SectorWire
SearchGet the daily briefing
Menu

Intralot sells indirect Athens casino stake for €8 million

Deals & M&A

Intralot said it sold its 50% holding in Karenia Enterprises, which held an indirect interest in the Athens casino business, for €8 million. The sale follows its acquisition of Bally’s International Interactive business and reflects a focus on lottery and iGaming, the company said.

The sale exits Intralot’s casino holding as the company focuses on lottery and iGaming.

Connections

Request a correction

Keep reading

Deals & M&A

Macau Legend extends loan repayments to 2030 under revised terms

Macau Legend Development said revised bank-loan arrangements have extended repayment periods on two facilities to 2030, and that it has begun repayments under the new terms. As of 31 October 2026, HK$1.96 billion remained outstanding on a HK$2.3 billion term facility; the company said HK$4.5 million had been repaid.

Macau Legend Development has begun repaying bank loans under revised arrangements as it works to address the issues behind its auditor’s disclaimer of opinion, the company said. Further steps may still be necessary to resolve those issues.

Continue reading