Flutter acquires NSX to boost betting presence in Brazil

Flutter acquires NSX to boost betting presence in Brazil

Flutter Entertainment has finalized the purchase of a 56% stake in Brazil’s NSX Group for around $350 million in cash. NSX is behind the rapidly growing Betnacional brand and ranks among the leading companies in Brazil’s booming online betting industry. According to Flutter, the acquisition enhances its foothold in Brazil’s newly regulated market and aligns [……
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