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Newgioco scores top 5 market share in Italian online poker market in latest industry rankings

Among 30 operators in the country, Newgioco holds a 5.56% market share

Playing cards on smartphone and tablet screens next to stacks of cash and the Italian flag
Newgioco’s Italian operations include alternative online wagering services, resort concept casinos, retail neighborhood betting establishments and franchise distribution networks

Newgioco Group Inc (NASDAQ:NWGI) announced Tuesday that it achieved a top five market share in the Italian online poker market, according to industry publication Agenzia Giornalistica sul Mercato del Gioco (AGIMEG).

The AGIMEG report, which relies on data from Italian regulators, showed Newgioco as having a 5.56% market share, the fifth-highest of nearly 30 operators in the country.

READ: Newgioco Group prices its underwritten public offering of 4,166,666 units to the public at $2.40 per unit

Newgioco’s Italian operations include alternative online wagering services, resort concept casinos, retail neighborhood betting establishments and franchise distribution networks.

Newgioco, based in New York, operates in 12 countries around the world and offers its clients a full suite of leisure gaming products and services, such as sports betting, esports, virtual sports, online casino, poker, bingo, interactive games and slots.

Contact Andrew Kessel at [email protected]

Follow him on Twitter @andrew_kessel

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Price: 2.84 USD

NASDAQ:ELYS
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