Gamenet Group acquired 100% of Lottomatica Scommesse and Lottomatica Videolot Rete from International Game Technology PLC. The group thus takes the name of Lottomatica Spa, having also acquired the historic brand from Igt.
The transaction creates the new leader of the Italian gaming market, with around €1,6 billion in revenues and €22 billion in revenues in 2019 on an aggregate basis. The group will also have around 1.150 employees (of which almost a thousand in Rome alone) and an associated network of over 16 workers throughout the country.
The new Lottomatica has an online customer base of around 800 players, a franchised network of three thousand betting points, plus 1.400 arcades, 13.600 tobacconists/bars and a network of points owned by approximately 120 gaming halls.
“This transaction projects our group among the main operators in the sector in Europe – commented Guglielmo Angelozzi, managing director of the new Lottomatica – Our main priorities now are the rapid integration of all our assets and the expansion into new geographic markets. We firmly believe that with our expertise, our technology, the financial strength of our group and the support of Apollo, we will be able to effectively diversify into new markets, seizing significant opportunities for growth and consolidation".
