Day Traders Tag icon

×
Online sports betting and iGaming company Flutter Entertainment plc (NYSE:FLUT) shares are trading marginally higher premarket Tuesday. The company disclosed its agreement to acquire Snaitech S.p.A. from a Playtech plc subsidiary at an enterprise price of €2.3 billion in cash. Snaitech is one of Italy’s top online operators, holding a 9.9% share in 2023 and averaging 291,000 monthly players. The acquisition aligns with Flutter’s strategy to strengthen its holding in international markets. The transaction is expected to close by the second quarter of 2025 and should be immediately accretive to ...


In The news