Intralot Acquires Stake In Eurobet

Expands presence in Bulgarian market

Greek gaming firm INTRALOT Group has acquired a 49 percent strategic stake in EuroBet, via its Bulgarian subsidiary, BILOT.
The acquisition expands INTRALOT's already strong presence in the Bulgarian market through its 49 percent ownership of Eurofootball, who has offered fixed odds and live betting thorough a network of 850 shops, since 2002.
Antonios Kerastaris, INTRALOT Group chief executive commenting on the announcement, said: "This acquisition aligns with our business growth strategy to seal strategic partnerships with strong local players.
"Through synergies with Eurobet's assets we will be able to further boost our operations in Bulgaria and sustain our leading position in the area."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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