Flutter Entertainment Plc has this morning announced that it has completed its acquisition of Italian gambling group Sisal SPA for €1.9 bn (£1.6/$2.2bn). On 23 December 2021, Flutter declared to markets that it had secured definitive terms with US PE fund CVC Capital Partners to acquire all assets (lottery, online and retail) of the heritage Italian gambling group. The acquisition …
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Flutter eyes Italian podium place with €1.9bn takeover of SISAL
Flutter Entertainment Plc has this morning announced that it has secured definitive terms to acquire Italian gambling group Sisal for a consideration of €1.9 billion (£1.62bn). An agreement has been reached with US private equity fund CVC Capital – the current owner of SIsal – which will see the Italian market leader in online and lottery verticals transferred to Flutter’s …
Read More »Sisal completes demerger of payment unit
Sisal SPA, the operating firm of Italy’s SuperEnalotto lottery, has completed its corporate reorganisation, resulting in the separation of its gaming and payment operations. Updating its investors, Sisal noted that the deed of demerger was signed in favour of the newly formed SG2 SpA, a company to which the 70% equity interest in Mooney Group S.p.A. has been transferred. The demerger …
Read More »Sisal files for Milan Borsa IPO seven years after first attempt
Sisal SPA, the operating company of Italy’s SuperEnalotto lottery and Matchpoint betting shops, has filed for an Initial Public Offering (IPO) to list its business on the Milan Borsa Exchange. Reuters reports that the CVC Capital owned gambling group has agreed to sell its shares to an unnamed private equity firm. Although most of the firm’s revenues come from its …
Read More »Sisal sets 2030 target to be 0% on equality, CO2 and problem gambling
Sisal SPA has published its 12th Sustainability Report outlining its short, medium and long-term commitments to achieving its 2030 CSR objectives. The operator of Italy’s SuperEnalotto lottery aims to be global gaming’s first ‘zero problematic players, zero gender pay gap and zero CO2 emissions’ company by 2030. Spearheading its 2030 vision, Sisal has established four working pillars focused on its …
Read More »EuroLotto.com unveils new-look website
Online lottery broker EuroLotto.com, in partnership with Kootac.com, has unveiled its new-look site which now allows players to buy tickets online for six of the world’s biggest lotteries including EuroMillions, EuroJackpot and the USA’s famous Powerball and MegaMillions draws. The new service promises to be the go-to site for lottery fans, presenting customers with competitive ticket prices, a comprehensive results …
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