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Snai

  • Analysts ‘sceptical’ about Flutter’s £2bn bid for Playtech’s Italian arm

    Retail

    Flutter Entertainment’s potential £2bn swoop on Italian betting firm Snaitech, the consumer division of ‘white label’ gambling technology provider Playtech, has left some analysts unconvinced. Playtech has granted a period of exclusivity for Flutter to complete due diligence, although the Paddy Power and Betfair owner said at this stage there is “no certainty” that it [...]

    Playtech's revenue rose five per cent in the half year, from €859.6m to €906.8m

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