Flutter Entertainment has agreed to acquire Italian operator Snaitech from Playtech for €2.3bn, with completion expected by the second quarter of 2025. Flutter said the deal would give its combined Italian business about 30% online market share; Snaitech reported 2023 revenue of €947m and adjusted EBITDA of €256m.
The proposed deal could give Flutter a larger Italian business, with about 30% online market share if completed.
Quarter ended 30 September 2026
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FanDuel has launched its Super Sub betting feature in the US, adapting a concept originally developed by Sisal. The feature transfers a player-based wager to the substitute when the selected footballer leaves a match, according to the report.
Flutter announced that Tombola’s bingo product is now available through Sisal’s Italian app and website. The companies will share player liquidity, and a 75-ball Super Bingo game has launched in Italy. Flutter said a second phase, planned for later in the year, will add Tombola casino content to Sisal.
Flutter said it will acquire an initial 56% stake in Brazilian operator NSX Group and combine it with its Betfair Brazil business. The transaction includes approximately $350m in cash and is expected to close by Q2 2025, subject to regulatory clearances. Flutter said NSX is expected to generate approximately $256m in revenue and $34m in adjusted EBITDA in 2024 on a standalone basis.
Eight of the ten European gambling stocks tracked reportedly rose in the week to 6 November 2026, while the FTSE 100 fell 0.52%. Sportradar gained 12.55% to $13.54 around its third-quarter results; Flutter fell 1.08% to $81.70 after cutting its 2026 guidance.
Brazil’s MP 1,394/2026 prohibits fixed-odds betting, according to a report discussing the measure and its effects on licensed operators. The report says 85 operators paid R$30 million each for five-year authorisations, totalling R$2.55 billion, and that the government will not refund fees for unused periods. Finance Minister Dario Durigan said investors would have predictability in Brazil.
Brazil's government has prohibited fixed-odds betting through MP 1,394/2026, according to the report. The measure ends authorisations that had been active for 22 months. The government will not refund the authorisation fees or the portion covering the remaining period, the report says.