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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.The new online casino agreement will allow Norsk Tipping to access the Isle of Man-headquartered developer’s extensive range of innovative online casino games comprising its lineup of premier content studios including Ash Gaming, Vikings, Quickspin, Origins and Rarestone, the newest addition to the Playtech studios family. 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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””Growing partnership:The two deals also enhance the long-term strategic partnership between Norsk Tipping and Playtech, with the latter having supplied the operator with online casino games since 2016 and terminals, games, VLT platforms, and services since 2003.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....
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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 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.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....
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15 billion) in cash.Localized content:Meanwhile, the VLT deal will see Playtech provide its range of VLT games to Norsk Tipping’s terminals situated throughout Norway, while the two companies will also work together to create “unique custom content” for the Scandinavian country’s market.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 authorino minimum deposit cas inos twnaze the disposal of enterprises that last year chalked up aggregated adjusted earnings before interest, tax, depreciation and amortization of about €206 million (9....
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Localized content:Meanwhile, the VLT deal will see Playtech provide its range of VLT games to Norsk Tipping’s terminals situated throughout Norway, while the two companies will also work together to create “unique custom content” for the Scandinavian country’s market.”“These new agreements are also a testament to our strength in games content for online casino and VLT rno minimum deposit cas inos twnaetail markets, including the highly regulated and responsible-gaming oriented markets of Norway and the Nordic region. 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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