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Allwyn announces €1.6bn senior financing

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Allwyn Announces €335M Accordion Loan Facilities
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Allwyn, the leading global lottery operator, has entered into a new €1.6bn Senior Facilities Agreement with a syndicate of international banks.

Lenders under the Senior Facilities Agreement have committed to provide funding to Allwyn International a.s. (“Allwyn International”) in an aggregate amount of €1.6bn equivalent split across €441m of amortizing term loans due 2027, €441m of bullet term loans due 2028, a €300m revolving credit facility due 2027 and a £380m multipurpose facility available to be drawn as guarantees or term loans maturing in 2027.

Allwyn International will use the proceeds primarily to (i) refinance existing indebtedness including its €623m syndicated loan (including the €243m revolving credit facility), its £380m bank guarantee facility, and up to €300m of other indebtedness, (ii) provide term financing for up front costs ahead of the start of the UK’s Fourth National Licence in February 2024, and (iii) fund its general corporate purposes including shareholder distributions and acquisitions.

The liabilities under the Senior Facilities Agreement will rank pari passu with the existing debt of Allwyn International and Allwyn Entertainment Financing (UK) plc under the existing intercreditor agreement.

Kenneth Morton, Allwyn CFO, commented:

“I am very pleased by the level of interest that the transaction received despite the challenging capital market environment – all our existing banks have increased their commitments and we are happy to welcome several new lenders into our banking group.

“This financing significantly extends our maturity profile, provides us with a flexible financing solution for the up-front costs of the UK National Lottery license and generates additional liquidity to support our further growth and resilience.

“Following our successful issuance of €600m of bonds earlier in the year, this transaction is a further testament to the strength of the Allwyn credit – as demonstrated by our continued strong financial performance – and our consistent delivery on our organic and inorganic growth strategies.”

UniCredit acted as Global Coordinator. Clifford Chance acted as Allwyn’s legal advisor and Allen & Overy as lenders’ counsel.

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Novibet kicks off Irish Jumps season with Fairyhouse sponsorship

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Fairyhouse Racecourse’s first fixture of the new National Hunt season will be sponsored by Novibet.

The online bookmaker, who agreed its biggest ever sponsorship of a horse racing event by becoming the Official Betting Partner of the 2023 Tattersalls Irish Guineas Festival at The Curragh back in May, will sponsor the full card at Fairyhouse on Monday 2nd October and have naming rights to all seven races, entries for which can be found here: https://status.hri-ras.ie/entries/Microsoft_Word__2023_ONOR299.PDF?id=2&v=20230928124002

The meeting looks set to feature high-class novice hurdle prospect Pour Les Filles, whose trainer Gordon Elliott commented: “I am looking forward to the first jumps meeting of the season at one of my favourite local tracks, Fairyhouse.

“I am delighted Novibet are sponsoring the entire card and I hope to relieve them of some of their sponsorship. I hope to have plenty of runners on Monday’s card and I would be looking forward to running Pour Les Filles in The 2nd To The SP Favourite at Novibet Maiden Hurdle.“

The deal marks a first sponsorship for Novibet at Fairyhouse, and Peter Roe, General Manager at Fairyhouse Racecourse, said“We are delighted to welcome Novibet on board as sponsor of our first Jumps fixture of the season. This is a new fixture for us, so it is great to have a new sponsor on board for a fixture that is likely to be informative for the year ahead and an exciting day’s racing.”

Karl Riley, Novibet’s Ireland Country Manager, said: “Stepping into the new Jumps season with sponsorship at one of Ireland’s premier tracks is really exciting. Fairyhouse is a great place to have a presence and we’re very much looking forward to the action getting underway next Monday.”

In addition to their sponsorship of racing in Ireland, Novibet are the proud sponsors of current UK Champion Jump Jockey, Brian Hughes, who provides a regular column: https://www.novibet.ie/blog/horse-racing-tips/brian-hughes.

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BlueChip Partners Expands to Bangladesh: Unlock New Traffic Opportunities

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BlueChip Partners is now welcoming traffic from Bangladesh. As the brand continues to grow, this new geographic expansion comes at a time when we’re prepared to tackle fresh market challenges. Our successful track record in the Indian, Canadian, and European markets made this expansion a logical next step.

The Bangladesh gaming market presents unique opportunities for BlueChip Partners and webmasters looking to benefit from this untapped domain.

With Bangladesh currently investing in its tourism sector and sports infrastructure and boasting a population of 160 million, there’s immense potential for new gaming ventures. The country’s commitment to enhancing its digital infrastructure and emerging focus on sports suggest a promising surge in betting popularity soon.

Given the nascent state of this market, there are diverse strategies to drive traffic. An array of sources can be utilized to achieve optimal results. Collaborating with BlueChip Partners ensures that this growth is complemented with lucrative rewards.

We offer our partners enticing deals, diverse profit models, and a comprehensive starter pack tailored for the target audience. The no negative balance carryover is a standout feature, allowing webmasters to experiment with different traffic strategies.

“Entering new markets is always an endeavor, particularly if they’re unfamiliar with gambling. But we’re optimistic about the growth potential. Armed with a top-tier product and our in-depth expertise, we’re poised to capture this market segment and ensure profitability for our partners. Now’s the ideal time to come aboard and dominate the market together!” — Bogdan Kuiantsev, Head of BlueChip Partners, commented.

BlueChip Partners is the exclusive affiliate program for BlueChip Casino & Sportsbook. Since its inception in June 2022, it has successfully collaborated with over 1000 partners, and the network keeps expanding. BlueChip Partners welcomes traffic from India, Canada, Finland, and Bangladesh across the Casino and sportsbook verticals. For us, the quality of cooperation always trumps sheer numbers. This philosophy underpins our commitment to forging lasting, mutually beneficial partnerships ensuring flexibility in offers, calculations, and tailored materials.

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AdInMo powers-up to advance player-first in-game advertising

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AdInMo, the mobile in-game advertising platform that gets brands into games in a way that players love, has expanded its product team with the appointment of Samuel Siqueira as Director of Data Science and Meraj Kunarajah as Strategic Advisor. Both come from DSP MediaMath and boast years of adtech and buy-side expertise.

The appointments are timed perfectly as AdInMo’s platform pulls further ahead to enrich both its targeting and pioneering audience insights. Its big data solutions are already helping brands and agencies innovate with non-interruptive in-game ad formats while navigating user-tracking changes in the programmatic ecosystem.

Joanne Lacey, COO, of AdInMo said: “In-game advertising is the most innovative emerging ad format because it offers context, audience diversity and incremental reach. AdInMo already collects billions of contextual and behavioural first party data signals to better understand different player audiences that can be reached via mobile games.

Sam and Meraj’s data and buy-side expertise will help us build out our measurement and addressability solutions that are so crucial for advertisers as the clock ticks on cookie deprecation. We are delighted to welcome them both to Team AdInMo.”

Samuel will be responsible for AdInMo’s player insights strategy and will be part of the team focused on data management and reporting, helping brands target the right audiences in a privacy-first way through in-game advertising.

Meraj, former Senior Director and part of the EMEA Leadership Team at Mediamath, is helping AdInMo hone its product and market strategy to meet the buy-side expectations of brands, agencies and DSPs when it comes to emerging ad formats while also championing AdInMo’s player-first purpose.

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