Luxembourg-based private equity firm CVC Capital Partners has extended its reach into the betting industry once again with the news that it has agreed to acquire a 100% equity stake in Italian gaming and payments operator Sisal Group S.p.A. The acquisition will see CVC assume Sisal’s €960 million corporate debt, with the PE firm expected to make an estimated €1 billion …
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Sisal partners with GameArt studios for new VLT games
Sisal Group S.p.A, the Italian gaming and payment services group, have chosen international game-design studio GameART for the production of new slot games for the Italian Video Lottery Terminal (VLT) Comma 6b market. The five year contract provides for multiple slot titles to be developed on an exclusive basis for Sisal’s INGG VLT platform. GameART is a developer of slot games …
Read More »Sisal Group halts Italian IPO
Italian gambling and lottery operator, Sisal Group has pulled out of its planned initial public offering, citing adverse market conditions in Italy and abroad. Sisal senior management issued a statement late on Friday, stating that after careful monitoring of market conditions, it had been advised by IPO partners Deutsche Bank and UBS Ltd, to abandon its plans floating on the …
Read More »Sisal Group prepares for Italian IPO
Borsa Italiana – the Italian Stock Exchange, announced on Monday that it had allowed gambling and sports betting operator Sisal Group, to list itself for open trading on their exchange. Gambling and payment operator Sisal, are one of the leading operators in the region, with reported revenues totaling €772 million (£614 million) for 2013. Italian gaming regulator AAMS, reports that …
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