Flutter Entertainment to acquire 51% stake in MaxBet to boost growth in Serbia

Flutter Entertainment to acquire 51% stake in MaxBet to boost growth in Serbia

Flutter Entertainment plc (“Flutter”) has sealed a game-changing deal by acquiring an initial 51% stake in MaxBet, Serbia’s second-largest omni-channel sports betting and gaming operator, in exchange for €141 million (£123 million) in cash. The icing on the cake is that Flutter retains the option to acquire the remaining 49% in 2029, securing a strategic […]