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Flutter bets on Italian gambling market with .6 billion Snaitech deal By Reuters

Flutter bets on Italian gambling market with $2.6 billion Snaitech deal By Reuters

By DhanushVignesh Babu (Reuters) -Flutter Entertainment said on Tuesday it would buy Snaitech for 2.3 billion euros ($2.6 billion) including debt from gambling technology group Playtech (LON:), cementing its position as the leading gambling firm in Italy. The deal is to close by the second quarter of 2025 and will add to earnings per share...

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Flutter bets on Italian gambling market with .6 billion Snaitech deal

Flutter bets on Italian gambling market with $2.6 billion Snaitech deal

By DhanushVignesh Babu (Reuters) -Flutter Entertainment said on Tuesday it would buy Snaitech for 2.3 billion euros ($2.6 billion) including debt from gambling technology group Playtech, cementing its position as the leading gambling firm in Italy. The deal is to close by the second quarter of 2025 and will add to earnings per share immediately...

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Flutter bets on Italian gambling market with .6 billion Snaitech deal

Flutter bets on Italian gambling market with $2.6 billion Snaitech deal

By DhanushVignesh Babu (Reuters) -Flutter Entertainment said on Tuesday it would buy Snaitech for 2.3 billion euros ($2.6 billion) including debt from gambling technology group Playtech, cementing its position as the leading gambling firm in Italy. The deal is to close by the second quarter of 2025 and will add to earnings per share immediately...

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Why European Online Casinos Are Becoming a Global Benchmark for Excellence | FeastMagazine

Why European Online Casinos Are Becoming a Global Benchmark for Excellence | FeastMagazine

In recent years, European online casinos have set the standard for quality, safety, and innovation in the global gambling industry. Players from all over the world are increasingly turning to European platforms, drawn by their superior gaming experiences, robust regulations, and cutting-edge technologies.  But what exactly makes European online casinos stand out from the crowd?...

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How Blockchain and Cryptocurrency Are Revolutionizing the Casino Industry

How Blockchain and Cryptocurrency Are Revolutionizing the Casino Industry

New technologies have always been adopted to improve the user experience, which, in turn, is expanding the gambling industry. Innovations have transformed online casinos into their advanced versions, shaping the billion-dollar industry in the process. The most impactful things are blockchain and cryptocurrency, assuring increased security, transparency, and efficiency. In a survey, it was revealed...

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New Jersey: Record igaming revenue drives growth in August

New Jersey: Record igaming revenue drives growth in August

Gambling revenue in New Jersey increased 4.4% year-on-year in August, helped by a record performance by the Garden State’s igaming market. Total revenue for August reached $555.1m (£420.0m/€498.7m). This is ahead of $531.6m in New Jersey last August and also 1.3% more than $547.8m in July this year. Without doubt, the stand-out figure for New Jersey in August was...

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How to Find the Best Online Casinos in Australia – PlayStation Universe

How to Find the Best Online Casinos in Australia – PlayStation Universe

Looking for the best online casinos in Australia? It can be tough to know where to start, but don’t worry – we’ve got you covered! First, look for a casino with a great reputation, solid reviews, and a wide selection of games. You’ll also want to check for good bonuses and promotions to get the...

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Biggest 7 Wins in Gambling History

Biggest 7 Wins in Gambling History

Reading Time: 4 minutes Biggest 7 Wins in Gambling History. In 2023 a whopping $66.5 BILLION was spent in US casinos and $10.92 billion in revenue on sports betting. A holiday to Barbados, a new Ferrari or a penthouse in Manhattan may be top of most peoples lists of things to buy following a large...

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BetMGM to reach ‘massive audience’ with USA Today deal

BetMGM to reach ‘massive audience’ with USA Today deal

BetMGM has struck a partnership with US media brand Gannett to serve its USA Today viewers and USA Today Network readers with sports betting content and odds. As the online sportsbook and casino partner for USA Today Sports, the Entain and MGM Resorts joint venture operator will have sports betting odds incorporated into stories and...

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Addition of Snai enhances Flutter’s gold medal position in attractive Italian market

Addition of Snai enhances Flutter’s gold medal position in attractive Italian market

New York, September 17, 2024: Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces that it has agreed to acquire Snaitech S.p.A. (“Snai”), one of Italy’s leading omni-channel operators, from a subsidiary of Playtech plc, for cash consideration based on an enterprise value of €2.3b1. The...

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New Jersey’s Online Gambling Sets New Revenue Record in August

New Jersey’s Online Gambling Sets New Revenue Record in August

In an impressive display of digital prowess, New Jersey’s online gambling sector reached new heights in August 2024, amassing an extraordinary $198.4 million in revenue. This figure represents the highest monthly total ever recorded in the state, showing a robust growth of nearly 28% from the previous year, as per the latest figures released by the New Jersey Division...

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Sky Betting & Gaming reprimanded for unlawfully sharing users’ personal data

Sky Betting & Gaming reprimanded for unlawfully sharing users’ personal data

The online gambling company Sky Betting & Gaming has been reprimanded by the data regulator for unlawfully sharing customers’ information with advertising companies that could then target those users with personalised marketing. The Information Commissioner’s Office (ICO) said it had investigated Bonne Terre Ltd, trading as Sky Betting & Gaming, after a complaint by the...