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”Growing partnership:The two deals also enhance the long-term strategic partnership between Norsk Tipping and Playtech, with the latter having supplied the operator with online casino games since 2016 and terminals, games, VLT platforms, and services since 2003.The New York-listed firm used an official Monday press release to detail that the arrangement for its Lottomatica Videolot Rete SpA and Lottomatica Scommesse Srl subordinates will involve buyer Gamenet Group SpA handing over an initial €725 million (8.L) has inked a pair of commercial deals with Norway’s national lottery, Norsk Tipping, that will see it supply the Norwegian firm with a selection of video lottery terminals (VLTs) and online casino products....
Chief Operating Officer for Playtech, Shimon Akad, commented on the new agreements in a company press release…“Playtech content has proven to be very popular with Norsk Tipping’s players. It stated that the coming sale ‘remains subject to customary closing conditions including regulatory approvals’ and will moreover oblige the entity of private alternative investments specialist Apollo Global Management Incorporated to part with a final disbursement of €125 million (1.47 million) by September 30, 2022....
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