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

The recently founded gambling operator has plumped for BetConstruct’s Odds Feed Service and will integrate it, hence securing it self with use of a lot more than 50 activities wagering areas. The partnership between the two businesses comes included in LVbet’s strategy to expand the range of its offering that is current beyond casino choices.

What is more, it’s been previously stated that the brand new gambling operator is looking to achieving quick development throughout the Czech and Slovakian gambling areas.

LVbet launched its casino that is online in of the year after months of development and evaluating procedures. The gambling operator had been launched in 2015. Located in Malta, it’s certified by the neighborhood gambling regulator. The casino that is online features games by Microgaming, NetEnt, Thunderkick, and Wazdan. A unique benefits system is targeted at attracting and retaining players by offering them LV points considering that the minute they create a merchant account because of the internet site and put their first bets.

Commenting on the collaboration with BetConstruct, Marcin Sapinski, CEO of LVbet, stated they are really pleased to be working with a number one supplier of sports wagering solutions as this might permit them to offer their gambling customers the perfect service and also to respond to their requirements in a quicker way. Continue reading

CVC Capital Partners Acquires Sisal for €1 Billion

CVC Capital Partners Acquires Sisal for €1 Billion

CVC Capital Partners announced so it has further delved in to the world of gambling through another acquisition that is strategic. The personal equity firm 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 created in 1946 and contains subsequently been supplying many gambling choices and re payment solutions for gambling clients. Additionally it is interesting to note that the company that is milan-based get to be the to begin its sort to operate in Italy as a Government Licensee. Sisal currently manages more than 45,000 points of sale situated all around the nation.

Although CVC Capital Partners has substantial past expertise in the gambling industry, the private equity company has not had existence within the Italian gambling market up to now. The company is known for formerly purchasing major UK-based gambling operator William Hill. What is more, in March 2015, CVC Capital Partners acquired a big part stake in another gambling that is UK-based Sky Betting & Gaming. Of late, it absolutely was established that the personal equity firm would additionally buy German operator Tipico.

Commenting regarding the latest statement, Giampiero Mazza, Head of CVC Capital Partners’ Italian team revealed that they are satisfied with the opportunity to use and spend in Sisal once the Italian business has way back when founded itself among the market leaders in Italy and has been offering diverse entertainment choices in the united states. Continue reading