January 25, 2023
The board of Lottomatica SPA has confirmed speculation that “it is reviewing all strategic options” with controlling shareholder Apollo Global. The announcement was attached to Lottomatica’s Q4 and FY2022 consolidated results trading update, which underlined the firm’s improved Italian B2C performance following its divestment from IGT Plc in 2021. Strong close-of-year trading saw Lottomatica achieve Q4 group wagering of €6.7bn, …
Read More »November 28, 2022
Providing a solid bedrock for the Q4 acquisition of BetFlag, Lottomatica recorded year-to-date revenue of over €1bn as of September 2022. As reported in the multinational betting and gaming group’s consolidated interim trading report, this marks a 100% increase on September 2021’s YTD revenue of €462.5m. On the other hand, EBITDA stood at €129.1m, a 12.7% increase on 2021’s €71.5m, …
Read More »September 3, 2021
BetFlag has struck a partnership with Malta-based online casino platform and game developer, Nolimit City, enabling the latter to make its debut in the Italian igaming market. The Italy-focused sports betting and gaming operator will integrate the producer’s titles – developed at its studios in Stockholm and Gurugram, India – into its plating network, as part of a planned ‘timed …
Read More »December 19, 2017
iGaming supplier, Betsoft Gaming has announced that it will continue its expansion into the Italian market, signing a partnership with Italian operator BetFlag. BetFlag will be taking on Betsoft’s varied collection of AAMS-approved Slots3™ games, including popular hits GIOVANNI’S GEMS and FIRE & STEEL. The Italian company will also be offering Betsoft’s AAMS-approved ToGo™ titles to feed the growing mobile …
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