Playtech plc (PYTCF)
| Previous Close | 0.00 |
| Open | 8.10 |
| Bid | 8.88 x 300400 |
| Ask | 9.88 x 317000 |
| Day's Range | 8.10 - 8.10 |
| 52 Week Range | 4.56 - 8.18 |
| Volume | |
| Avg. Volume | 62 |
| Market Cap | 3.014B |
| Beta (5Y Monthly) | 1.32 |
| PE Ratio (TTM) | 21.14 |
| EPS (TTM) | 0.37 |
| Earnings Date | Sept 19, 2024 - Sept 20, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Apr 30, 2020 |
| 1y Target Est | N/A |
- Yahoo Finance Video
FanDuel parent acquires Playtech's Italian gambling segment
Flutter Entertainment (FLUT), the parent company of the sports-betting platform FanDuel, has agreed to purchase Playtech's (PTEC.L) Italian gambling business for $2.6 billion. This move comes after Flutter purchased a majority stake in the NSX Group, Brazil's fourth-largest online gambling operator. Catalysts Hosts Seana Smith and Madison Mills report more on the story as Flutter looks to expand further into Europe. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
BloombergFlutter Buys Playtech’s Italian Unit for €2.3 Billion
(Bloomberg) -- Flutter Entertainment Plc agreed to buy Playtech Plc’s Italian gambling business for €2.3 billion ($2.6 billion) in cash in its latest international acquisition as the FanDuel owner takes advantage of a growth surge in the US. Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughPipe Fire Near Houston Forces Residents to EvacuateLondon Mayor Plans to Pedestrianize Busy Oxford StreetTo Build a Happier City, Design for DensityAn Artist Reimagin
PA Media: MoneyPaddy Power owner Flutter buys Playtech’s Italian subsidiary
The betting giant, which also owns Betfair and Sky Bet, said it has agreed to buy Snaitech in a £1.94 billion deal.
