Tag Archives: Flutter Entertainment
Armenia – BetConstruct and Flutter establish a new exciting partnership
BetConstruct has a new, strategic collaboration with Flutter Entertainment, a global powerhouse in the iGaming world. Standing as the parent company with a vast portfolio of renowned brands, Flutter Entertainment has established a strong presence in over 20 regulated markets and a vast global customer base exceeding 18 million. The company has made its name…
UK – Flutter revenue rises to over £2bn
Flutter Entertainment has cited the influence of the FanDuel brand for increasing player acquisition as the Group recorded 13 per cent revenue growth to over £2bn in the third quarter. In the US, the combination of FanDuel and Flutter delivered an increase of 37 per cent in new sports betting and iGaming players in Q3…
Serbia – Flutter targets Balkans region with MaxBet acquisition
Flutter Entertainment has acquired MaxBet, the number two sports betting and gaming operator in Serbia, for an initial 51 per cent stake at a cash consideration of €141m (£123m) with the opportunity to acquire the remaining 49 per cent in 2029. MaxBet has built a strong omni-channel presence within its core Serbian market. Leveraging its…
Italy – Flutter completes Sisal takeover
Flutter Entertainment has confirmed it has now competed its takeover Italian online gaming operator Sisal, which with Flutter’s established Italian brands of Betfair and PokerStars will give it a 20 per cent market share of the Italian online market. The €1.913bn deal was first announced in December and also gives Flutter control of VLTs across…
Ireland – Flutter reopens €15m global HQ in Dublin
Flutter Entertainment has officially reopened its international headquarters in Dublin following a €15.5 million investment from Flutter and a significant multi-million-euro investment from the landlord. The building comprises 164,000 sq. ft of flexible workspace across seven floors at Belfield Office Park in Clonskeagh, Dublin 4. Designed by Claremont Group Interiors, the state-of-the-art workspace is home…
UK – Flutter launches new safer gambling strategy
Flutter Entertainment, owner of the Paddy Power and Betfair betting brands, has launched a safer gambling strategy that aims to make ‘every moment safe for customers’ as it looks to prevent problem gambling from arising rather than simply intervening when it does. The five core pillars of the safer betting strategy are:• Discover – Proactively…
Italy – Flutter Entertainment takes a grip of Italian market with Sisal acquisition
Flutter Entertainment plc is pleased to announce the acquisition of Sisal, Italy’s leading online gaming operator, from CVC Capital Partners Fund VI for a consideration of £1.62bn. This acquisition fully aligns with the Group’s strategy of investing to build leadership positions in regulated markets globally. The transaction is likely to complete during Q22022 and is expected…
Australia – Flutter Entertainment’s Sportsbet signs new four-year contract with OpenBet
OpenBet is to remain at the forefront of powering Flutter Entertainment’s Australian sports betting brand Sportsbet after securing a new four-year deal. Through to the end of 2025, Sportsbet will continue to deploy OpenBet’s industry-leading technology and services to deliver best-in-class sports betting entertainment to a growing consumer base. The new contract has been agreed…
UK – Flutter snaps up Tombola bingo
Flutter Entertainment has bought Tombola, the UK’s most recreational online bingo operator and one of the UK market’s leading online bingo operators, for an enterprise value of £402m. Tombola, with teams primarily located in Sunderland and Gibraltar, is a successful bingo-led gaming company with an emphasis on providing a low staking bingo proposition to a…
