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FanDuel parent Flutter Entertainment will spend $2.6 billion, or 2.3 billion euros, to acquire Italian gambling company Snaitech from Playtech , adding to a string of deals that aim to boost international growth. Italy is a particularly attractive market for Flutter, as it had about 21 billion euros in gross gaming revenue in 2023. It also acquired Italian lottery and gaming operator Sisal in 2022, and just reported record online market share in Italy in the second quarter. Flutter said Snai had almost 10% market share in Italy last year and nearly 300,000 monthly active users. The new business will be renamed Flutter Brazil, and the deal is expected to close in the second quarter of 2025.
Persons: Snai, Peter Jackson Organizations: New York Stock Exchange, CNBC, NSX Group, Group, MGM Resorts, Grupo Globo, Global Locations: Playtech, Brazil, , Italy, Massachusetts, U.S
The clip opens with a group of three people slowly advancing down an ally, hunched over, and appearing to hold firearms. A further two people can subsequently be seen hunched around a corner, shooting toward the first group. Instead, it shows behind-the-scenes footage from a Brazilian TV show, Arcanjo Renegado, which was released in 2020 via the platform Globoplay (the streaming service owned by the Grupo Globo conglomerate). Reuters previously addressed another miscaptioned behind-the-scenes video of Arcanjo Renegado which can be seen here: (here). The clip shows behind-the-scenes filming of the Brazilian TV series, Arcanjo Renegado.
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