Tag Archives: Tombola

Flutter moves ahead with M&A strategy as Tombola acquisition completed

Flutter Entertainment has announced the finalised acquisition of Tombola, as it completes its second major takeover in as many months to continue its M&A focus into 2022. Detailing its ambitions following the merger, the FTSE100 gambling group has emphasised that Tombola will deliver ‘key strategic advantages’ as part of its wider portfolio of brands, in particularly diversifying its products. Additionally, …

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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 …

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Dutch Minister states that online market is ‘larger than previously thought’

A recent letter to the Dutch House of Representatives has revealed two key updates on the current ‘state of affairs’ with regards to the Netherlands’ newly launched online gambling market. Reviewing the letter sent to the country’s parliamentarians last week by Sander Dekker, Minister for Legal Protection, Rene Jansen, KSA Chairman, asserted that a key ‘preliminary’ conclusion is that ‘the …

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Flutter makes its bingo play with £402m buyout of Tombola  

Flutter Entertainment has secured a definitive agreement to acquire Tombola Limited – the UK’s leading online bingo and soft games operator for £402 million.  The deal will see Flutter diversify its games portfolio and expand its market share within the UK, in which Tombola generates 80% of its turnover.  “In its financial year to end April 2021 Tombola generated pro …

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Bet365, Tombola and LiveScore cleared to launch Dutch KOA market

Kansspelautoriteit (KSA) – the Netherlands gambling regulatory authority – has named the 10 operators granted licences to participate in the KOA online gambling regime that will formally launch on 1 October. As anticipated, KOA licences have been granted to the domestic trio of state-owned casino operator Holland Casino, ToTo Online, the digital unit of Dutch lottery Nederlandse Loterij, and Dutch …

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Tombola in-app adverts banned by the ASA

Copyright: gioiak2 / 123RF Stock Photo

The Advertising Standards Authority banned Tombola adverts appearing in the I’m A Celebrity, Get Me Out Of Here app, reminding the company of future conduct in the process. Maintaining that those under question were inappropriately targeted, the ASA stipulates that those in question must not be used again in the form complained of, without specific targeting to minimise the likelihood …

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Lotteriinspektionen publishes first licences for re-regulated Swedish market

Swedish gambling regulator Lotteriinspektionen has this morning announced its first sixteen approved operators, which will be allowed to service Sweden’s re-regulated online gambling marketplace from 1 January 2019. As anticipated, established Stockholm-listed enterprises’ Kindred Group Plc, Betsson AB and LeoVegas AB feature on the Lotteriinspektionen approved list. In a statement released this morning, Kindred Group confirmed that it had secured approval …

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Italian progress… Kambi & SKS365 join LOGiCO digital trade ranks

Replatz - Copyright: niroworld / 123RF Stock Photo

Italian online gambling trade association La Lega Operatori di Gioco (LOGiCO) has expanded its ranks welcoming SKS365 Malta and Kambi Group as new industry partners. LOGiCO seeks to represent the interests of licensed stakeholders operating within the burgeoning Italian online gambling market. Following last May’s general meeting, LOGiCO representatives moved to expand the trade body’s membership, allowing for Italian technology …

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Tombola pushes ahead with Sunderland recruitment drive

Phil Cronin the Founder & Chief Executive of Tombola, the UK’s biggest online bingo operator has today confirmed that his firm is ready to push ahead with its plan to build a £5 million Sunderland ‘business campus’. Speaking to North-East news sources, Cronin stated that Tombola was preparing to expand its development arm by adding 80 new software focused roles …

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Tombola boosts Arcade coverage with Über Sheffield

Sunderland-based online bingo operator Tombola (Tombola.co.uk) has launched its first UK advertising campaign for new arcade product ‘Tombola Arcade’. Developed by Sheffield creative advertising agency Über, Tombola has produced its 30 second ‘Arcade’ campaign which will be released via direct mail, social and digital mediums. Launched last August, Tombola Arcade aims to be the best value UK online arcade site …

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