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SportPesa enters Italian market with acquisition of RCS Gaming

18th July 2017 8:45 am GMT

Kenyan betting operator SportPesa has stepped up its international expansion with the acquisition of a majority stake in RCS Gaming, the iGaming arm of Milan-listed media giant RCS MediaGroup.

SportPesa has acquired a 75 per cent stake in the business, which operates the Playtech-powered Gazzabet.it gaming site for Italian sporting tabloid Gazzetta dello Sport.

The financial terms of the acquisition have not been disclosed, although Italian media reports that SportPesa paid a multi-million Euro sum for the stake in [...]

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