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Playtech extends long-term Fortuna Entertainment partnership

George Miller

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Playtech extends long-term Fortuna Entertainment partnership
Photo Source: casinochronicle.net
Reading Time: 2 minutes

 

Playtech, the world’s leading omni-channel gaming company, announced the extension and expansion of its long-term partnership with Fortuna Entertainment Group, the largest betting & gaming operator in Central and Eastern Europe.
The new agreement will see Playtech’s IMS player management platform become the core platform used by all FEG brands across the Czech Republic, Slovakia, Poland, Romania and Croatia.

This represents an expansion of Playtech’s initial contract with FEG, which was agreed in August 2016. After a successful two-year period focused on the Czech Republic and Romania, which was highlighted by FEG’s continued growth across regulated markets in Europe, this partnership has been expanded to cover all of its brands across all markets.

As part of the deal, Playtech’s partnership with FEG has also been extended for a further seven years.

Shimon Akad, COO, Playtech, said: “This is a significant agreement for Playtech and FEG. The extension and expansion of our partnership highlights both the success we’ve had, and the further growth we see ahead. This is a perfect example of how Playtech technology leads the way when it comes to enabling operator growth across regulated markets, and a further reflection of our role as the infrastructure of the industry.”

Per Widerstrom, Group CEO at Fortuna Entertainment Group, added: “When we first partnered with Playtech, we stated our aim was to become the leading betting and gaming operator in the CEE region. Having achieved this ambition, we will continue looking to grow and build our offer further in new and existing regulated markets. Our close partnership with Playtech will continue to be crucial in delivering on this strategy and delivering an industry leading omni-channel approach to our players.”

The agreement will see Playtech support the continued growth of FEG in both new and existing regulated markets. In 2017, FEG saw a 93% increase in total stakes to just over €2 billion, driven primarily by growth in online.
Playtech’s initial agreement with FEG was to supply it with a scalable, omni-channel platform and seamless wallet technology. As part of this partnership, in February last year Playtech became the first supplier to launch online casino in the Czech Republic with FEG.

Across retail and online Playtech’s IMS platform will now facilitate the integration of FEG’s sports betting offering in all territories, and more broadly its omni-channel strategy across retail and digital.

 

About Playtech:
Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Central Europe

INTRALOT announces agreement with Gauselmann Group to take over sports betting provider Totolotek SA

George Miller

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INTRALOT announces agreement with Gauselmann Group to take over sports betting provider Totolotek SA
Reading Time: 2 minutes

 

The INTRALOT Group announces that it has reached an agreement with Merkur Sportwetten GmbH, a subsidiary of the Gauselmann Group based in Espelkamp, Germany to take over the renowned sports betting company Totolotek SA – a fully owned INTRALOT subsidiary in Poland. The share purchase agreement has already been concluded and both parties are now awaiting merger clearance. With this acquisition, the German company will enter the Polish market and thus expand its presence in Europe. Soon Polish sports betting fans will be able to place their bets under the sign of the well-known MERKUR sun: Merkur Sportwetten GmbH.

Totolotek has been firmly established in the Polish sports betting market for over 27 years and is one of the top three omnichannel betting companies in Poland. It markets its wide range of sports betting products through stationary trade at over 260 distribution points as well as online via its website and mobile app. Totolotek currently has 560 employees.

“We are delighted to have gained a strong strategic partner with Merkur Sportwetten, and the Gauselmann Group behind it. With its experience and financial strength as well as its innovative products for stationary trade and the online and mobile sector, it will help Totolotek achieve further growth,” says Adam Lamentowicz, CEO of Totolotek.

“Consistent with INTRALOT’s strategy of disinvesting from its non-core markets and focusing on the group’s strategic markets, such as the USA, we are very glad we can safeguard Totolotek’s continued growth within the strong Gauselmann Group and its European-market-focused sports-betting division Merkur Sportwetten. In my view, this transaction will create value for all involved parties – Gauselmann, Totolotek and INTRALOT – which was fundamentally important from INTRALOT’s point of view when deciding to proceed with this transaction,” explains Andreas Chryssos, CFO of INTRALOT Group, summing up the acquisition of Totolotek by Merkur Sportwetten.

“Sports betting is extremely popular in Poland and for many football fans it’s an essential part of a good match. The acquisition of Totolotek is an important part of our growth strategy to open up the Polish market and thereby gain another core market in Europe alongside Germany, Austria, Denmark and Belgium,” explains Niko Steinkrauß, CEO of Merkur Sportwetten.

About INTRALOT:
INTRALOT, a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 52 regulated jurisdictions around the globe. With €1.1 billion turnover and a global workforce of approximately 5,100 employees (3,100 of which in HQ and subsidiaries and 2,000 in associates) in 2017, INTRALOT is an innovation – driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. The company has designed a new ecosystem of holistic omni-channel solutions across verticals (Lottery, Betting, Interactive, VLT) for Lotteries digital transformation. INTRALOT has been awarded the prestigious WLA Responsible Gaming Framework Certification by the World Lottery Association (WLA) and the WLA certificate for the Security Control standard.

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Central Europe

STS Inks New Sponsorship Deal with KSW

Niji Narayan

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STS Inks New Sponsorship Deal with KSW
Photo Source: kswmma.com
Reading Time: 1 minute

 

STS, Poland’s premier bookmaker, has inked a one-year sponsorship contract with KSW Federation (Martial Arts Confrontation).

As per the agreement, the logo of STS will be shown, for example, on the boards, press wall displays and large screens and live betting rates of the bookmaker will be displayed live on large screens. The contract also provides for the publication of common content on the website, KSW TV and in the social media of the Federation.

Mateusz Juroszek, CEO of STS, said: “STS supports various disciplines of Polish sport. This is why we have signed another sponsorship contract with KSW Federation, the largest organization of mixed martial arts in Europe and one of the largest in the world. The contract with KSW extends the STS activities by a popular individual discipline. In recent years 440 000 people have attended KSW events, the streamings have been watched by millions of fans all over the world.”

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Central Europe

NSoft’s Virtual games on the market of Slovakia

George Miller

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NSoft's Virtual games on the market of Slovakia
Reading Time: 1 minute

 

NSoft`s virtual games are now available on near half a thousand ORION TIP’s terminals in Slovakia. The players will now have a chance to explore all exciting betting possibilities of Greyhound Races, Virtual Greyhound Races, Virtual Horse Races and Virtual Motorcycle Speedway.

All those games are very dynamic and visually very appealing. Computer generated races are based on the real sports. When it comes to visualisation, NSoft team was dedicated to bring it to perfection in every single detail. The games are, with no exception, realistically animated creations with UI design players find user-friendly and pleasurable.

This release represents a continuation of the existing cooperation with ORION TIP. This betting company already offers NSoft`s Sportsbook solution: Pre-Match and In-Play Betting MTS in its retail network and on terminals.

The release of four virtual sports betting games represents the opening of NSoft’s virtual world to the market of Slovakia.
NSoft’s Technical Account Manager, Vlado Rosic – Milinkovic states: “I’m pleased, from personal and professional standpoint, that we have managed through exceptional cooperation with Orion Tip, to bring our Virtual games to the Slovakian players. This represents another milestone in our fruitful partnership, and without doubt cements Orion’s position as one of Slovakian top operators. I can firmly say that we’re glad to be part of it.”

Find out more on NSoft´s offer – book a meeting with NSoft´s sales staff or contact Sales team at sales@nsoft.com.

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