Notícies de proveïdors

Itàlia: el grup d'apostes italià Newgioco compra Odissea i Ulisse

Newgioco Group, an Italian company providing regulated online and offline gaming and wagering, has bought two key gaming operations based in Austria.

It has bought Odissea Betriebsinformatik Beratung, a gaming software development company which owns and operates a proprietary betting platform and product development house which currently processes approximately $400m in betting turnover on an annual basis. The Odissea betting platform, which is certified under both the Malta and Austrian gaming authorities, is a state-of-the-art gaming technology with an advanced, highly efficient software engine designed and managed by a qualified and experienced team of gaming engineers which become employees of Newgioco as a result of the acquisition. The Company is now preparing to launch a new series of online games including Virtual Sports products.

The company has also completed the acquisition of Ulisse Gmbh a retail gaming distribution group which operates 107 ‘land-based’ gaming agency locations throughout Italy. Ulisse management and staff will also join Newgioco to boost the rapid expansion of our operations in Italy. Ulisse currently operates the locations under a 50 per cent revenue share agreement which produces approximately $1.8m in net earnings on an annual basis.

The company stated: “With the integration of our in-house betting platform, the company expects to realise a cost savings of approximately 50 per cent to our current online and land-based gaming network overhead and will further attain 100 per cent of the revenue earned by the Ulisse land-based locations upon completion of the license renewal auction. The resulting effect of our 2 new divisions is projected to increase consolidated net earnings by approximately 400 per cent.