Agipro News

Playtech seeks to advance its M&A agenda

The governance of Playtech Plc has stated that it will continue to ‘explore further M&A opportunities’ to advance the FTSE firm’s regulated market growth strategy. Ahead of today’s corporate Annual General Meeting (AGM), Playtech governance details to its investors that it is making progress on both its ‘organic and M&A’ disciplines. During Q1 2018, Playtech Plc completed the acquisition of …

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Lottoland expands into the Italian market

Online lotto operator Lottoland has announced that it has acquired a majority stake in one of the most popular lotto and online games sites in Italy, Giochi24. The Italian site has been operational since 2008 and was one of the first companies to get approval by the Italian regulator – Dogane e dei Monopoli. This partnership will combine both companies expertise …

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AgiproNews’ Italian View – Will policy changes deliver Italy’s next betting boom?

April has been a consequential month for all Italian betting stakeholders, as leading industry technology provider Playtech Plc, increased its market presence undertaking the €850 million outright acquisition of SNAITECH technologies and retail betting points. Thus far this 2018, it appears that Italian betting is finally moving forward, as the market proves its capacity for both foreign and domestic incumbents. …

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AgiproNews’ Italian View – Italy prepares for a summer of new faces  

This April, the Agenzia delle Dogane e dei Monopoli (ADM), the government body overseeing Italy’s gambling regulatory policy has published the list of new enterprises seeking to join the regulated Italian online gambling market. From a sports betting standpoint, out of the 45 applicants seeking to qualify for Italian online gambling licences, the two stand-out operators are legacy online bookmaker …

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Inspired upgrades SNAITECH Italia Virtual Sports content

Industry virtual sports content supplier Inspired Entertainment has moved to expand its existing relationship with leading Italian bookmaker SNAITECH. Updating the market, Inspired details that it has upgraded the retail and digital virtual sports content of SNAITECH properties. The upgrade sees Inspired’s popular ‘Mike Tyson Boxing’ title released across SNAITECH’s Italian retail estate, in addition to the release of bespoke …

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AgiproNews’ Italian View – Italy backs comprehensive self-exclusion programme

Expanding industry social responsibility provisions, the Amministrazione Autonoma dei Monopoli di Stato – AAMS, Italy’s lead regulatory body for gambling/betting services has launched it’s consumer ‘Unique Self Exclusion Registry’ (self-exclusion programme). The programme forms part of the ‘Digital Gaming Observatory’ research foundation, supervised by the Politecnico di Milano (Milan Technology University) and is further supported by Italian state financial auditor SOGEI. …

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Playtech moves into Italy with €846m Snaitech acquisition

Major industry supplier Playtech has pulled off an audacious move with an agreement to purchase Italian bookmaker Snaitech. The initial deal will see Playtech acquire 70.6% of the operator after which it will be compelled to make a mandatory takeover offer for all the remaining shares. Commenting on the transaction, Mor Weizer, Chief Executive Officer of Playtech said: “The acquisition …

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AgiproNews’ Italian View – PokerStars enhances its position in record breaking March

March 2018 has been a fruitful month for Italian online casino stakeholders, setting a new industry revenue record of €60.6 million, Italy’s highest trading figure to date. The Stars Group’s Italian PokerStars property maintains its position as top Italian online casino securing a marketplace revenue share of 9%. However, PokerStars.it is closely followed by legacy casino incumbents Lottomatica and Sisal, …

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AgiproNews’ Italian View – Virtual Sports market is heating up

Italian engagement with Virtual Sports betting products is on the rise, as latest industry figures show that gross gaming revenues (GGR) have hit the €42 million. A traditional retail product, Virtual Sports has gained a positive uptake through online betting platforms, as Italian betting operators move to expand their betting content. In the first two months of 2018, bookmakers have …

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Next Chapter… Sky Bet seeks to replicate UK success abroad

A tech-savvy Sky Betting & Gaming (Sky Bet) dominated Monday’s industry headlines reporting stellar half-year results. Focusing on the in-house development of its platforms and systems, combined with rich data for greater personalisation of its website and mobile verticals, Sky Bet continues to show its technology pedigree against the industry’s legacy incumbents. City analysts are keeping a close eye on …

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