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Tag Archives: Favorit

Russia – Intralot buys Kelicom to control Russian Favorit

Greek lottery group Intralot has increased its stake in Kelicom to 100 per cent from 33 per cent previously, gaining a controlling stake in Favorit, one of the leading sports betting operators in Russia. Kelicom held a strategic stake of 74.9 per cent in Favorit. The transaction for the 67 per cent stake in Kelicom…