Provider of sports betting and gaming solutions BetConstruct announced today it has penned a partnership agreement with gambling operator LVbet, underneath the terms of that your latter could be supplied with recreations wagering computer software. LVbet is licensed by the Malta Gaming Authority and it is oriented towards gambling customers from Eastern Europe.

The recently established gambling operator has chosen BetConstruct’s Odds Feed Service and can incorporate it, hence securing itself with usage of a lot more than 50 recreations gambling areas. The partnership involving the two companies comes included in LVbet’s technique to extend the range of its present offering beyond online casino choices.

What is more, it has been previously stated that the brand new gambling operator is seeking to attaining quick development throughout the Czech and Slovakian wagering markets.

LVbet established its casino that is online in of the 12 months after months of development and screening procedures. The gambling operator was started in 2015. Located in Malta, it is certified by the regional gambling regulator. The on-line casino currently features games by Microgaming, NetEnt, Thunderkick, and Wazdan. A unique rewards system is targeted at attracting and keeping players by offering them LV points because the moment they create an account with all the web site and place their first wagers.

Commenting on their collaboration with BetConstruct, Marcin Sapinski, CEO of LVbet, stated that they’re actually thrilled to be working together with a leading supplier of activities gambling solutions as this might allow them to supply their gambling customers the best possible solution and also to answer their needs in a faster manner. Continue reading “”

CVC Capital Partners Acquires Sisal for €1 Billion

CVC Capital Partners Acquires Sisal for €1 Billion

CVC Capital Partners announced it has further delved in to the world of gambling through another acquisition that is strategic. The equity that is private unveiled the purchase of Italian gambling operator and provider of re payment solutions Sisal Group S.p.A. for the amount of €1 billion.

Sisal ended up being founded in 1946 and contains since that time been providing numerous gambling choices and re payment solutions for gambling customers. It is also interesting to note that the company that is milan-based become the first of its type to operate in Italy being a Government Licensee. Sisal presently manages more than 45,000 points of sale situated throughout the country.

The private equity firm has not had presence in the Italian gambling market so far although CVC Capital Partners has substantial previous experience in the gambling industry. The business is known for formerly investing in major gambling that is UK-based William Hill. What is more, in March 2015, CVC Capital Partners acquired a majority stake an additional UK-based gambling company Sky Betting & Gaming. Lately, it absolutely was announced that the private equity firm would additionally purchase German operator Tipico.

Commenting on the latest announcement, Giampiero Mazza, Head of CVC Capital Partners’ Italian team described as one of the market leaders in Italy and has been offering diverse entertainment options across the country that they are pleased with the opportunity to work with and invest in Sisal as the Italian company has long ago established itself. Continue reading “CVC Capital Partners Acquires Sisal for €1 Billion”