Acquiring Company
Flutter Entertainment
Acquired Company
Snaitech
New York
MilanGamingSportsNewsGamblingGamingGamblingDescription
The Dublin-based parent company of U.S. sports betting giant FanDuel, Flutter, announced a $2.6 billion deal to acquire the Italian gambling company Snaitech from Playtech. This acquisition is a strategic move to ramp up international growth and to assume the gold medal position in Italy's online gambling market, reinforcing Flutter's position as a dominant player in the global gambling industry.
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Who to call at Flutter Entertainment, and when
When Flutter Entertainment changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Flutter Entertainment raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Flutter Entertainment, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Snaitech?
Snaitech was acquired by Flutter Entertainment, based in New York. The deal was reported on September 18, 2024. Flutter Entertainment is a global sports betting, gaming, and entertainment provider with a strong presence in the US market. Flutter Entertainment is publicly traded (FLUT) and operates in Gaming.
When did Flutter Entertainment acquire Snaitech?
Flutter Entertainment's acquisition of Snaitech was reported on September 18, 2024. The Dublin-based parent company of U.S. sports betting giant FanDuel, Flutter, announced a $2.6 billion deal to acquire the Italian gambling company Snaitech from Playtech. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Snaitech do?
Snaitech is an Italian gambling company with about 10% market share in Italy, having close to 300,000 active users per month. It operates in Europe's latest regulated market and holds a significant position in the Italian gambling industry. It is privately held, operating in Gaming, and is based in Milan.
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