Tag Archives: Sisal

Flutter moves ahead with M&A strategy as Tombola acquisition completed

Flutter Entertainment has announced the finalised acquisition of Tombola, as it completes its second major takeover in as many months to continue its M&A focus into 2022. Detailing its ambitions following the merger, the FTSE100 gambling group has emphasised that Tombola will deliver ‘key strategic advantages’ as part of its wider portfolio of brands, in particularly diversifying its products. Additionally, …

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Campaigners call for National Lottery restructuring due to good causes funds

Gambling reform advocates, including MPs, have called for an overhaul of the National Lottery – specifically in relation to the funding of good causes according to The Guardian. The outlet has reported that politicians such as Sir Iain Duncan Smith have called for a fixed percentage of the National Lottery operator’s revenue to be directed towards civic causes.   With the …

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Andrew Rhodes’ role at UKGC reportedly set to become permanent

Interim UK Gambling Commission (UKGC) CEO Andrew Rhodes is reportedly set to take on a more permanent role at the regulatory body, according to The Guardian. The newspaper reported that the government has made the decision due to Rhodes’ commitment to cracking down on ‘recidivist behaviour’ by betting and gaming operators, ahead of the publishing of the 2005 Gambling Act …

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CVC strengthens Belgian position by supporting Gaming1 expansion

CVC Capital Partners has partnered with Gaming1, the Belgian Ardent Group’s entertainment brand, supporting the next phase of the latter’s growth strategy.  As a result of the collaboration between CVC and Gaming1’s majority shareholders, the US-based global investment firm will provide the international gambling group with ‘expertise’ to support its growth strategy.  Gaming1 is currently active in nine countries, including …

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Flutter eyes Italian podium place with €1.9bn takeover of SISAL

Flutter Entertainment Plc has this morning announced that it has secured definitive terms to acquire Italian gambling group Sisal for a consideration of €1.9 billion (£1.62bn). An agreement has been reached with US private equity fund CVC Capital – the current owner of SIsal – which will see the Italian market leader in online and lottery verticals transferred to Flutter’s …

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Sazka Entertainment renamed Allwyn in global rebranding

In a global rebranding, Czech gambling group Sazka Entertainment will now conduct business under the corporate identity of Allwyn, the company name it has been using for its UK operations. As the largest lottery operator in Europe, the group operates its flagship Sazka holding in its domestic Czech market in addition to Lotteries Austria, OPAP in Greece and Cyprus and …

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English speakers identified as most at-risk problem gambling group by Gambless

Gambless has recorded 3,500 self-assessment tests completed via its mobile app, revealing strong differences in problem gambling across international borders, with English speakers encountering issues much more than other linguistic groups. Publishing its first annual report, the Mindspa-funded and ORCHHA-certified international gambling harm prevention app found that English speakers, mainly from the US, UK, and Australia, recorded a 57% higher …

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Camelot attributes Tokyo Games for ‘highest-ever’ first-half lottery sales

Camelot has revealed that its H1 National Lottery ticket sales for the 2021/22 financial year were its ‘highest-ever’, attributing its success to the brand’s connection to the Tokyo 2020 Olympic and Paralympic Games. Publishing an update this morning, the National Lottery operator announced ticket sales of £3,961.4 million for the first six months of the year – covering 1 April …

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BOSE: Italian leadership optimistic of 2022 reform prospects

Italy’s gambling incumbents have navigated another turbulent year, not just due to COVID-19 induced closures of retail outlets but also due to increased attention from the legislative and regulatory fields.  Discussing Italian gambling developments and prospects at the Betting on Sports Europe (BOSE) event, Marco Castaldo, CEO of Microgame, Carmelo Mazza, CEO of OIA Services, Stefano Sbordoni, Managing Partner and …

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Sisal completes demerger of payment unit

Sisal SPA, the operating firm of Italy’s SuperEnalotto lottery, has completed its corporate reorganisation, resulting in the separation of its gaming and payment operations. Updating its investors, Sisal noted that the deed of demerger was signed in favour of the newly formed SG2 SpA, a company to which the 70% equity interest in Mooney Group S.p.A. has been transferred. The demerger …

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