Tag Archives: Snaitech SpA

Fabio Schiavolin – Snaitech: Gambling needs deeper skillset to navigate new decade of complexities

Speaking to SBC, Fabio Schiavolin, Chief Executive of Snaitech, has emphasised that entering a new decade, European sector incumbents will have to develop deeper skillsets as the ‘industry’s credibility remains in play’. Accustomed to leading Snaitech through Italy’s many political disruptions, last year at ICE 2019 Schiavolin warned European leadership counterparts that betting had to find its ‘public rationale’ in order to …

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AgiproNews Italian View: Can new faces commit to Italy’s hazardous playground

Amid a frantic Italian gambling scene, in which its incumbents make drastic adjustments to a new tax regime and tougher regulatory demands imposed by the Lega-5Star coalition government, this February Italy’s ADM published its updated online licensee registry. In 2019, Italy’s online gambling marketplace will accommodate 66 licensed operators, as the Italian tax authority secures €13.2 million in licensing concessions, …

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Tough 2018 sees Playtech place efficiency in scale as driver for 2019 growth

Publishing its full-year 2018 results, FTSE250 gambling technology group Playtech Plc states that it closes a ‘year of many challenges’, as governance places returning shareholder value and capital at the top of its agenda. Operating within a much-changed global gambling landscape, Playtech B2B and B2C divisions continue to adjust to Asian market downturns and regulatory headwinds across the UK and Italy. Despite facing …

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Consob clears path further for Playtech’s Italian takeover

Playtech has received a further green light in its €846 million (£741 million) purchase of Snaitech SpA, after the Italian financial market’s supervisory authority Consob, cleared the path for the mandatory takeover of the remaining shares not already owned by the group. The gambling software development firm had previously announced an initial acquisition of 70.6 per cent of the Italian …

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