Tag Archives: Goldbet

Highlight Games inks new partnership with Microgame S.p.A

London-based video virtual sports specialist Highlight Games has agreed to supply its virtual sports products to Microgame S.p.A after securing a new partnership with the Italian platform provider.  The agreement will see Highlight Games offer its Soccerbet product featuring Italian and English games in league and single match formats, as well as the NBA Last 60 across Microgame’s retail, online …

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Apollo PE takes majority stake in Gamenet Italia

US private equity fund Apollo Global Management (Apollo) has this morning confirmed that it has acquired a 48.6% stake in Italian gambling group Gamenet SPA. Issuing a market filing, Apollo confirms that it aims to delist the company for its index on the Borsa Milan stock exchange. A former Italian gambling subsidiary of Greek gambling group Intralot SPA, in 2018 …

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AgiproNews’ Italian View: October highs meet an autumn of disillusion

Italian betting and gaming continues to grow, but all incumbents face tough adjustments as the Lega-5Star coalition government maintains its hostile stance against the industry. October Data published by Agenzia delle Dogane e dei Monopoli (ADM) details a further record-breaking month for Italian online gambling. As the sector heads towards its upcoming Lega-5Star blanket ban on all forms of gambling/betting …

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Gamenet expands ‘home profile’ completing GoldBet Italia acquisition

Issuing a market update, Borsa Milan gambling firm Gruppo Gamenet SPA has confirmed the closure of its outright acquisition of betting group GoldBet, completing its €275 million transaction. The deal first announced on 24 July 2018, sees Gamenet secure Italy’s biggest retail betting presence adding +900 new betting points to its existing network, which services +1,700 betting concessions. ‘The Acquisition …

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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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Winning Post – A boost for British horseracing

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. K: betting on horseracing – 2017-18 Levy, the last hurrah? The GB Horserace Betting Levy Board reported an annual income of £95m in 2017/18. This represents a 46% increase on the previous …

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Gamenet aims for Italian top spot with €265 million acquisition of GoldBet

Italian gambling group Gruppo Gamenet SPA has today signed a ‘binding agreement’ to acquire a 100% share capital in betting operator GoldBet offering a deal-value of €265 million (£240 million) Updating the market, Gamenet will move to acquire outright Goldbet’s 990 Italian betting points, and will further gain the firm’s related digital properties. At present, Goldbet is considered Italy’s biggest …

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Winning Post – The implications of Italian regulations

Replatz - Copyright: niroworld / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Italy: commercial gambling – ad ban demonstrates failure to communicate Further to last week’s reports, Italy’s council of Ministers approved the so called ‘Dignity Decree’on Monday which introduced a blanket ban on …

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AgiproNews’ Italian View – Virtual Sports market is heating up

Italian engagement with Virtual Sports betting products is on the rise, as latest industry figures show that gross gaming revenues (GGR) have hit the €42 million. A traditional retail product, Virtual Sports has gained a positive uptake through online betting platforms, as Italian betting operators move to expand their betting content. In the first two months of 2018, bookmakers have …

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AgiproNews’ Italian View: All to play for in growing Italian betting market

The month of February saw significant growth within the Italian betting sector, which generated gross gaming revenues (GGR) of €124 million up a staggering 260% on February 2017 revenue figures. The market share for Italian wallets is closely contested by its licensed incumbents. February saw Group GmbH Austria’s Sks365 brand take the lead with 13% of total sector revenues, from former …

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