It has been reported in the last hour that the GTECH Corporation has acquired 90% of St Minver Limited, which is part of the Gibraltar-based St Enodoc Holdings Limited, subject to regulatory conditions but it is thought to be completed by the end of this quarter.

St Minver are a major player in providing white label gaming services including online bingo games and online bingo solutions. They offer services for blue-chip media brands and integrated gaming solutions for European sportsbooks and are a popular choice for many UK-based online bingo halls.

GTECH is reportedly putting up 28 million Euros with up to 13.6 million more depending on the performance of the company during the next 2 years.