Category: News

UK’s Playtech buys Italy’s Snaitech for €846 millionUK’s Playtech buys Italy’s Snaitech for €846 million

Playtech, a British gambling technology firm, announced that they agreed to buy a majority stake of 70.6 percent in Snaitech, an Italian betting and gaming giant, which is estimated at €846 million. After the initial acquisition is completed, an obligatory takeover will be required from Playtech for what is left of the Snaitech shares. The […]

The United Kingdom to Implement Business-Friendly Crypto RegulationsThe United Kingdom to Implement Business-Friendly Crypto Regulations

As part of an ongoing global effort to regulate the volatile cryptocurrency market, the United Kingdom has revealed its plan to implement business-friendly crypto regulations sometime during 2019. Following their departure from EU, UK is currently faced with businesses moving away from the island to continental Europe. The tides might still turn, however, as more […]