Tag Archives: Gamenet Italia

No Retreat… Innovation is the only way to grow the Italian market

Since 2018, Italian betting operators have faced consecutive tax increases, a blanket ban on advertising and sponsorship, alongside tougher compliance controls enforced by regulatory agencies. The SBC Digital Italy Summit began by analysing how Italian operators have navigated a market which has been in a constant state of flux, and whether a further 2021 of political uncertainties will lead to …

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Gamenet expands ‘home profile’ completing GoldBet Italia acquisition

Issuing a market update, Borsa Milan gambling firm Gruppo Gamenet SPA has confirmed the closure of its outright acquisition of betting group GoldBet, completing its €275 million transaction. The deal first announced on 24 July 2018, sees Gamenet secure Italy’s biggest retail betting presence adding +900 new betting points to its existing network, which services +1,700 betting concessions. ‘The Acquisition …

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Gamenet aims for Italian top spot with €265 million acquisition of GoldBet

Italian gambling group Gruppo Gamenet SPA has today signed a ‘binding agreement’ to acquire a 100% share capital in betting operator GoldBet offering a deal-value of €265 million (£240 million) Updating the market, Gamenet will move to acquire outright Goldbet’s 990 Italian betting points, and will further gain the firm’s related digital properties. At present, Goldbet is considered Italy’s biggest …

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