ECONOMY

Intralot strengthens presence in Russia

Intralot Holdings SA acquired Kelicom to strengthen its position in Russia?s sports betting market, according to an e-mailed statement from the Athens-based company on Wednesday.

Intralot, which held a 33 percent stake in Kelicom prior to the transaction, said the deal has been approved by regulators. [Bloomberg]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.