Tag Archives: Gamenet

Gamenet issues private €225 million bond seeking swift closure to GoldBet takeover

Borsa Milan-listed gambling firm Gruppo Gamenet SPA has issued a ‘senior non-convertible bond’ valued at approximately €225 million, which will be put forward to private institutional investors. The non-convertible bond will have a maturity date set at 2023 and will be listed on Italian and European-wide bond exchange markets. Updating investors, Gamenet governance details that it will utilise the proceeds …

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International restructure sees Intralot post H1 2016 growth

Updating the market on its H1 2016 performance (period ending 30 June), Athens-listed gambling systems provider Intralot has declared that a reorganisation of international portfolio has helped the company deliver top-line growth. Driven by growth in its markets of US, Turkey and Bulgaria, Intralot would record H1 2016 group revenues of €639 million (H1 2015: €618 million). The improved group …

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Antonios Kerastaris – Intralot envisages ‘best-of- breed’ portfolio for future growth

Addressing shareholders at Intralot’s Annual General Meeting, group CEO Antonios Kerastaris detailed that in order to meet its future growth targets, the gambling technology provider would have to tackle new consumer demands and market conditions by delivering a ‘‘best-of- breed’ product portfolio. Kerastaris gave shareholders a breakdown of Intralot’s recent investment/transactional activity as the company expands its international services. In …

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Intralot Group and Gamenet merger

It has been announced that Intralot Group and Trilantic Capital Partners Europe, the controlling shareholder of Gamenet, have signed a deal which will see the group’s Italian activities merge with Gamenet. Intralot will reportedly control 20% of the combined operations which will see the group become one of the largest operators in the Italian gaming market once the deal is completed. This …

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