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CVC Capital Partners Acquires Sisal for €1 Billion

CVC Capital Partners announced so 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 payment solutions Sisal Group S.p.A. for the quantity of €1 billion.

Sisal had been created in 1946 and has subsequently been supplying gambling that is numerous and payment solutions for gambling clients. It is also interesting to note that the Milan-based business has get to be the first of its kind to operate in Italy as being a Government Licensee. Sisal currently manages significantly more than 45,000 points of purchase located all around the country.

Although CVC Capital Partners has substantial past expertise in the gambling industry, the private equity company have not had presence in the Italian gambling market to date. The organization is well known for formerly investing in major UK-based gambling operator William Hill. What’s more, in March 2015, CVC Capital Partners acquired a big part stake in another UK-based gambling company Sky Betting & Gaming. Most recently, it absolutely was announced that the private equity company would also buy German operator Tipico.

Commenting regarding the latest statement, Giampiero Mazza, Head of CVC Capital Partners’ Italian group revealed 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”

Betfair Extends Partnership with Arsenal FC Gambling operator Betfair announced that it has extended its partnership that is existing with Premier League football club Arsenal FC until 2019. The gaming company would become an Official Betting Partner for the professional football club in the United Kingdom, Europe, and Central and South America under the expanded deal.

What is more, Betfair could be secured with additional branding at fixtures that are to be played at the Emirates Stadium.

Included in the partnership agreement, the gambling operator will be able to use first-team footballers to ascertain marketing and promotional tasks. Betfair is going to be offered the opportunity to achieve Arsenal’s large group of fans through the club’s online channels and social media existence.

Commenting on the expanded relations for the soccer wolf run slot machine jackpot club as well as the gambling business, Paddy Power Betfair advertising and Brand Director Paul Gambrill stated they are actually satisfied with the contract’s expansion, adhering to a mutually beneficial very first period with the soccer team. Mr. Gambrill further noted that Arsenal are a fantastic team and that they have been getting excited about being able to help use its officials and also to engage its fan base during the next few seasons.

Vinai Venkatesham, Chief Commercial Officer of Arsenal, included that there are pleased using the possibility to carry on the gambling operator to their association as both events have actually enjoyed a successful partnership thus far. Continue reading “Betfair Extends Partnership with Arsenal FC Gambling operator Betfair announced”