According to reliable sources, London-headquartered multinational gaming company, International Game Technology PLC (IGT), recently announced that Lottomatica Holding S.r.l., it’s wholly owned subsidiary, has signed a definitive agreement to sell 100% of share capital of Lottomatica Scommesse S.r.l. and Lottomatica Videolot Rete S.p.A to Gamenet Group S.p.A.
For the record, Gamenet Group S.p.A. is a leading Italian gaming company that develops public games which are authorized by the Agenzia delle Dogane e dei Monopoli (Customs & Monopolies Agency).
Reportedly, the recent transaction by IGT is aimed at monetizing its authoritative status in the Italian B2C vertical of sports betting, gaming machines, and digital