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The New York-listed firm used an official Monday press release to detail that the arrangement for its Lottomatica Videolot Rete SpA and Lottomatica Scommesse Srl subordinates will involve buyer Gamenet Group SpA handing over an initial €725 million (8.The new online casino agreement will allow Norsk Tipping to access the Isle of Man-headquartered developer’s extensive range of innovative online casino games comprising its lineup of premier content studios including Ash Gaming, Vikings, Quickspin, Origins and Rarestone, the newest addition to the Playtech studios family.The New York-listed firm used an official Monday press release to detail that the arrangement for its Lottomatica Videolot Rete SpA and Lottomatica Scommesse Srl subordinates will involve buyer Gamenet Group SpA handing over an initial €725 million (8....
”Growing partnership:The two deals also enhance the long-term strategic partnership between Norsk Tipping and Playtech, with the latter having supplied the operator with online casino games since 2016 and terminals, games, VLT platforms, and services since 2003. The two agreements come after as many public procurement processes by the government-owned lottery company.Arrears appeasement:IGT additionally revealed that it expects the first stage of this arrangement to have been completed by the end of June and will subsequently utilize the proceeds from the sale of its Italian business-to-consumer gaming machine, sportsbetting and digital gaming establishments to reduce overall company debt....
It stated that the coming sale ‘remains subject to customary closing conditions including regulatory approvals’ and will moreover oblige the entity of private alternative investments specialist Apollo Global Management Incorporated to part with a final disbursement of €125 million (1. Launched earlier this month as a limited exclusive with Buzz Bingo, the new game features a Sticky Wilds mechanic, along with a built-in modifier that gives players a choice of six separate extra games modes, as well as the chance to choose volatility.”...
Arrears appeasement:IGT additionally revealed that it expects the first stage of this arrangement to have been completed by the end of June and will subsequently utilize the proceeds from the sale of its Italian business-to-consumer gaming machine, sportsbetting and digital gaming establishments to reduce overall company debt. We are excited to continue supplying our strong roadmap of content to them as part of developing a market-leading, modern and responsible online and retail game offering to their players.”...
Playtech plc (LSE:PTEC.L) has inked a pair of commercial deals with Norway’s national lottery, Norsk Tipping, that will see it supply the Norwegian firm with a selection of video lottery terminals (VLTs) and online casino products. It stated that the coming sale ‘remains subject to customary closing conditions including regulatory approvals’ and will moreover oblige the entity of private alternative investments specialist Apollo Global Management Incorporated to part with a final disbursement of €125 million (1....
