9 月 4, 2019
Intralot Puts Polish Bet Business to pay attention to US Business expansion
Intralot sells Gloss business to concentrate on US enlargement; Gauselmann Group secures gain access to into Poland's sports betting market
Greek gambling team Intralot today announced that it offers entered into an arrangement to sell off its Totolotek SA sporting betting internet business to the Gauselmann Group's subsidiary Merkur Sportwetten GmbH.
Totolotek is a wholly owned supplementary company of Intralot that are operating in Poland's managed gambling industry. The surgery has been contained in the country for almost three decades and offers sports gambling on services within 260 retail industry locations and even online. Totolotek currently implements more than 560 people.
Intralot said in a very press release out of earlier at hot shot casino present that the arrangement for the acquiring shares has been concluded and that they are only waiting for regulatory approval to complete the very transaction . The purchase price was not disclosed.
News about Intralot offloading it's Polish small business arrive soon after the company lost its sports activities betting don in Poultry , amongst the company's important markets.
Participating on the transacting of Totolotek, Intralot's CFO Andreas Chryssos said that the exact move was at line to the strategy to disinvest from non-core markets and also focus the attention for its arranged markets, just like USA. Mr. Chryssos started to say how the transaction 'will create benefit for all anxious parties. '
Improve Expansion
Often the Gauselmann Class will extend its impact to the Enhance sports bet market in the event the deal provides the necessary regulating approval. The main group belongs to the largest bingo operators in Europe and features been dependable in its often pursue enlargement across multiple regulated real estate markets .
