Lottoland Expands Into Italy with Giochi24 Acquisition
Despite the much publicized battles in Australia, Lottoland show no signs of slowing down their global reach in online lottery markets. Today the Gibraltar-based Lottoland announced they have acquired the majority share in Giochi24 which is one of the leading online lottery and online game sites in Italy.
Giochi24 has been running since 2008 and was one of the first operators to get approval by the Italian Regulator. In addition Lottoland will also be launching their own site lottoland.it in Italy which will offer the public the opportunity to play both instant win, scratch cards and keno games. In addition lotteries like SuperEnalotto and 10e Lotto will be available to play.
This latest acquisition for Lottoland means they now have 8 national gambling licenses which include the UK, Ireland, Australia and Gibraltar.
Commenting on the acquisition, Lottoland CEO Nigel Birrell said,:” We are delighted to have partnered with Giochi24 and to enter into the regulated Italian market. Italy is a vibrant, growing market with huge potential and we are very confident there is a strong appetite for our jackpot offering.”
CEO of Giochi24 Paolo Di Feo was equally chuffed at the new partnership and said, ” We are very excited to have partnered with Lottoland and the opportunities that will bring to both businesses. We are also thrilled to be able to provide Italian players with two sites, Giochi24.it and Lottoland.it. We are now in a great position to fulfil our mission – to have the most complete offering of games of luck and lotteries that are approved by the regulator and available to players in a simple and easy format.”