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