In principle, "Co. Ltd.," "Corporation," etc., are omitted from the names of companies and organizations. Gamenet S P A : Final results of the mandatory tender offer for all the ordinary shares of.. Gamenet S P A : Interim results of the mandatory tender offer for all of the ordinary shar.. Gamenet S P A : The 90% threshold has been exceeded on february 13, 2020. In December 2020, Gamenet announced the acquisition of the Italian online, sports betting and gaming machines businesses (together the "target") of International Game Technology PLC (Ba3, stable) for EUR950 million[1]. Founded Date 2006. The company's retail network has been closed since November 2020 and the re-opening date is still uncertain at this stage. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Moodys SF Japan K.K. Investor Relations Gamenet Group SpA GAMEm Financial Information Morningstar Rating | Rating as of Apr 12, 2023 Quote Chart Stock Analysis . PDF. Gamenet Group SpA is an Italy-based gaming company. Gamenet Group S.p.A. entered into an agreement to acquire Lottomatica Videolot Rete S.p.A. and Lottomatica Scommesse S.r.l. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. KME GROUP: AGREEMENT WITH GOLDEN DRAGON TO SELL KME'S 50% SHAREHOLDING OF "KMD" JOINT VENTURE IN HONG KONG AND ACQUIRE 100% SHARES OF KMD CONNECTORS STOLBERG GMBH EN KME GROUP: NEW BANK FACILITY AGREEMENT EN KME SE ELECTS TO REDEEM IN ADVANCE ITS 300 MILLION 6% SENIOR SECURED NOTES DUE 2023 EN Renewal of Bank Facility for working capital lines Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Investors. The company's operating segments include Betting retail; Online; Retail and Street Operations; Amusement with prize machines (AWP), and Video lottery terminals (VLT). Our Strategy; Our Brands; B2B Solutions; History; Corporate Governance. LINK. Lottomatica ha ottenuto un nuovo rating ESG pari a 9.4, che equivale ad un rischio trascurabile (negligible) di subire impatti finanziari significativi da fattori ESG. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. COMPANY PROFILE Founded in 2006 and headquartered in Rome (Italy), Gamenet will be the largest concessionaire in the Italian gaming market. IGT (NYSE:IGT) is a global leader in gaming. Operating Status Active. 13917321005, +39 06 89 86 51 We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Investor Relations. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Franklin Lakes, NJ 07417. MOODYS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT OR IMPAIRMENT. Le nostre scelte per un futuro sostenibile. IGT expects that the transaction will close in the first half of 2021. Credit Suisse International is acting as lead financial advisor to IGT, UBS is acting as financial advisor and fairness opinion advisor to IGT and its Board of Directors, and White & Case and NCTM are advising IGT. For ratings issued on a program, series, category/class of debt or security this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series, category/class of debt, security or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Rating Action: Moody's affirms Gamenet's CFR at B1; outlook changed to stableGlobal Credit Research - 17 Mar 2021 Paris, March 17, 2021 -- Moody's Investors Service ("Moody's") has today affirmed . After submitting your request, you will receive an activation email to the requested email address. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. Proceeds from the EUR525 million senior secured notes along with EUR225 million of equity will be used to finance the EUR725 million instalment due at closing and transaction costs. Via degli Aldobrandeschi, We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Copyright 2023 Surperformance. Further information on the UK endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com. MOODYS ISSUES ITS CREDIT RATINGS, ASSESSMENTS AND OTHER OPINIONS AND PUBLISHES ITS PUBLICATIONS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE, MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE.MOODYS CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODYS CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. "The transaction enables IGT to monetize its leadership positions in the Italian B2C gaming machine, sports betting, and digital spaces at an attractive multiple to comparable Italian transactions, providing us with enhanced financial flexibility,"said Marco Sala, CEO of IGT. Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. The company's operating segments include Betting retail; Online; Ret, a. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut al, agna aliqua. +39 06 89 86 51. Gamenet Group's Profile, Revenue and Employees. Crediamo che ognuno di noi, con il proprio talento e la propria passione, sia determinante per il successo e il raggiungimento degli obiettivi del nostro gruppo. from 8 AM - 9 PM ET. Provide specific products and services to you, such as portfolio management or data aggregation. RATINGS RATIONALE Proforma the acquisition, Gamenet will have a stronger business profile as the company will double its size and become the leader in the Italian gaming market. Reuters->. