Intralot to merge with Gamenet in Italy

Intralot Group and Trilantic Capital Partners Europe, the controlling shareholder of Gamenet, have signed a memorandum of understanding to merge the Italian activities of the Intralot Group into those of Gamenet, a VLT and AWP concessionaire and retailer in Italy and a betting and online operator.

Following completion of the transaction, Intralot Group is to control 20 per cent of the combined operations.

With a network of approximately 800 betting POS, that will continue to use Intralot’s brand name, around 8,200 VLTs, over 50,000 AWPs and more than 60 directly-owned and managed gaming halls, the new group will become one of the largest operators in the Italian gaming market.