bwin, a provider of sports betting, poker, casino games, soft and skill games, as well as audio and video streams of top sporting events, announced the closing of Gioco Digitale S.p.A acquisition.
Gioco Digitale’s management team joins bwin to develop poker and other products in European markets where liberalization and local regulation are emerging.
The operational business of the bwin Group is carried out by subsidiaries and associated companies on the basis of licences.
Its holding company bwin Interactive Entertainment AG, which is listed in the ATX on the Vienna Stock Exchange, provides various services such as software development, marketing, communications, human resources and finance for its subsidiaries and associated companies.
According to an official statement, the deal will enable bwin to capitalize on the growth potential of the Italian online gaming industry which is supported by modern, pro-active regulation.