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Bwin declares interest in Austrian lottery stake

 
/2007-10-22/

Online gaming company Bwin has officially expressed its interest in purchasing financial institution Bawag's 36 per cent stake in Austria's Oesterreichische Lotterien. Bwin joins vending machine firm Novomatic and Casinos Austria as the third company to declare an interest in buying the stake in the lottery monopoly.

Bawag's stake in the lottery operator is expected to cost one of the company's around €200 million.

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