As of December 1, 2018, Lottomatica S.p.A. was acquired by Lottomatica Holding S.r.l. Lottomatica S.p.A. engages in the gaming and betting business in Italy. The company operates through five segments, retail betting, online, amusement with prize (AWP), video lottery terminal (VLT), and retail and street operations. Its AWPs are represented by traditional slot machines. The company engages in the betting and online games, such as poker, casino games, bingo, horse racing, and bingo and prediction games. Its distribution network includes betting rights, VLT licenses, operating permits, and gaming halls. Lottomatica S.p.A. was formerly known as Gamenet Group S.p.A. and changed its name to Lottomatica S.p.A. in May 2021. The company was founded in 2006 and is based in Rome, Italy.