NewGioco expands in Italy

Betting technology firm NewGioco has expanded its presence in the Italian market with the signing of two new online operators based in Rome and Sardegna.

The new URLs 782-sport.it and gamesmart.it are scheduled to go live in the next week and are expected to increase the company’s online player base by around 500 new registrations each month which will bring an estimated 2.5 percent increase in net gaming revenue and increase annual betting turnover by approximately $18 million, the company said.

“We are quite pleased thus far with first quarter transactional performance as our Newgioco branding continues strong momentum throughout our core market in Italy,” Alessandro Marcelli, president of Newgioco said.

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