where is foxwoods resort casino 301The British online gambling software providecasino l imperial annecyr and financial trading group announced Wednesday it will pay .05 billion in cash and debt to take over the reins of Snaitech, one of Italy’s largest gambling operators. It has made numerous acquisitions since its 2006 flotation on the London Stock Exchange and, today, employs 5,000 people in 17 countries. The British online gambling software providecasino l imperial annecyr and financial trading group announced Wednesday it will pay .05 billion in cash and debt to take over the reins of Snaitech, one of Italy’s largest gambling operators. my choice ameristar casinoThe company’s focus has always been on providing B2B software, although it does have some consumer business in Spain and Mexico.Playtech to Become Racetrack OwnerAs well as owning an online business and sports broadcasting unit, Snaitech operates ten betting shops in Italy and franchises out a further 1,600 under the SNAI brand. It supplies its franchisees with around 54,000 slot machines nationwide and some 10,000 video lottery terminals.Playtech will also inherit three race tracks, two in in Milan and one in Tuscany, an unusual departure for the online gambling giant.Snaitech employs 850 people and last year generated revenues of €890 million (.09 billion), with pretax profits of €41.6 million ( million).Playtech was founded in 1999 by the Israeli billionaire Teddy Sagi and supplies gaming software to some of the world’s biggest online gambling brands. On completion of that deal, it will acquire the remaining 29.4 percent of the company, subject to approval from remaining the shareholders.In an official statement, Playtech described Italy as “Europe’s largest and growing gaming market” but noted it was also a fragmented one that is relatively underdeveloped online in comparison with the UK. is sycuan casino open yet

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