Provider of sports betting and gaming solutions BetConstruct announced today it has penned a partnership contract with gambling operator LVbet, underneath the regards to that the latter could be given recreations gambling computer software. LVbet is licensed by the Malta Gaming Authority and it is oriented towards gambling customers from Eastern Europe.

The recently founded gambling operator has opted for BetConstruct’s Odds Feed provider and can incorporate it, hence securing itself with access to a lot more than 50 sports betting markets. The partnership between the two businesses comes included in LVbet’s strategy to expand the range of its present offering beyond online casino choices.

What’s more, it was previously stated that the brand new gambling operator is seeking to attaining quick growth throughout the Czech and Slovakian betting areas.

LVbet launched its casino that is online in with this 12 months after months of development and screening procedures. The gambling operator ended up being founded in 2015. Based in Malta, it’s licensed by the gambling regulator that is local. The online casino currently features games by Microgaming, NetEnt, Thunderkick, and Wazdan. A unique benefits system is targeted at attracting and retaining players by providing them LV points because the minute they create a merchant account with the site and place their bets that are first.

Commenting on the collaboration with BetConstruct, Marcin Sapinski, CEO of LVbet, stated that they are really happy to be working with a number one supplier of recreations gambling solutions as this could enable them to offer their gambling customers the perfect service and also to react to their needs in a faster manner. Continue reading “”

CVC Capital Partners Acquires Sisal for €1 Billion

CVC Capital Partners Acquires Sisal for €1 Billion

CVC Capital Partners announced it has further delved into the world of gambling through another acquisition that is strategic. The equity that is private revealed the purchase of Italian gambling operator and provider of re payment solutions Sisal Group S.p.A. for the total amount of €1 billion.

Sisal had been started in 1946 and it has subsequently been supplying gambling that is numerous and payment solutions for gambling clients. It’s also interesting to note that the company that is milan-based become the first of its kind to operate in Italy being a Government Licensee. Sisal currently manages a lot more than 45,000 points of sale found all over the country.

Although CVC Capital Partners has substantial past expertise in the gambling industry, the private equity firm has not had presence in the Italian gambling market so far. The organization is well known for previously purchasing major gambling that is UK-based William Hill. What’s more, in March 2015, CVC Capital Partners acquired a majority stake an additional UK-based gambling company Sky Betting & Gaming. Lately, it had been announced that the equity that is private would additionally buy German operator Tipico.

Commenting in the latest statement, Giampiero Mazza, Head of CVC Capital Partners’ Italian team described as one of the market leaders in Italy and has been offering diverse entertainment options across the country that they are pleased with the opportunity to work with and invest in Sisal as the Italian company has long ago established itself. Continue reading “CVC Capital Partners Acquires Sisal for €1 Billion”