Novomatic, the leader in the gambling market in Eastern and Southeastern Europe, has finalized the acquisition of Albanian National Lottery.
Following a tender process in 2012, Lotaria Kombëtare was granted a ten-year license to manage the Albanian National Lottery. With the completion of the acquisition of Lotaria Kombëtare by Novomatic, the company now has a full suite of tools to manage the Albanian Lottery. Given Novomatic's many years of experience, it can be assumed that the efficiency of the Albanian National Lottery will increase.
Harald Neumann, CEO of Novomatic AG said:
Following the successful acquisition of 100% shares in Lotaria Kombëtare, we intend to further strengthen our position of providing a full range of services to the gaming industry in this region.
In November this year, Novomatic announced the expansion of its presence in the Asian market.
Source : http://newsofgambling.com/