Flutter has received all the necessary regulatory approvals to acquire Snai from Playtech.
The global online gambling leader said [Wednesday] that it has received all required antitrust, gaming and regulatory confirmations to acquire the Italian B2C brand.
The deal, first announced in September 2024, will see the company purchase the third largest online and retail gaming operator in the Italian market for €2.3bn [$2.6bn] in cash.
Flutter said in a release: “The acquisition of Snai fully aligns with Flutter’s strategy to invest in leadership positions in attractive international markets, creating value through providing access to Flutter’s market leading products and capabilities.
