Snaitech acquires Happybet operator

Snaitech acquires Happybet operator [ZEBR_TAG_ / h1>

Snaitech, the Italian business arm of gaming technology provider Playtech, has acquired Happybet, an operator with revenues of around 19 million euros, with more than 100 employees and 200 points of sale in Austria and Germany.

Snaitech CEO Fabio Schiavolin said:

“The integration of Happybet, one of the first companies to receive a national license for sports betting in Germany and continues to operate under its own brand, has allowed us to accumulate a wealth of experience and take a strong position in the market. We now want to capitalize on this experience. The integration of our experience and know-how with that of Happybet will create the ideal conditions for taking advantage of new growth opportunities. "

Snaitech’s revenue in 2020 exceeded 520 million euros, and the network had 2,100 betting points. In a press release, the company said that in the markets of Germany and Austria in 2019, the total amount of bets exceeded 10 billion euros, and these figures will grow.

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