Paddy Power owner Flutter buys Serbian sports betting operator MaxBet

The Paddy Power owner acquired a 51% stake in the Serbian sports betting firm and has to option of purchasing the remaining 49% in 2029.
Paddy Power owner Flutter buys Serbian sports betting operator MaxBet

Dublin-based Flutter plans a secondary share listing in New York.

Wed, 27 Sep, 2023 - 08:38
Cáit Caden

Irish betting giant Flutter has bought Serbian gambling operator MaxBet in a deal worth €141m as it expands its portfolio into the Balkans.

The Paddy Power owner acquired a 51% stake in the Serbian sports betting firm and has to option of purchasing the remaining 49% in 2029.

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