Announced
Financials
Tags
Private
betting and gaming
Domestic
Majority
Friendly
Acquisition
Italy
Single Bidder
Casinos and Gambling
Pending
Synopsis
Lottomatica, an Italy-based gaming company, agreed to acquire Betflag, a remote gaming and betting company, for €310m. "The transaction allows Lottomatica Group to consolidate its presence in the Italian market, particularly strengthening its position in the online casino games sector, and represents a key milestone for the Group's multi-brand strategy, aimed at ensuring full coverage of the different product verticals and the different player clusters," Lottomatica Group.
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