Lottomatica Group has recently announced that its subsidiary Spielo Manufacturing will provide a new server-based gaming central system, retailer terminals, several thousand VLTs, game content and services to Gamenet in Italy, under a multi-year agreement.

Spielo expects to receive revenues in the range of €40m to €45m from the agreement. Operations will begin in early 2010.

“We look forward to entering this extremely competitive VLT market, which is about to become the largest of its kind in Europe,” said Spielo president and CEO Victor Duarte.

Gamenet CEO Ezio Filippone said: “Through this VLT investment and agreement with Spielo, Gamenet will expand its gaming portfolio beyond the current slot machines, betting, poker including Texas Hold’em, and skill games.”