Empire Global finalises series of material acquisitions

Italian-facing online and offline gambling firm Empire Global has completed the acquisition of two gaming companies.

Although the identities of the businesses were not revealed, Empire did state that one is a gaming software development company and licensed betting platform, and the other a management company that operates a large portfolio of land-based gaming agencies in Italy.

In a statement, Empire said the acquisitions will bring to Empire a full staff of software engineers, marketing and customer care agents, as well as a number of experienced gaming specialists.

The company will now appoint key executives from the group to its own board of directors, with executive staff to continue its development strategy in Italy.

Michele Ciavarella, chairman and chief executive of Empire Global, said: “The acquisitions of these enterprises demonstrates the commitment of our senior management in Italy and a high level of trust and confidence the key executives show in the opportunity that Empire has in the Italian market

“The land-based portfolio managed by this team represents a major inflection point for Empire and a portal to multiply our land-based distribution vertical by providing turn-key operating locations prior to the completion of the renewal auction.

“Empire management has fostered this strategy for the past two years and is absolutely delighted to realise a substantial economic benefit to our operations as a result.”

Related article: Empire Global subsidiary expands sports betting reach in Italy