{"id":8948,"date":"2025-04-10T09:47:36","date_gmt":"2025-04-10T09:47:36","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/04\/10\/flutter-set-to-finalize-snaitech-acquisition-as-deal-clears-final-hurdles\/"},"modified":"2025-04-10T09:47:36","modified_gmt":"2025-04-10T09:47:36","slug":"flutter-set-to-finalize-snaitech-acquisition-as-deal-clears-final-hurdles","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/04\/10\/flutter-set-to-finalize-snaitech-acquisition-as-deal-clears-final-hurdles\/","title":{"rendered":"Flutter Set to Finalize Snaitech Acquisition as Deal Clears Final Hurdles"},"content":{"rendered":"<div>\n<p>Flutter Entertainment is on track to complete its purchase of Snaitech within the coming weeks, after receiving all outstanding regulatory and competition approvals. Both Flutter and Playtech issued statements confirming the progress, stating the deal will close before the end of April.<\/p>\n<p>Originally <strong><a href=\"https:\/\/igaming.org\/casino-news\/flutter-to-fully-acquire-snaitech-expanding-italian-market-presence\/\">announced<\/a> <\/strong>in September last year, Flutter agreed to acquire Snaitech from Playtech for US$2.52 billion. The transaction had been awaiting clearance from gaming, antitrust, and other regulatory bodies. At the time of the agreement, both companies had targeted completion in the second quarter of 2025, a timeline that remains unchanged.<\/p>\n<p>With this acquisition, Flutter plans to strengthen its presence in Italy\u2014already one of the largest regulated gambling markets in Europe. The company currently operates other well-known brands in the country, including PokerStars, Betfair, Tombola, and Sisal, which it acquired in 2021.<\/p>\n<p><em>\u201cThe acquisition of Snai fully aligns with Flutter\u2019s strategy to invest in leadership positions in attractive international markets,\u201d<\/em> the company stated. <em>\u201cThis creates value through providing access to Flutter\u2019s market leading products and capabilities.\u201d<\/em><\/p>\n<p>Flutter added that adding Snaitech to its portfolio will help increase scale and reinforce its position in Italy\u2019s gambling market.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Playtech Shifts Focus to B2B Strategy<\/h2>\n<p>For Playtech, selling Snaitech reflects a strategic shift. The company plans to concentrate primarily on its B2B business, although it will retain some B2C operations.<\/p>\n<p><em>\u201cCompletion of the transaction will enable Playtech to focus on its technology-led offering in high-growth B2B gambling markets with an accelerated growth plan and an extensive portfolio of strategic ventures,\u201d<\/em> it said.<\/p>\n<p>Playtech has seen progress in its B2B division, with revenue in that segment rising 10% year-on-year in 2024 to reach US$802 million. Growth in the U.S. and Colombia drove much of that increase, but the company also saw success in markets like Canada, Italy, Spain, and the UK.<\/p>\n<p>Looking ahead, Playtech believes its streamlined business model will lead to even greater growth. \u201cThe board believes that there is significant further upside from our simplified business model and focused B2B strategy going forward,\u201d it noted.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/flutter-set-to-finalize-snaitech-acquisition-as-deal-clears-final-hurdles\/\">Flutter Set to Finalize Snaitech Acquisition as Deal Clears Final Hurdles<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Flutter Entertainment is on track to complete its purchase of Snaitech within the coming weeks, after receiving all outstanding regulatory and competition approvals. Both Flutter and Playtech issued statements confirming the progress, stating the deal will close before the end of April. Originally announced in September last year, Flutter agreed to acquire Snaitech from Playtech [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8948","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8948"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8948\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}