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We are confident that Playtech’s proven VLT and online casino expertise in a wide range of regulated markets will continue to provide great value for Norsk Tipping and support us in the delivery of our overall content strategy.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 (8.52 million) before making a subsequent €100 million (1....

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47 million) by September 30, 2022.”Rubik’s Cube launch:The agreements follow the release of Playtech‘s new slot, Rubik’s? Cube, based on one of the world’s most iconic puzzle games. We are confident that Playtech’s proven VLT and online casino expertise in a wide range of regulated markets will continue to provide great value for Norsk Tipping and support us in the delivery of our overall content strategy....

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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. It also highlights our strategy of focusing on long-term partnerships with leading operators in regulated markets. 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.””“These new agreements are also a testament to our strength in games content for online casino and VLT rkeys to winning at roulette xvhzetail markets, including the highly regulated and responsible-gaming oriented markets of Norway and the Nordic region....

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The two agreements come after as many public procurement processes by the government-owned lottery company. 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.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....