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Gamenet operates in the gaming sector, with a strong presence in the slot machines and video-lotteries businesses. The deal values the two businesses - Lottomatica Videolot Rete and Lottomatica Scommesse - at around 1.1 billion euros including debt, IGT said, adding the sale of the units would happen at "an attractive multiple". Effective today, Michael Vale has been appointed to Group President and Chief Business and Country Officer, a new role on the company's Corporate Operations Committee, reporting to chairman and CEO Mike Roman. MOODYS CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND MOODYS CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT AND DO NOT PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. IGT will retain some gaming activities in Italy, including the popular lotto game, Do Not Sell My Personal Information (CA Residents Only). Learn how it impacts everything we do. ArenaNet LLC | 18,640 followers on LinkedIn. 1Aggregated adjusted EBITDA, a non-GAAP measure, is based on the aggregated IFRS standalone audited statutory results of Lottomatica Videolot Rete S.p.A, Lottomatica Scommesse S.r.l. International Game Technology PLC Announces Agreement To Sell Italian B2C Gaming Business For 950 Million In Cash USA - English - Favorable rebalancing of business and geographic mix improves. Perfectly integrated with digital assets, Mooney grants our community a safe yet innovative, quick, and easy . Official notification to shareholders of matters to be brought to a vote ("Proxy"), Statement of changes in beneficial ownership of securities. LIQUIDITY PROFILE Moody's considers Gamenet's liquidity to be good and supported by EUR273 million of proforma cash and cash equivalents on balance sheet as of December 2020 and a EUR222 million available RCF. The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the UK and is endorsed by Moody's Investors Service Limited, One Canada Square, Canary Wharf, London E14 5FA under the law applicable to credit rating agencies in the UK. Possiamo contare sulle competenze di 1.600 dipendenti diretti e di oltre 16.000 persone che lavorano nella nostra rete specialistica in franchising. from Lottomatica Holding S.R.L. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Download. The Investor Relations department of NOVOMATIC AG is the main source for publishing financial information of the NOVOMATIC AG Group. Get the full list, To view Lottomaticas complete subsidiaries history, request access, To view Lottomaticas complete esg history, request access, Morningstar Institutional Equity Research. 1 Becton Drive. PDF. All rights reserved. Impregilo: Interim Financial Report as at 30 September 2013. Wed like to share more about how we work and what drives our day-to-day business. January 18, 2023 iliad successfully completes a 750 million bond issue December 5, 2022 Q3 2022 Results Press Release November 15, 2022 You must click the activation link in order to complete your subscription. MOODYS CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. Lottomatica will process your data exclusively for the purposes referred to in the contact request and in any case according to the principles set out in the applicable legislation on the protection . We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. Our financial highlights Financial results Explore our financial statements, earning releases and summary presentations on a quarterly and annual basis. This was made possible because of the company's financial mitigation plan and government supportive measures, namely furlough scheme. Meet the IR team. Personalize which data points you want to see and create visualizations instantly. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided AS IS without warranty of any kind. This news release contains references to aggregated adjusted EBITDA, which is a non-GAAP measure. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit, General contact email for the organization, Auto-generated name of transaction (e.g. Public Fundamental Data provided by Morningstar, Inc. Gamenet Group SpA is an Italy-based gaming company. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. - Lottomatica Videolot Rete and Lottomatica Scommesse, IGT's Italian business was delisted from the Milan bourse in 2015 following the acquisition of its U.S. subsidiary. Management believes the use of non-GAAP measures, including aggregated adjusted EBITDA, provides investors with additional useful information, but it is not intended to nor should it be considered in isolation or as a substitute for the related GAAP measures. Therefore, credit ratings assigned by MSFJ are Non-NRSRO Credit Ratings. Email address. IGT's Italian business was delisted from the Milan bourse in 2015 following the acquisition of its U.S. subsidiary. Disponiamo della maggiore infrastruttura specializzata nella distribuzione di prodotti e servizi di gioco in Italia e siamo leader del mercato in tutti i segmenti in cui operiamo. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. Gruppo IVA 15432831004 for an enterprise value of approximately 1.1 billion. IGT has approximately 11,000 employees. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Gamenet Group SpA is an Italy-based gaming company. . (Reporting by Francesca Landini. Read our editorial policy to learn more about our process. Rispondiamo proattivamente alle esigenze dei nostri clienti e delle nostre persone, promuoviamo il dialogo costruttivo con tutti i nostri stakeholder per garantire strategia e programmi di eccellenza sui temi ESG. Data Provided by Refinitiv. