Playtech Managers to Get €100 Million Windfall
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Playtech Plc’s €2.3 billion ($2.56 billion) sale of its Italian gambling business Snaitech to Flutter Entertainment Plc will also result in a handy windfall for its top managers.
Playtech’s senior team, including its executive directors, are set to receive bonus awards of as much as €100 million from proceeds of the sale, announced on Tuesday. Chief Executive Officer Mor Weizer will get the largest share, the UK company said in a statement.