Flutter Entertainment completed the acquisition of Snaitech from Playtech for $2.6bn.

Flutter Entertainment, an online sports betting and iGaming operator, completed the acquisition of Snaitech, an Italian omni-channel operator, from Playtech, a gambling software development company, for $2.6bn. "I am delighted to welcome Snai, one of the leading gaming brands in Italy, to the Group. Snai's significant omnichannel presence brings strategically important assets to enhance Flutter's position in Italy. The transaction fits perfectly with our strategy for value creating M&A and is expected to bring about significant growth opportunities for Snai by providing access to Flutter's market leading products and capabilities. It is with great excitement we can now start working with Snai to implement our robust integration plans and begin to realise the compelling benefits of this combination," Peter Jackson, Flutter CEO. On April 9, 2025, Flutter Entertainment received all necessary antitrust, gaming and regulatory confirmations to acquire Snaitech.