Tag Archives: Tombola

Peter Jackson, Group CEO of Flutter Entertainment Plc described 2021 results as a ‘tale of two halves” for the FTSE100 betting group’s UK&IRE brands.   Matched against COVID-influenced record wagering Q4 2020 comparatives, Jackson admitted that the group’s flagship UK&IRE business had somewhat lost its trading momentum. UK&IRE teams “saw a very material swing in sports results year-on-year. The swing from …

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, …

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 …

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 …

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 …

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 …

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 …