× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine
GGA 2020 AffiliateCon
NEWS 2 September 2014

Playtech acquires Aristocrat Lotteries

By Brad Allen
Software and services provider Playtech has agreed to purchase Aristocrat Lotteries, a subsidiary of Australian supplier Aristocrat Leisure.

Playtech will pay €10.5m in cash, subject to certain adjustments and closing conditions.

Once completed, the acquisition will position Playtech’s land-based operation as one of the leading suppliers of video lottery terminal (VLT) systems in Europe and Latin America.

Aristocrat Lotteries is the exclusive server-based gaming provider for Norwegian lottery Norsk Tipping’s VLTs and supplies its system to a major operator in Italy – a key jurisdiction for Playtech.

The company has also recently completed a successful pilot project in another well-established regulated European country which, if commercialised, is expected to deliver further revenue opportunities.

Playtech COO Shay Segev said: “This is an excellent deal and further strengthens our leading position to retail operators in key regulated markets, while also creating new opportunities to expand in those territories as well as others.

“The Aristocrat Lotteries business is led by a first-class management team and has an excellent team of developers. We look forward to working closely with them in the future in order to build and further the results they have already achieved.”

IN-DEPTH 18 February 2020
A decade to remember

1xPartners is the innovative and exciting affiliate program offered by 1xBet, one of the world's leading sportsbooks and casinos. Offering ...
PR and Marketing
ActiveWin has ripped up the rulebook on the traditional agency prototype. Our model is based on performance - as you ...
Global Gaming Awards
Industry Awards
The Global Gaming Awards London recognise the most innovative companies and individuals of the gaming world. The Awards are powered ...
Systems and Software
We have partnered up with deVRealm in a joint venture for the development of new gambling technology platforms. The primary ...
Systems and Software
BetConstruct is a global award-winning technology and services provider for online and land-based gaming industry. BetConstruct's innovative and proven offerings ...
Systems and Software
The Leading iGaming Software Supplier in Asia
Newgioco Group
Systems and Software
Newgioco Group, Inc. (OTCQB:NWGI) is a premier leisure betting technology company providing regulated online and land-based gaming and sports ...
Systems and Software
NSoft is an award - winning internationally recognized software solutions provider for betting industry. The company has more than 200 employees ...
Digital Isle of Man
Legal and Jurisdictions
Digital Isle of Man is responsible for the thriving Digital sector in the Isle of Man, spanning the Island's international ...
Zimpler provides a complete In and Out payment solution for online services. That means we take care of identifying the ...