NOVOMATIC enters the electronic lottery gaming market with the acquisition of Betware

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NOVOMATIC AG, through its subsidiary Novo Lottery Solutions GmbH, has acquired a majority shareholding in Betware Holding hf., the Icelandic gaming pioneer and the leader in online gaming solutions for the lottery market.

Through its subsidiary Novo Lottery Solutions GmbH, NOVOMATIC AG now owns a 90% shareholding in the Icelandic company, with the remaining 10% retained by the Betware management.

Founded in 1998, Betware has built a very strong position in the gaming market with its clear corporate focus of developing and delivering state of the art gaming platform and electronic lottery solutions for National and Private Lotteries and supporting their online operations.

More on this topic in the edition 47/December of our magazine, Casino Life & Business Magazine, the first gaming industry magazine from Romania.

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