Tag Archives: Italy

Italy’s federal police force has arrested 12 suspects connected to its ‘Operation Game Over II’ criminal investigation of illegal and mafia-associated gambling websites.  A dozen individuals have been charged on counts of criminal conspiracy to carry out the ‘fraudulent conveyance of assets’ through illicit online gambling businesses. Investigators cited that the suspects were processing illegal online wagers via websites belonging …

Catena Media Plc has underlined the strategic importance of its globally diversified media portfolio, as a 3x jump in North American revenues and continued Japanese market growth helped offset significant European headwinds.  Publishing its Q3 2021 interim results for the period ending 30 September, Catena registered operating revenues of €33 million, up 33% on corresponding 2020 results of €25 million. …

Italy’s gambling incumbents have navigated another turbulent year, not just due to COVID-19 induced closures of retail outlets but also due to increased attention from the legislative and regulatory fields.  Discussing Italian gambling developments and prospects at the Betting on Sports Europe (BOSE) event, Marco Castaldo, CEO of Microgame, Carmelo Mazza, CEO of OIA Services, Stefano Sbordoni, Managing Partner and …

IGT Plc has raised its full-year corporate forecasts in light of peak performance results achieved during Q3 trading. IGT more than doubled its operating income to $212 million (Q32020: $83m) as the NYSE gambling technology group registered +$200 million in from its ‘OPTIMA – structural cost-savings program‘. Period trading saw IGT register group revenues of $984 million, up 21% on …

Entain Plc has moved to upgrade and digitise the estates of its retail business operating within the UK and Italy. The FTSE100 business embarks on its biggest retail project ever, aiming to transform the betting estates of its Ladbrokes, Coral and Eurobet brands “into contemporary, digital, spaces to enhance the omni-channel experience for customers.”  The firm’s retail makeover has been …

Italian gambling is waiting to see whether amendments to restructure the gambling sector will be incorporated as a policy measure of Italy’s next Budget Law. A draft proposal to ‘reorganise Italian gambling’ is reported to have been finalised by Claudio Durigon, the former undersecretary of the Economic Treasury. Yet, maintaining the bad luck tribulations of Italian gambling, Durigon was forced …

Regulus Partners examines the media speculation of who will replace Bill Moyes as Chairman of the UK Gambling Commission (UKGC) – a regulatory body in need of strategic reforms over PR messaging… The identity of the new chair of the Gambling Commission was the subject of fresh speculation this week as the Sunday Times published a short-list of candidates. The newspaper suggested …

Sisal Group SPA, the operating firm of Italy’s SuperEnalotto lottery, will undertake an ‘organisational restructure’ which will result in a demerger of the group in favour of a newly incorporated company – ‘SG2 SPA‘. The demerger forms part of a wider strategy of corporate restructuring that aims to ‘better define the functions and primary objectives of the group’ and will …

The Italian gambling market has been rocked by further M&A activity, as the board of Microgame SPA this afternoon confirmed that a deal had been agreed to sell a controlling 91.7% stake to private investment group Piomo SA.  The transaction has been approved by US private equity funds Monitor Clipper and TPG Growth which have agreed to sell their combined …

Raketech has acquired Spanish affiliate marketing publisher and lead generation specialist Infinileads SL, in a bid to expand its services for Latin America, Spain and Italy. Marked as an “important strategic milestone”, the acquisition of Infinileads – along with key assests Slotjava.es and Slotjava.it – sees Rakatech enhance its position within several of LatAm’s emerging markets, such as Argentina, Mexico and Peru, in addition to current Infinileads core …