Tag: Novomatic Betware
Novomatic completes Betware acquisition
November 14, 2013
iGaming Business – Integrated global gaming firm Novomatic, through its subsidiary Novo Lottery Solutions GmbH, has acquired a 90% majority shareholding in Icelandic interactive gaming solutions developer and supplier Betware. Novomatic confirmed in a statement that Betware management would retain the remaining 10% of the company. “Our acquisition of Betware has been a logical step to further enhancing our competency in electronic and video lottery technologies,” Novomatic’s chief technology officer, Thomas Graf, said. “With our combined resources, know-how and industry expertise we will be able to offer any lottery operator a 360-degree-solution for all distribution channels including online, mobile and…