Playtech, Flutter and Lottomatica explore acquisition of SKS365

In addition to Flutter and Lottomatica, Playtech has reportedly started takeover talks with the top operator serving the Italian market.

SKS365 Malta Holdings and Playtech have opened formal communication after the main leader in the global iGaming market expressed interest in pursuing an acquisition. Playtech's position in the lucrative Italian iGaming market would be greatly strengthened with a successful transaction, although interest from rivals Flutter Entertainment and Lottomatica may make negotiations difficult.

 

[stone]

This could be a big change for the Italian gambling market if one of these large companies acquires SKS365. It will be interesting to see how the different companies approach negotiations and whether they see SKS365 as more valuable to hold onto independence or join a bigger group. Competition between suitors may drive up the price.