Flutter Entertainment to acquire Snaitech from Playtech for $2.6bn.

Flutter Entertainment, online sports betting and iGaming operator, agreed to acquire Snaitech, an Italian omni-channel operator, from Playtech, a gambling software development company, for $2.6bn. "I am delighted to announce the acquisition of Snai, one of the leading players in Italy Europe's largest regulated market. This transaction is compelling strategically and financially. It fits perfectly within our strategy for value creating M&A and creates a significant opportunity to accelerate Snai's growth by providing them with access to Flutter's market leading products and capabilities both in the US and globally," Peter Jackson, Flutter CEO.