IN BRIEF: Playtech plans special dividend as Snaitech sale completes
10th Apr 2025 09:02
Playtech PLC - Isle of Man-based gambling software developer - Says sale of Italian consumer betting operation Snaitech Spa to Flutter Entertainment PLC is expected to complete at the end of April, having now received all regulatory approvals. Playtech previously had said it planned to return EUR1.7 billion to EUR1.8 billion from the EUR2.3 billion disposal to shareholders by way of a special dividend. Late Wednesday, it said this will mean EUR5.73 per share, about GBP4.90, which it expects to pay in June. Playtech says the completion of the sale of Snaitech allows it to focus on its business-to-business technology offering. Read More