Flutter Entertainment is poised to complete its €2.3 billion (approx. $2.56 billion) acquisition of Snai by April 30, following regulatory approval from European and Italian authorities.
Betnacional Casino has swiftly emerged as a formidable entity in Brazil's gaming sector, leveraging strategic mergers and acquisitions to solidify its market presence.
Research analysts at Needham & Company LLC initiated coverage on shares of Flutter Entertainment, a leading casino and sports betting provider, assigning a "buy" rating and a $270 price target.
Flutter Entertainment, a global leader in sports betting and gaming, has made a significant strategic move by acquiring Italian betting group Snaitech for €2.3 billion from Playtech's subsidiary.