M&A

Playtech makes B2C play with €846m Snaitech acquisition

CEO Mor Weizer says the deal for the Italian operator will help “improve the quality and diversification” of Playtech’s revenue mix

Playtech has announced a deal to acquire Italian multi-channel operator Snaitech for €846m as part of a major play for regulated revenues in the B2C space for the supplier. The deal will see Playtech acquire an initial 70.6% stake in the Italian gambling giant from Global Games and OI Games, before making a Mandatory Takeover…

Italy | M&A | Mor Weizer | Multi-channel | Playtech | Snaitech | Sports betting

Latest

Launches  |  Kambi inks Stanleybet Romania deal

News 20 April 2018

Launches  |  The week in B2B news (20 April)

News 20 April 2018

Strategy  |  Analysis: What does Playtech do next?

Insight 20 April 2018

Marketing  |  Sweden’s battle of the brands

Opinion 19 April 2018

Finance  |  LeoVegas sets €600m revenue target

News 19 April 2018