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Gauselmann JV makes move to acquire Intralot’s Totolotek in Poland

19th December 2018 11:54 am GMT

Gauselmann Group has formed a new joint venture to acquire Intralot-owned Polish betting operator Totolotek.

Poland’s Office of Competition and Consumer Protection (UOKiK) has received an application from XTIP Polska regarding a takeover offer for Totolotek for an undisclosed amount.

XTIP Polska is a joint venture between Gauselmann’s Merkur Sportwetten and venture capital firm TMT Investments.

Totolotek was founded in 1992 and is the leading betting operator in Poland with more than 260 betting points across the country. [...]

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