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Novomatic completes Albanian National Lottery acquisition

5th December 2016 8:27 am GMT

Austrian gaming giant Novomatic has strengthen its Eastern European operations through the acquisition of the Albanian national lottery, Lotaria Kombëtare.

Novomatic completed the acquisition of Lotaria Kombëtare last week, although it did not disclose the financial terms of the transaction.

Lotaria Kombëtare has been active in the Albanian market since 2012, when the Austrian Lotteries-backed business won a tender to operate the national lottery. The company beat competitors such as Lottomatica and Czech operator Synot to secure [...]

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