Content in iGaming, igamingfuture.com, Retrieved June 3rd, 2026
