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Lottomatica teams up with Emma Capital to bid for Italian Lotto concession

17th March 2016 7:20 am GMT

IGT’s Lottomatica subsidiary has entered into a consortium with Italian Gaming Holding (IGH), a subsidiary of Czech lottery operator SAZKA and investment vehicle Emma Capital, to bid for the Italian Lotto tender.

Other consortium members include Arianna 2001, an entity affiliated with the Federation of Italian Tobacconists, and Novomatic Italia, although Lottomatica will have a 61.5 per cent equity stake in the business.

IGH will have a 32.5 per cent stake in the joint [...]

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