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British lotterlive cas ino online australia iaeey and gaming machines innovator International Game Technology (IGT) has announced the signing of an agreement that is to see it offload a pair of wholly-owned Italian subsidiaries for approximately €950 million (.British lotterlive cas ino online australia iaeey and gaming machines innovator International Game Technology (IGT) has announced the signing of an agreement that is to see it offload a pair of wholly-owned Italian subsidiaries for approximately €950 million (.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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52 million) before making a subsequent €100 million (1. The two agreements come after as many public procurement processes by the government-owned lottery company.”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....

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Arrears appeasement:IGT additionally revealed that it expects the first stage of this arrangement to have been completed by the end of June and will subsequently utilize the proceeds from the sale of its Italian business-to-consumer gaming machine, sportsbetting and digital gaming establishments to reduce overall company debt.”“These new agreements are also a testament to our strength in games content for online casino and VLT rlive cas ino online australia iaeeetail markets, including the highly regulated and responsible-gaming oriented markets of Norway and the Nordic region.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....

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ly going to be a happy Christmas for slot fans.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.15 billion) in cash....

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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. The agreements will result in each of the product areas being extended and expanded.Arrears appeasement:IGT additionally revealed that it expects the first stage of this arrangement to have been completed by the end of June and will subsequently utilize the proceeds from the sale of its Italian business-to-consumer gaming machine, sportsbetting and digital gaming establishments to reduce overall company debt....