# Novibet corporate and social expansion in Greece > Live situation record from CLSTR: https://clstr.news/situations/novibet-corporate-and-social-expansion-in-greece > Updated: 2026-08-11T12:41:05.000Z. Sources: 5. Developments: 2. Greek online gambling operator Novibet has initiated a series of strategic developments focused on financial growth and social engagement. In early August 2026, the company secured a three-year financing agreement with Alpha Bank. Group General Manager Nikos Papadoglu stated the deal “marks a significant milestone in our strategic trajectory and strengthens the conditions for the next phase of our growth,” noting that the funding is intended to support international expansion and innovation. Following this financial milestone, Novibet expanded its presence in the Greek sports sector through various social responsibility and sponsorship initiatives. The company served as a Gold Sponsor for The Hellenic Initiative’s Summer Youth Academy, providing basketball training and educational workshops to children. Additionally, Novibet entered a partnership with AEK to serve as the Main Sponsor for the AEK Women’s Football Department for the 2026-2027 and 2027-2028 seasons. ## Timeline ### 2026-08-11: Novibet expands Greek sports involvement through AEK sponsorship and youth programs Novibet is expanding its presence in Greek sports through a sponsorship of AEK's women's football team through 2028 and supporting The Hellenic Initiative's youth academy via its Giant Heart program. 3 sources. https://clstr.news/cluster/novibet-expands-greek-sports-involvement-through-aek-sponsorship-and-youth-programs ### 2026-08-06: Novibet secures three‑year financing deal with Alpha Bank Novibet has signed a three‑year financing agreement with Alpha Bank, boosting its capital flexibility and supporting further growth and international expansion, according to Group General Manager Nikos Papadog​ 3 sources. https://clstr.news/cluster/novibet-secures-threeyear-financing-deal-with-alpha-bank --- Cite as: Novibet corporate and social expansion in Greece. CLSTR, https://clstr.news/situations/novibet-corporate-and-social-expansion-in-greece