Flutter Buys Italian Gaming Operator Sisal for $2.2 Billion

U.K. firm to buy Sisal from CVC Capital Partners Fund VI
Takeover yet another merger in rapidly consolidating industry

Dice in the games room at a Betfair Group Plc office.Photographer: David Paul Morris/

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Giles Turner

December 23, 2021 at 7:26 AM UTC

Updated on

December 23, 2021 at 8:05 AM UTC

This article is for subscribers only.

Flutter Entertainment has struck a deal to buy Italian gambling operator Sisal in a 1.62 billion-pound ($2.2 billion) deal, marking the second major takeover by the U.K. firm in as many months.

Flutter will buy Sisal, Italy’s oldest gaming company, from CVC Capital Partners Fund VI, according to a statement Thursday, and the all-cash deal will likely close in the second quarter of 2022.