Tag Archives: Newgioco

Mike Ciavarella: No Tweaking… A rebuilt Newgioco is the real deal for US Wagering

Newgioco Group Chairman and CEO Michele (Mike) Ciavarella has led an eight-year project to launch the Italian legacy outfit in the US, seeking to be the best-prepared technology incumbent tackling the world’s biggest and most diverse sports market. Speaking to SBC, Ciavarella details that technology stakeholders will face a rude awakening if they simply ‘copy-paste’ European strategies to US market …

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Newgioco limits Italian retail presence amid COVID-19 chaos

Issuing a corporate filing, Nasdaq-listed US Italian betting group Newgioco has confirmed that it has temporarily closed 150 of its betting shops located throughout Italy. Newgioco stated that the shop closures were undertaken complying with the Italian government’s ‘public health decree’ sanctioned on 8 March, as the nation’s health and emergency networks combat the COVID-19 virus epidemic. A week of Italian COVID-19 …

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New look Newgioco establishes LatAm subsidiary

Fresh from listing its business as a US Nasdaq enterprise, the governance of betting systems supplier Newgioco Group confirms that it has established ‘Newgioco Colombia SAS’ as a new subsidiary servicing LatAm market opportunities. Based out of Bogota, Newgioco Colombia will lead new distribution agreements within South American markets, supporting Newgioco Group’s newly established global growth strategy. In its update, …

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Nasdaq float sees Newgioco begin its new US-Italian identity

Ringing the opening bell of New York’s Nasdaq Exchange on Tuesday 14 January, Newgioco Group Chairman and CEO Michele Ciavarella stated that the sports betting group had begun its new life as a fully established Italian-American enterprise. The New York listing sees Ciavarella complete a two-year project transforming Newgioco’s business lines and restructuring the firm’s executive team, targeting rapid growth as …

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Newgioco unveils new US executive team

Italian betting technology group Newgioco Inc has undertaken an executive management restructure, targeting future expansion and growth within the liberalised US sports betting market. Updating investors, Newgioco welcomes four new faces to its executive management team, as the company restructures its financial and commercial divisions to take on future US market challenges. US finance and technology veteran Elizabeth J Maclean …

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