Novibet secures three-year debt facility from Alpha Bank
What's the deal? NovibetDealroom has a profile for this one. Try Dealroom → has closed a three-year financing agreement with Alpha BankDealroom has a profile for this one. Try Dealroom → as lead, the online betting and gaming operator announced in August 2026. The deal is structured as debt.
What's the endgame? Novibet says the financing strengthens its capital flexibility, supporting its business plan during a period of steady growth, innovation and international expansion.
Why now? "The successful completion of this agreement is a tangible recognition of the credibility, financial strength and consistency with which we implement our business plan," said Nikos Papadoglou, group general manager of Novibet.
Papadoglou added that the deal lets Novibet accelerate its investments, seize new growth opportunities and continue to create long-term value for staff, partners and shareholders.
The signal: The agreement points to institutional lenders backing Greek gaming operators as they scale internationally, with debt rather than equity funding the next phase of growth.
Read more: Fortune Greece
Image credit: bsterling
