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The offer for an additional 2.9% stake in the company gives shareholders an alternative to Novomatic's existing takeover bid.
The operator also went on to announce the launch of DraftKings Predictions, a mobile application set to debut in the 'coming months' as a result of the acquisition.
The agreement represents a significant expansion for the Czech-based operator into Southeast Europe and has been described as one of Montenegro's largest foreign direct investments in recent years.
Allwyn becomes world's largest listed lottery company and second-largest gaming operator in the latest deal that marks the latest in a trend of gaming and lottery mergers.
Genting Berhad has announced a conditional voluntary takeover offer for all remaining ordinary shares in its subsidiary Genting Malaysia Berhad, with a cash offer price of RM2.35 ($0.56) per share.
Operator receives €1.53bn cash and becomes 58% shareholder in combined iGaming and lottery entity.
Industry giant enters digital vertical combining land-based and online gaming.
The acquisition provides CasinoRIX with a direct presence in New Zealand, retaining Innovate Change's local team.
Mixi Australia has increased its voting power to 66.43% following its off-market offer.
Of the total, €460m comes from a six-year senior secured term loan provided by institutional lenders, while the remaining €200m was raised through a four-year amortisation term loan involving several Greek banks.
