Location: Italy
New lottery-only focus bolsters IGT’s rating
Fitch Ratings placed a BB+ ranking on International Game Technology (IGT) and on IGT Lottery Holdings. The move was a reaction to the $4... more
Stake to pay €7m fee and refresh Idealbet in Italy
Stake (Stake.com) has marked out its intent to become a leading player in Italy’s reorganised online gambling market in 2025. The statement... more
Flutter Entertainment’s first stock buyback highlights Q3 earnings call
Peter Jackson, CEO of Flutter Entertainment, hailed an “excellent” third quarter in a November 12 earnings call. He also took the occasion... more
Lottomatica’s online Italian market share hits record 30% in Q3
Lottomatica Group’s Italian online market share across all verticals climbed to 29.9% in Q3 2024, up 1.7% from 2023. The Italian lottery... more
Flutter buys Snaitech for US$2.6 billion in major acquisition
Moving into Italy in a big way, Flutter Entertainment bought igaming firm Snaitech on September 16 for €2.3 billion (US$2.6 billion). The... more
Soccer player Sandro Tonali took comfort helping problem gamblers during 10-month ban
Newcastle and Italy midfielder Sandro Tonali says he took comfort helping other problem gamblers tackle their issues during his 10-month... more
Italy to launch new online licensing regime upon completing European Commission inspection
The launch of Italy’s new framework for online gambling concessions has entered its final legislative procedure under the supervision of... more
Playtech mulls sale of Italian unit to Flutter
UK gambling technology firm Playtech said on Wednesday that it is in talks with Irish betting firm Flutter Entertainment for the sale of... more
FanDuel rules out imposing winning-bet surcharge, leading DraftKings to drop its plans
Top executives of FanDuel parent Flutter Entertainment spoke mostly in generalities during Tuesday’s second-quarter earnings call. But they... more
Stake.com expands into Italy with Idealbet acquisition
Stake.com has acquired Italy-based sports betting and remote gaming operator Baldo Line, which operates the Idealbet brand. Following the... more

