Home / Gambling / Business News / Gamenet Group acquires GoldBet

Gamenet Group acquires GoldBet

Italian gaming team Gamenet Group announced the purchase of Italian operator GoldBet for €265 million.

Gambling experts believe that this acquisition of 100% of the share capital of GoldBet will allow Gamenet to become the largest network in Italy, and to increase the number of its retail outlets to 1,700.

GoldBet operates a physical network of 990 betting shops and also holds the concession for the collection of “online” games and bets, even including mobile platforms. The combined entity would also control 7% of Italy’s online betting market and a one-third share of the lucrative virtual betting sector.

Paola Bausano, CEO of GoldBet, commented: “This transaction represents a major opportunity for the two companies and will allow us to exploit the synergies and know-how of both companies. I am happy to be part of this project, ensuring continuity, but at the same time developing new projects for an ambitious joint growth”.

Follow us on

Check Also

Red Tiger expands partnership with ComeOn

Malta-based casino games developer Red Tiger has expanded its content-based agreement with operator ComeOn, a …

Evolution extends deal with Scientific Games

Leading live casino supplier Evolution Gaming has extended its relationship with Scientific Games by adding …

Leave a Reply

Your email address will not be published. Required fields are marked *

Show Buttons
Hide Buttons