Published by
Reuters UK
Reuters UK
DUBLIN (Reuters) -Betfair and Poker Stars owner Flutter Entertainment said on Thursday it would buy Italian gaming operator Sisal for 1.62 billion pounds ($2.16 billion), as it looks to expand its footprint in continental Europe. Flutter said it would pay 1.913 billion euros to CVC Capital Partners, which bought Sisal 2016. Sisal in October filed for an initial public offering (IPO) to list its shares on the Milan Stock Exchange. Sisal, which gets most of its revenues from Italy, has expanded abroad, obtaining concessions for retail and online gaming business in Turkey, Morocco and Spain. The …