LeoVegas completes the acquisition of the Italian gaming operator Winga

On 21 February LeoVegas published a press release regarding the acquisition of the Italian gaming operator Winga. The acquisition was subject to approval by the Italian authorities and LeoVegas hereby announces that all conditions have now been met and that the acquisition and access of the shares...

London, 01/03/2017 (informazione.news - comunicati stampa - turismo)

On 21 February LeoVegas published a press release regarding the acquisition of the Italian gaming operator Winga. The acquisition was subject to approval by the Italian authorities and LeoVegas hereby announces that all conditions have now been met and that the acquisition and access of the shares is completed as of today.  

The acquisition of Winga.it, an Italian gaming operator with a license in the Italian market, gives LeoVegas an established position in Italy, Europe's largest regulated market. LeoVegas is acquiring 100% of the company, which had revenue of EUR 8.0 m in 2016.

The acquisition is being made for a cash consideration of EUR 6.1 m. The seller of Winga is PAF (Ålands Penningautomatförening).

For more information regarding the acquisition please refer to the press release published on 21 February 2017 that can be found on www.leovegasgroup.com.

Gustaf Hagman, Group CEO and co-founder: +46 70-880 55 22, gustaf.hagman@leovegas.com
Viktor Fritzén, Group CFO: +46 73-612 26 67, viktor.fritzen@leovegas.com
Philip Doftvik, Head of Corporate Finance and Investor Relations: +46 73 512 07 20, philip.doftvik@leovegas.com
Visitors address: Sveavägen 59, Stockholm
Corporate identity number: 556830-4033

www.leovegasgroup.com www.leovegas.com