{"id":128215,"date":"2026-06-24T12:51:10","date_gmt":"2026-06-24T12:51:10","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/128215\/"},"modified":"2026-06-24T12:51:10","modified_gmt":"2026-06-24T12:51:10","slug":"akcie-allwynu-padaji-doplaci-na-to-i-nejvetsi-cesky-fond","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/128215\/","title":{"rendered":"Akcie Allwynu padaj\u00ed. Dopl\u00e1c\u00ed na to i\u00a0nejv\u011bt\u0161\u00ed \u010desk\u00fd fond"},"content":{"rendered":"

Propad cen akci\u00ed loterijn\u00ed skupiny Allwyn na burze netr\u00e1p\u00ed jen jej\u00edho nejv\u011bt\u0161\u00edho akcion\u00e1\u0159e\u00a0\u2013 skupinu KKCG miliard\u00e1\u0159e Karla Kom\u00e1rka, ale rovn\u011b\u017e i\u00a0fond J&T Arch Investments. Ten toti\u017e loni v\u00a0srpnu z\u00edskal v\u00a0loterijn\u00ed skupin\u011b pod\u00edl p\u0159es vstup do Allwyn International, kter\u00e1 je hlavn\u00edm akcion\u00e1\u0159em skupiny Allwyn (d\u0159\u00edve OPAP). Allwyn International m\u00e1 podle zpr\u00e1vy o\u00a0hospod\u00e1\u0159sk\u00fdch v\u00fdsledc\u00edch za prvn\u00ed kvart\u00e1l ve spole\u010dnosti Allwyn pod\u00edl ve v\u00fd\u0161i 76\u00a0procent.<\/p>\n

\u201eJ&T Arch vlastn\u00ed prost\u0159ednictv\u00edm fondu JTFG Fund IV p\u0159ibli\u017en\u011b 3,5procentn\u00ed pod\u00edl ve spole\u010dnosti Allwyn,\u201c uv\u00e1d\u00ed portfolio mana\u017eer fondu J&T Arch Pavel Hlav\u00e1\u010dek a\u00a0pokra\u010duje: \u201eP\u0159i sou\u010dasn\u00e9 tr\u017en\u00ed cen\u011b akci\u00ed Allwyn a\u00a0po zohledn\u011bn\u00ed dividendy ve v\u00fd\u0161i 0,80\u00a0eura na akcii vyplacen\u00e9 v\u00a0kv\u011btnu leto\u0161n\u00edho roku p\u0159edstavuje leto\u0161n\u00ed v\u00fdvoj investice negativn\u00ed dopad na hodnotu fondu J&T Arch p\u0159ibli\u017en\u011b ve v\u00fd\u0161i 1,25\u00a0procenta.\u201c Vzhledem k\u00a0tomu, \u017ee fond spravuje majetek ve v\u00fd\u0161i p\u0159es 200\u00a0miliard korun, je leto\u0161n\u00ed nep\u0159\u00edzniv\u00fd dopad na hodnotu p\u0159es dv\u011b miliardy korun.<\/p>\n

<\/a><\/p>\n

Fond investoval do Allwyn International zhruba p\u016fl miliardy eur (tehdy 12,3\u00a0miliardy korun). Transakce tehdy ocenila spole\u010dnost ke konci roku 2024\u00a0na 11,2\u00a0miliardy eur.<\/p>\n

S akciemi loterijn\u00ed skupiny Allwyn se obchoduje na ath\u00e9nsk\u00e9 burze a\u00a0v posledn\u00edch m\u011bs\u00edc\u00edch jsou pod tlakem. Od za\u010d\u00e1tku roku ztratily 27\u00a0procent, kdy\u017e se v\u00a0\u00fater\u00fd obchodovaly za cenu okolo 13,7\u00a0eura. <\/p>\n

Allwyn vstoupil na burzu tak, \u017ee se v\u00a0b\u0159eznu slou\u010dil s\u00a0\u0159eckou loterijn\u00ed firmou OPAP, kterou kontroloval. S\u00a0akciemi OPAP se obchodovalo na ath\u00e9nsk\u00e9 burze, na kter\u00e9 z\u016fstaly i\u00a0cenn\u00e9 pap\u00edry nov\u011b vznikl\u00e9 spole\u010dnosti Allwyn. \u201eInvesto\u0159i nevn\u00edmaj\u00ed strategick\u00fd v\u00fdznam transakce. Z\u00e1rove\u0148 se zv\u00fd\u0161ilo zadlu\u017een\u00ed spole\u010dnosti,\u201c komentuje pokles akci\u00ed Tom\u00e1\u0161 Pfeiler, portfolio mana\u017eer spole\u010dnosti Cyrrus. <\/p>\n

Akcie t\u00e1hne dol\u016f rovn\u011b\u017e nep\u0159\u00edzniv\u00fd pohled investor\u016f na cel\u00e9 odv\u011btv\u00ed hazardu. Ob\u00e1vaj\u00ed se toti\u017e, \u017ee s\u00e1zkov\u00e9 kancel\u00e1\u0159e budou trp\u011bt kv\u016fli konkurenci predik\u010dn\u00edch trh\u016f, jako je Polymarket \u010di Kaishi. V\u00a0dob\u011b rostouc\u00edho zadlu\u017een\u00ed st\u00e1t\u016f panuje rovn\u011b\u017e strach, \u017ee by vl\u00e1dy mohly v\u00edce zdanit hazardn\u00ed spole\u010dnosti.<\/p>\n

Ztr\u00e1cej\u00ed tak i\u00a0ostatn\u00ed firmy z\u00a0odv\u011btv\u00ed. Nap\u0159\u00edklad akcie britsk\u00e9 s\u00e1zkovky Entain od za\u010d\u00e1tku roku klesly o\u00a0t\u00e9m\u011b\u0159 t\u0159icet procent.<\/p>\n

