Noticias de ultima
  • 12.00 DS Virtual Gaming Drives Strategic Alliances and Regional Expansion in the Peruvian Market Starting at PGS 2025 
  • 12.00 SiGMA and its Huge Announcement Of A Strategic Partnership
  • 12.00 SBC Summit 2025 Highlights Africa with Mobile Innovation and Cultural Insight
  • 12.00 In 2024, EGBA Members Delivered €3,8 Billion in Taxes to European Governments
  • 12.00 Altenar Showcases Innovation and Global Ambitions at iGB Live 2025
  • 12.00 New Jersey Governor Signs Bill Banning University Sportsbook Partnerships
  • 12.00 Azerbaijan Approves Casino Legalization on Artificial Islands in the Caspian Sea
  • 12.00 Macau Reports Record-Breaking Q2 GGR for Casinos Since Post-Pandemic Reopening
  • 12.00 "Regulation of Remote Gaming and Remote Sports Betting in Peru": Conference at PGS 2025
  • 12.00 Canadian Football League: Soft2Bet’s Brand ToonieBet Named An Official Sports Betting and Casino Partner
Sportsbook

Cirsa acquires the other 50 % of Sportium to Ladbrokes for 70 M Euros

Friday 19 de July 2019 / 01:25

2 minutos de lectura

(Spain).- GVC Holdings, the UK company that owns Ladbrokes Coral, has announced an agreement to sell its 50% in Sportium Apuestas Deportivas to Cirsa, the Spanish gaming company controlled by the risk capital firm Blackstone.

Cirsa acquires the other 50 % of Sportium to Ladbrokes for 70 M Euros

The price of the operation, pending regulatory authorization, is 70 million euros. Cirsa will own the 100% of the capital. This way, it concludes a conflict on an arbitration court that faced two Sportium partners, a society that manages a network  from a betting house in Spain, created in 2013 by Cirsa and Ladbrokes.

As informed by Expansión last May 7th, Cirsa had demanded an activation of a clause for change of control of Ladbrokes Coral, which was acquired in 2018 by GVC. That clause granted Cirsa the right to buy the 50% of its partner at a market price. Besides, Ladbrokes alleged that Cirsa has also changed control in 2018, when Blackstone acquired Manuel Lao company.

Despite starting the arbitration procedure, the two parties had maintained friendly talks to solve the issue. GVC aim after this operation is to focus on Internet gaming, through brands such as BWin. In the UK, the company is preparing a plan to close a great nombre of stores.

According to Kenneth Alexander, delegate council of GVC, "the sale of its share on Sportium will enable to simplify the business in Spain, where bwin is one of the online leaders. We have enjojed a good relationship with Cirsa and we are delighted to keep on supporting them through a new agreement as Sportium provider."

In 2018, Sportium contributed with 2,5 million pounds to GVC operational benefit . With a network of 3,000 stores, the Spanish network managed 753 million in bets in 2017, both on their stores and in Internet.

Categoría:Sportsbook

Tags: Sportium, Sports Betting, Sportsbook , Online Betting, CIRSA, Ladbrokes,

País: Spain

Event

Peru Gaming Show 2025

18 de June 2025

DS Virtual Gaming Drives Strategic Alliances and Regional Expansion in the Peruvian Market Starting at PGS 2025 

(Lima, SoloAzar Exclusive).- With an innovative virtual offering, DS Virtual Gaming is positioning itself as a key player in the growth of the Peruvian gaming market. The company presented agile solutions for physical locations, highlighted the HD quality of its videos, and reaffirmed its commitment to local technical support. Discover how it plans to conquer new markets in Latin America in this interview with Jessica Quevedo, Head of Business Development LatAm. 

Thursday 10 Jul 2025 / 12:00

"Regulation of Remote Gaming and Remote Sports Betting in Peru": Conference at PGS 2025

(Lima, SoloAzar Exclusive).- Peru Gaming Show 2025 was once again the scene of valuable conferences on the present and future of Gaming within the Latam region. In this context, the lawyer and specialist in corporate and regulatory law, Constante Traverso was the speaker at the conference that gives title to this article, where he presented a critical look at the legal, tax and compliance aspects that affect the sector, as well as its benefits and sustainable development.

Thursday 10 Jul 2025 / 12:00

Air Dice Consolidates Its Presence in Peru: Regional Outreach and Strengthened Ties at PGS 2025

(Lima, SoloAzar Exclusive).- Air Dice reaffirms its strategic commitment to the Peruvian market during its participation in Peru Gaming Show 2025. Rocío Moitino, Director for Latin America, shared how this event not only boosted the company's regional expansion but also deepened its closeness with key operators, in an environment that focuses on regulation, innovation, and cross-sector collaboration.

Thursday 10 Jul 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO