{"id":4330,"date":"2024-01-18T11:31:23","date_gmt":"2024-01-18T11:31:23","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=4330"},"modified":"2024-01-18T11:31:24","modified_gmt":"2024-01-18T11:31:24","slug":"flutter-completes-a-major-investment-in-maxbet-e141-million-in-the-development-of-the-gambling-industry","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/01\/18\/flutter-completes-a-major-investment-in-maxbet-e141-million-in-the-development-of-the-gambling-industry\/","title":{"rendered":"Flutter Completes a Major Investment in MaxBet: \u20ac141 Million in the Development of the Gambling Industry"},"content":{"rendered":"\n<p><strong>Flutter Entertainment<\/strong> has completed a \u20ac141 million investment in <strong>MaxBet Kladionica<\/strong>, focused on establishing leadership in Serbia and strengthening its position in the Balkans.<\/p>\n\n\n\n<p>The deal, covering a 51% stake in MaxBet, was officially announced in September 2023, giving Flutter exclusive rights to subsequently acquire the remaining shares in the Serbian business.<\/p>\n\n\n\n<p>Recognized as a &#8220;local hero&#8221; by Flutter, MaxBet operates 400 betting points in Serbia, Montenegro, Macedonia and Bosnia and Herzegovina. With approximately 20% share of online gaming in Serbia, it attracts an average of 95,000 online players monthly.<\/p>\n\n\n\n<p>MaxBet will be part of Flutter International, joining the company&#8217;s portfolio that already includes <strong>PokerStars, Adjarabet, Sisal, Junglee <\/strong>and<strong> Betfair <\/strong>(outside the UK).<\/p>\n\n\n\n<p>In the future, the MaxBet platform and operating systems will be optimized as part of the <strong>Flutter Edge <\/strong>program, aimed at improving omnichannel capabilities and scaling for audiences in the Balkans.<\/p>\n\n\n\n<p><strong>Daniel Taylor<\/strong>, CEO of Flutter International, commented: \u201cMaxBet is a household name in the Balkans, and we\u2019re incredibly proud to have them join our team. Their strong retail footprint, loyal customer base, and passionate team make them an ideal partner for our expansion plans in the region. Together, we\u2019re poised to take the player experience to new heights. By combining MaxBet\u2019s local market knowledge with Flutter Edge\u2019s cutting-edge technology and products, we\u2019ll deliver an unrivalled gaming experience to our customers across the Balkans.\u201d<\/p>\n\n\n\n<p>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/bit.ly\/3BHW1zr\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flutter Entertainment has completed a \u20ac141 million investment in MaxBet Kladionica, focused on establishing leadership in Serbia and strengthening its position in the Balkans. The deal, covering a 51% stake in MaxBet, was officially announced in September 2023, giving Flutter exclusive rights to subsequently acquire the remaining shares in the Serbian business. Recognized as a [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":4331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[21,5,1],"tags":[1971,6694,5660,6693,2106,2743,2365,6692,1682],"class_list":["post-4330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-gambling","category-news","tag-balkans","tag-daniel-taylor","tag-exclusive-rights","tag-flutterentertainment","tag-gambling-industry","tag-gaming-experience","tag-investments","tag-maxbetkladionica","tag-serbia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Flutter Completes a Major Investment in MaxBet: \u20ac141 Million in the Development of the Gambling Industry - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/01\/18\/flutter-completes-a-major-investment-in-maxbet-e141-million-in-the-development-of-the-gambling-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flutter Completes a Major Investment in MaxBet: \u20ac141 Million in the Development of the Gambling Industry - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"Flutter Entertainment has completed a \u20ac141 million investment in MaxBet Kladionica, focused on establishing leadership in Serbia and strengthening its position in the Balkans. 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