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Paf Acquisition of Winga
Saturday January 10,2015 : P.A.F. ACQUIRES ITALIAN ONLINE GAMBLING OPERATOR
Acquisition of Winga.it will assist move into Italian market.
In an initiative designed to facilitate its entry into the Italian marker, the Aland-based online gambling group Paf has acquired the four-year-old online gambling operator Winga.it from mobile content provider Buongiorno.
The consideration paid in terms of the deal, which includes television channel WingaTV, has not been disclosed. WingaTV is integrated with the company's online gambling offers and broadcasts daily through both the Italian digital terrestrial television network and online streaming.
Winga is based in Milan, Italy and uses Playtech gaming software. The company generated Euro 10 million in revenues last year and employs just short of thirty people.
Paf CEO Anders Ingves said this week:
“The acquisition of Winga is part of our strategy of continued internationalisation and expansion. We see great potential in Winga’s well-established operational base in combination with Paf’s international industry experience and broad range of products.
“As a first step, we will expand Winga’s product range to include additional casino games and betting in the next few years.”
Winga CEO Assen Diakovski said he was bullish about the future: “Our market niche within casino TV in combination with Paf’s international gaming expertise makes me confident that together we can grow the business in Italy over the next few years,” he said in a statement.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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