Flutter and Playtech said on 9 April that they had secured the remaining approvals for Flutter’s acquisition of Snaitech in Italy. The companies agreed the €2.30bn transaction in September 2024 and expect to complete it before the end of April 2025.
Completion would transfer Snaitech to Flutter and allow Playtech to focus primarily on its B2B business.
Quarter ended 30 September 2026
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Playtech raised its 2025 adjusted EBITDA outlook to at least €195m, citing performance in the US and Mexico in the final quarter. The company said the figure includes HappyBet’s operating loss and income from associates, but excludes Snaitech’s contribution for the period Playtech owned it in 2025.
Codere.it has chosen Playtech’s BetBuddy platform to support its responsible-gambling monitoring and prevention work, the company said. The system analyses gambling behaviour and can flag potential risk indicators; Codere.it also offers deposit, spending and time limits, suspension periods and self-exclusion.
Codere.it has adopted BetBuddy, a responsible-gambling platform developed by Playtech, to strengthen its monitoring, prevention and promotion of responsible gambling, the company said. The platform uses artificial intelligence and behavioural analysis to monitor gambling activity and identify potential risk indicators at an early stage, according to the announcement.
Sportradar agreed a $170m sale, European Gaming reported in its gambling stocks review for 5–9 October. Six of the nine stocks tracked gained during the week, while Citi upgraded Flutter.
Bank of America raised its DraftKings rating from Neutral to Buy on 8 October. Analyst Shaun Kelley retained a $27 price target after shares fell 19% over a month. The bank said earnings expectations might be approaching a low and cited reduced cannibalisation risk from prediction markets.
Bank of America raised its rating on DraftKings to Buy from Neutral on 8 October, with analyst Shaun Kelley keeping a $27 price target, according to the report. The shares were trading around $19.53 at the time, after falling 19% over the previous month while the wider market was little changed.
Reportedly, Hard Rock Bet expanded its online casino offering with 29 games across New Jersey and Michigan at September’s close. The additions bring its respective catalogues to 4,718 and 4,398 titles.
Hard Rock Bet added 29 slots and casino games to its real-money online casino offerings in New Jersey and Michigan, the company said. The additions bring the New Jersey catalogue to 4,718 titles and the Michigan catalogue to 4,398 titles.