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Novomatic Acquires Betware


NOVOMATIC AG, through its subsidiary Novo Lottery Solutions GmbH, has acquired Betware Holding hf., an Icelandic pioneer and a leader in online gaming solutions for the lottery market.

Founded in 1998, Betware has built a very strong position on the gaming market with a clear focus on developing and delivering state of the art gaming platform and lottery solutions for National Lotteries and supporting their online operations.

Betware's offering will complement NOVOMATIC's product portfolio and provide a connecting link into the lottery world. NOVOMATIC, one of the largest conglomerates of the international gaming industry, will focus on building its presence in the lottery industry in cooperation with Betware.


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