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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.

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

Overview of Changes to the Gambling Law in Poland

Niji Narayan

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Overview of Changes to the Gambling Law in Poland
Photo Source: medicalnewstoday.com
Reading Time: 1 minute

 

Poland’s Ministry of Finance has informed about an amendment to the regulation regarding lottery devices, gaming devices and slot machines, information security.

The Minister of Finance, Investment and Development has signed an ordinance amending the ordinance on lottery devices, gaming devices and slot machines, securing information regarding the organised lottery and obtaining, calculating and paying out winnings.

Pursuant to the provisions of the Gambling Act, only the minister competent for public finances decides whether playing on a given device is a game on slot machines within the meaning of the Gambling Act.

The opinion of the testing entity is only an attachment to the application for issuing the decision. This opinion must contain information that it serves only to issue a decision by the minister competent for public finance.

Thus, the opinion of the testing entity does not state the gambling or non-gambling nature of a given game and cannot be treated as a settlement in this respect.

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Central Europe

STS Signs Sponsorship Deal with Polska Liga Siatkówki

Niji Narayan

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STS Signs Sponsorship Deal with Polska Liga Siatkówki
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Polish betting operator STS has signed a sponsorship deal with Polska Liga Siatkówki and become the official bookmaker of PlusLiga. The agreement will last for at least four seasons, until June 2023. It also significantly strengthens the firm’s presence in volleyball and Polish sport.

“The agreement between STS and PLS is the next stage in the implementation of the strategy of supporting domestic sport and Polish volleyball. We are currently an official partner of, among others, the Asseco Resovia team, seven Ekstraklasa clubs and the Polish national football team. As the largest private sponsor of Polish sport, we also support many organisations and players throughout the country. The agreement with Polska Liga Siatkówki is part of the plan of cooperating with the most recognisable sports brands; PlusLiga is definitely such a brand. Our agreement will translate into a number of benefits for STS, the league, and, above all, the fans,” Mateusz Juroszek, CEO of STS said.

“At STS, we have always focused on people who are passionate about sport. This is because they are the ones who create a unique atmosphere during competitions. For this reason, a large part of our cooperation will be activities aimed at volleyball fans,” Mateusz Juroszek added.

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Central Europe

Novomatic Acquires Casino Riviera

Niji Narayan

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Novomatic Acquires Casino Riviera
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Novomatic, the Austria based gaming group, has taken over Casino Riviera in the Slovenian seaside resort of Portorož. The acquisition was made a few days ago. Novomatic now controls nine out of 26 licensed casinos in the country.

Novomatic acquired Casino Princess in Nova Gorica in June. In the past few years, Novomatic acquired the casinos Kongo near Grosuplje just south-east of Ljubljana and Lev in Ljubljana from Slovenian entrepreneur Joc Pečečnik.

Under the Admiral Slovenija brand, the Austrian group also operates casinos and hotels in Kozina (Admiral Casino Mediteran), Škofije (Casino Carnevale) and Ptuj (Casino Poetovio) and gaming parlours in Maribor (Casino Joker) and Lesce (Casino Tivoli).

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