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The New York-listed firm used an official Monday press release to detail that the arrangement for its Lottomatica Videolot Rete SpA and Lottomatica Scommesse Srl subordinates will involve buyer Gamenet Group SpA handing over an initial €725 million (8.L) has inked a pair of commercial deals with Norway’s national lottery, Norsk Tipping, that will see it supply the Norwegian firm with a selection of video lottery terminals (VLTs) and online casino products. It stated that the coming sale ‘remains subject to customary closing conditions including regulatory approvals’ and will moreover oblige the entity of private alternative investments specialist Apollo Global Management Incorporated to part with a final disbursement of €125 million (1....


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Read a statement from Sala…“The transaction enables IGT to monetize its leadership positions in the Italian business-to-consumer gaming machine, sportsbetting and digital spaces at an attractive multiple to comparable Italian transactions, providing us with enhanced financial flexibility.Suppleness stimulus:Marco Sala (pictured) serves as the Chief Executive Officer for IGT and he used the press release to declare that his firm’s board of directors has ‘unanimously approved the transaction‘ so as to authoricasino slots please qecqze the disposal of enterprises that last year chalked up aggregated adjusted earnings before interest, tax, depreciation and amortization of about €206 million (9.47 million) by September 30, 2022....


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Chief Operating Officer for Playtech, Shimon Akad, commented on the new agreements in a company press release…“Playtech content has proven to be very popular with Norsk Tipping’s players.Playtech plc (LSE:PTEC.L) has inked a pair of commercial deals with Norway’s national lottery, Norsk Tipping, that will see it supply the Norwegian firm with a selection of video lottery terminals (VLTs) and online casino products....


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ly going to be a happy Christmas for slot fans. It also highlights our strategy of focusing on long-term partnerships with leading operators in regulated markets.For its part, Norsk Tipping’s Head of Gaming Operations Hans Erland Ringsvold, added…“We are excited to continue our partnership with Playtech and look forward to launching their strong roadmap of online casino and VLT games on our platforms....


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