Lottomatica CEO says Cirsa merger will not materially change Italian market concentration
Lottomatica chief executive Guglielmo Angelozzi said the planned merger with Cirsa would not materially alter concentration in Italy. He said the businesses and brands were complementary and that the integration strategy would need to reflect each market’s technology, regulation and competitive conditions.
The CEO’s view on Italian concentration and market-specific integration matters to regulators assessing competition and operators planning integration.