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Intralot Buys Stake in bit8

Gambling provider Intralot has revealed that they have revealed that they have purchased a 35% share in gaming platform firm bit8.

The amount paid for bit8 has not been revealed by Intralot, but the deal will reportedly allow Intralot to purchase up to 60% of the group over the next two years. Intralot plans to use the platform to boost its casino gaming and sportsbetting services.

For bit8, the purchase will allow expand the company's reach to more customers and develop new content for their customers.

No further details have been revealed, but Casino Listings will update this story as more developments arise.

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