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.
As Ireland is poised to implement substantial reforms in its gambling industry, Flutter Entertainment has decided to reorganize its Irish betting portfolio and this strategic move entails the closu