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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 (8.52 million) before making a subsequent €100 million (1.47 million) by September 30, 2022....

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”“These new agreements are also a testament to our strength in games content for online casino and VLT rkeno live vic gvqtetail markets, including the highly regulated and responsible-gaming oriented markets of Norway and the Nordic region. Aligning with our re17 million) payment by the end of next year....

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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 online casino agreement will allow Norsk Tipping to access the Isle of Man-headquartered developer’s extensive range of innovative online casino games comprising its lineup of premier content studios including Ash Gaming, Vikings, Quickspin, Origins and Rarestone, the newest addition to the Playtech studios family.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....

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The two agreements come after as many public procurement processes by the government-owned lottery company.17 million) payment by the end of next year.Read a statement from Sala…“The transaction enables IGT to monetize its leadership positions in the Italian business-to-consumer gaming machine, sportsbetting and digital spaces at an attractive multiple to comparable Italian transactions, providing us with enhanced financial flexibility....

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17 million) payment by the end of next year.Arrears appeasement:IGT additionally revealed that it expects the first stage of this arrangement to have been completed by the end of June and will subsequently utilize the proceeds from the sale of its Italian business-to-consumer gaming machine, sportsbetting and digital gaming establishments to reduce overall company debt.”Rubik’s Cube launch:The agreements follow the release of Playtech‘s new slot, Rubik’s? Cube, based on one of the world’s most iconic puzzle games....