November 2, 2023
Lottomatica SPA has informed the Borsa Milan that it has settled on terms to acquire SKS365 Malta, the operating company behind the PlanetWin365 (sportsbook) and PlanetPay365 (arcade) brands, for an enterprise value of €639m. The acquisition, confirmed today, means that Lottomatica SPA is set to become the outright largest omnichannel gambling group in the Italian market. Lottomatica’s deal entails taking …
Read More »January 9, 2019
Italian news sources have reported that Ian McLoughlin has stepped down as Chief Executive of SKS365 Group, the operating company of ‘PlanetWin365’ Italy’s second largest retail and online bookmaker. McLoughlin’s departure is further followed by the resignation of Angela Gemma as General Counsel of SKS365 and the exit of Aaron Meli as Group Financial Controller. The company has quickly instigated …
Read More »December 11, 2018
The repercussions are gathering pace on November’s arrests relating to money-laundering and illegal gambling charges, undertaken by Italian Police’s joint ‘anti-Mafia’ taskforce. No Italian gambling/betting stakeholder should expect an easy end of year, as Italian Parliament probes for an explanation on the nation’s biggest money-laundering investigation, underlying more than two-years of systemic AML and corruption failings. Last week, thirty …
Read More »November 28, 2018
Italian gambling has been rocked by the anti-Mafia taskforce investigation into illegal/fraudulent gambling activities conducted across Southern Italy. This November, the anti-corruption taskforce of the financial and federal police had conducted eighty search warrants arresting sixty-eight suspects on charges of corruption and fraud. The criminal investigations targeting the coastal cities of Catania, Reggio Calabria and Bari, are reported to have seized assets worth …
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