The firm continues growing in the Italian market

Codere acquired 75% of Gaming Service

(Italy).- Codere Italia, a society belonging to Codere Group, a multinational leader in the private gaming market in the country, announced the acquisition of 75% of the Italian company Gaming Service.
2011-07-27
Reading time 1:03 min
(Italy).- Codere Italia, a society belonging to Codere Group, a multinational leader in the private gaming market in the country, announced the acquisition of 75% of the Italian company Gaming Service.

Gaming Service is a society that operates in the sector of recreational machines with venue in Formello (Rome), under the management of Giovanni Gargelli, a successful businessman that has taken its company to reach important aims and which cover, through its 1,235 machines placed a 95% in bars, a wide territory comprising Piedmont, Lombardy, Liguria, Tuscany, Emilia-Romagna and Lacio.

“Today, Gaming Service profile fully corresponds to Codere “ideal partner”, both for its expanded presence in the territory and its strength and professionalism of its team work”, declared Alejandro Pascual, CEO of Codere in Italy.

“Gaming Service is a serious company, interested in sharing an operational plan of long-term development. Codere growth in Italy will continue through new agreements with professional companies in the sector. Professionalism in this field cannot be improvised. We have always known that and it is also the clear message transmitted by Public Administration, but we know that it is the result of the task carried out with seriousness and respect for the norms”, he added.

Besides, the delegate council of Gaming Service, Giovanni Gargelli, declared: “The agreement recently reached with Codere represents a great support for our company in order to achieve the goals we have set. The joint venture to a solid, well organized group with well-known international experience will allow Gaming Service to focus even more in the market and face challenges with determination and strength.”

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