Akci\u00edm Allwynu ale mohou pomoci nahoru strategick\u00e9 pl\u00e1ny, kter\u00e9 m\u00e1 skupina KKCG. Ta chce vstoupit s\u00a0akciemi slou\u010den\u00e9 spole\u010dnosti i\u00a0na dal\u0161\u00ed kapit\u00e1lov\u00fd trh. Pravd\u011bpodobn\u011b p\u016fjde o\u00a0Lond\u00fdn nebo New York. Pr\u00e1v\u011b na britsk\u00e9m trhu m\u00e1 Allwyn siln\u00e9 postaven\u00ed, proto\u017ee provozuje tamn\u00ed N\u00e1rodn\u00ed loterii. T\u00edm by se roz\u0161\u00ed\u0159il okruh mo\u017en\u00fdch investor\u016f.<\/p>\n

Mana\u017ee\u0159i si investici chv\u00e1lili<\/p>\n

Investici do Allwyn International si loni pochvaloval spoluzakladatel finan\u010dn\u00ed skupiny J&T a\u00a0p\u0159edseda investi\u010dn\u00edho v\u00fdboru fondu Patrik Tk\u00e1\u010d<\/a>. Podle n\u011bj jde o \u201edal\u0161\u00ed skv\u011bl\u00fd p\u0159\u00edb\u011bh \u010desk\u00e9ho kapit\u00e1lu a\u00a0tuzemsk\u00e9ho l\u00eddra, na jeho\u017e budouc\u00edm v\u00fdvoji se mohou nyn\u00ed na\u0161i investo\u0159i pod\u00edlet\u201c.<\/p>\n

Radost z\u00a0transakce m\u011bli i\u00a0dal\u0161\u00ed mana\u017ee\u0159i J&T Arch. \u201eNa\u0161e portfolio z\u00edsk\u00e1v\u00e1 investici v\u00a0sektoru, kter\u00fd je charakteristick\u00fd odolnost\u00ed v\u016f\u010di ekonomick\u00e9mu cyklu a\u00a0vysokou konverz\u00ed zisku do voln\u00fdch pen\u011b\u017en\u00edch tok\u016f,\u201c komentoval Adam Tomis, \u010dlen investi\u010dn\u00edho v\u00fdboru J&T Arch. Hazardn\u00ed odv\u011btv\u00ed je toti\u017e stabiln\u011bj\u0161\u00ed i\u00a0v hor\u0161\u00edch ekonomick\u00fdch \u010dasech.<\/p>\n

S dohodou byl spokojen\u00fd i\u00a0Kom\u00e1rek. \u201eTato transakce ukazuje d\u016fv\u011bru investor\u016f v\u00a0r\u016fstovou strategii Allwynu (International), kter\u00e1 je zalo\u017eena na vizi a\u00a0podpo\u0159e ze strany mate\u0159sk\u00e9 skupiny KKCG,\u201c prohl\u00e1sil k\u00a0obchodu Kom\u00e1rek.<\/p>\n

<\/a><\/p>\n

V\u00fdsledkov\u011b se ostatn\u011b loterijn\u00ed skupin\u011b Allwyn da\u0159\u00ed. Za prvn\u00ed \u010dtvrtlet\u00ed dos\u00e1hla upraven\u00e9ho provozn\u00edho zisku EBITDA ve v\u00fd\u0161i 443\u00a0milion\u016f eur, kdy\u017e o\u00a0rok d\u0159\u00edve to bylo 358\u00a0milion\u016f eur. \u010cist\u00e9 p\u0159\u00edjmy se pak meziro\u010dn\u011b zv\u00fd\u0161ily z\u00a0991\u00a0milion\u016f eur na 1,2\u00a0miliardy eur.<\/p>\n

Spojen\u00edm loterijn\u00edch byznys\u016f Allwynu s\u00a0\u0159eckou loterijn\u00ed spole\u010dnost\u00ed OPAP<\/a> vznikla druh\u00e1 nejv\u011bt\u0161\u00ed loterijn\u00ed a\u00a0z\u00e1bavn\u00ed skupina na sv\u011bt\u011b obchodovan\u00e1 na burze. Struktura transakce byla pom\u011brn\u011b slo\u017eit\u00e1.<\/p>\n

OPAP toti\u017e nejprve p\u0159esunul sv\u00e9 s\u00eddlo do Lucemburska. Allwyn International do t\u00e9to entity vlo\u017eil sv\u00e1 loterijn\u00ed aktiva krom\u011b akci\u00ed OPAP, kter\u00e9 u\u017e vlastnil. Kombinovan\u00e1 firma se pak p\u0159est\u011bhovala do \u0160v\u00fdcarska.<\/p>\n","protected":false},"excerpt":{"rendered":"Propad cen akci\u00ed loterijn\u00ed skupiny Allwyn na burze netr\u00e1p\u00ed jen jej\u00edho nejv\u011bt\u0161\u00edho akcion\u00e1\u0159e\u00a0\u2013 skupinu KKCG miliard\u00e1\u0159e Karla Kom\u00e1rka,…\n","protected":false},"author":2,"featured_media":26941,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[5001,67,68,156,34662,5003,5002,11376,15949,1148],"class_list":["post-128215","post","type-post","status-publish","format-standard","has-post-thumbnail","category-byznys","tag-allwyn","tag-business","tag-byznys","tag-ceska-elita","tag-jt-arch-investments","tag-karel-komarek","tag-kkcg","tag-loterie","tag-patrik-tkac","tag-sazky"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116805179277491773","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/128215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=128215"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/128215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/26941"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=128215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=128215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=128215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}