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Lottomatica Scommesse to buy Totosi for over 40 million euros

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The owner of the Better.it brand agreed to buy the four branches of the Totosi group, including Italian concessions for sports and horse race betting as well as the international website licensed in Malta. According to Lottomatica, Totosi took some 150 million euros in bets in 2007 from over 90,000 active customers, with a 5 per cent share of the total betting market in Italy.