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. . Gamenet Group SpA GAMEm Executive Morningstar Rating | Rating as of Apr 28, 2023 Quote Chart Stock Analysis News Price vs Fair Value Sustainability Trailing Returns Financials Valuation. Negative pressure on the rating could occur if: (i) the company's performance weakens or is hurt by a changing regulatory and fiscal regime, including the terms of concessions renewal; (ii) Moody's-adjusted leverage remains above 4.0x for an extended period; (iii) free cash flow deteriorates and liquidity weakens.PRINCIPAL METHODOLOGY The principal methodology used in these ratings was Gaming Methodology published in October 2020 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1244702. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Investor Relations. Puntiamo sull'innovazione tecnologica e sul digitale per garantire un'offerta unica e sicura, divertente e coinvolgente. For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. info@lottomatica.com All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement. 10 Memorial Boulevard A lower score indicates better sustainability, Exposure refers to the extent to which a company is exposed to different material ESG issues, Management is related to actions taken to manage ESG issues. CREDIT RATINGS, NON-CREDIT ASSESSMENTS (ASSESSMENTS), AND OTHER OPINIONS INCLUDED IN MOODYS PUBLICATIONS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. Copyright 2023 Morningstar, Inc. All rights reserved. C.F. MJKK and MSFJ are credit rating agencies registered with the Japan Financial Services Agency and their registration numbers are FSA Commissioner (Ratings) No. This is due to the EUR225 million equity contribution and the EUR225 million deferred payments that will be financed with internal cash generation or equity from the sponsor. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Investor Relations Overview; Investor Presentations; Investor Fact Book; News Releases; Quarterly Earnings; SEC Filings & Reports; Executive Committee; Corporate Governance; Win whats next. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Gamenet S P A : Proposed acquisition of gamenet group s.p.a. by gamma bidco s.r.l. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. 0001104659-23-043485.pdf. We aim to provide our investors with insightful, transparent and precise information to help aid a detailed understanding of the financial strength of our business. (MJKK) is a wholly-owned credit rating agency subsidiary of Moody's Group Japan G.K., which is wholly-owned by Moodys Overseas Holdings Inc., a wholly-owned subsidiary of MCO. Lowell is a group of companies operating across Europe and includes: Lowell Portfolio I Ltd (company number 4857418) and Lowell Financial Ltd (company number 4558936 . Paris, August 06, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Gamenet Group S.p.A. and other ratings that are associated with the same analytical unit. The transaction values the businesses being sold at an enterprise value of approximately 1.1 billion. Statutes. Investor Relations Overview; Investor Presentations; Investor Fact Book; News Releases; Quarterly Earnings; SEC Filings & Reports; Executive Committee; Corporate . Financial Documents ( https://www.sisal.com/eng/governance/financial-documents) IGT (NYSE:IGT) is a global leader in gaming. The subsequent instalments (EUR100 million due on or prior to December 2021 and EUR125 million due on or prior to September 2022) will be financed with internal cash generation or equity from the sponsor. IR@signify.com. Through this experience, the individual will work with multiple teams at Starwood Capital and . - Favorable rebalancing of business and geographic mix improves IGT's future profit margin and cash flow generation, - Focus within IGT's Global Gaming segment on core competency as a B2B service provider, - Proceeds will primarily be used for debt reduction, enhancing IGT's financial flexibility. WhatsApp acquired by Facebook). Wed like to share more about how we work and what drives our day-to-day business. Copyright 2023 Morningstar, Inc. All rights reserved. It generates maximum revenue from the Amusement with prize machines (AWP) segment. Il Bilancio di Sostenibilit lo strumento attraverso il quale perseguiamo limpegno di rendicontare non solo gli impatti economici e finanziari, ma anche quelli sociali e ambientali derivanti dalla nostra attivit di impresa. Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452Francesco Luti, +39 3485475493; for Italian media inquiriesJames Hurley, Investor Relations, +1 (401) 392-7190, Cision Distribution 888-776-0942 These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. For more information, please visitwww.igt.com. Since the acquisition of Goldbet, Gamenet has been the Italian leader in sports betting with the largest network of betting shops while the target is the Italian leader in gaming machines with the largest network of points of sale in the country. Learn how it impacts everything we do. | We're ArenaNet and we . IGT (NYSE:IGT) is a global leader in gaming. 2 and 3 respectively.MJKK or MSFJ (as applicable) hereby disclose that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by MJKK or MSFJ (as applicable) have, prior to assignment of any credit rating, agreed to pay to MJKK or MSFJ (as applicable) for credit ratings opinions and services rendered by it fees ranging from JPY125,000 to approximately JPY550,000,000.MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements.

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