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Tag Archives: Flutter

UK – Flutter opens new £15m technology and innovation hub in Leeds

Flutter Entertainment’s new £15m UK technology and innovation hub in Leeds is now officially open to colleagues from across its UK and Ireland and International divisions. Designed by MEPC, the state-of-the-art workspace is home to 1700 colleagues and comprises 136,000 sq. ft of flexible space across eight floors at 4 Wellington Place in Leeds Dock…

Belgium – Flutter signs up with European Gaming and Betting Association

Betting operator Flutter, who owns popular brands such as Paddy Power, Betfair, PokerStars and Sky Betting & Gaming, has joined the European Gaming and Betting Association (EGBA), the Brussels-based trade association representing the leading online gambling operators established, licensed, and regulated within the EU. Flutter is one of the largest online operators in the world…

UK – Flutter UK&I launches policy to enhance protections for under 25s

Flutter UK & Ireland, part of Flutter Entertainment, is launching a new policy designed to further enhance protections for younger customers and encourage sensible spending across its platforms. The measure will include the introduction of a £500 per month net deposit limit for all customers under the age of 25 years and will be automatically…

UK – Bruin Capital buys Oddschecker from Flutter in $218m deal

Bruin Capital has reached an agreement with Flutter Entertainment plc to acquire Oddschecker Global Media, operators of the UK’s no. 1 online odds comparison and data platform plus leading gambling and iGaming media brands. The deal is subject to customary regulatory approvals. Under the terms of the transaction, Flutter will receive £135 million approximately (c.$190m)…

UK – Sports betting firms donate profits from Britainna Stakes to Prostate Cancer

The Betting and Gaming Council’s biggest members have agreed to donate all their profits from the Britainna Stakes, which takes place at Royal Ascot on June 17, to Prostate Cancer UK, Marie Curie, the three Armed Forces charities and Care Radio. Flutter (Paddy Power, Betfair, Sky Bet), bet365, Entain (Ladbrokes, Coral), William Hill, Kindred (Unibet),…

US – FanDuel CEO steps down ahead of US listing

Matt King, the Chief Executive Officer of FanDuel, has given notice of his intention to leave the Group. During his four years as CEO, Matt has overseen the transformation of the business from online daily fantasy sports operator to a market leader in US online sports betting and gaming. Matt has agreed to remain with…

UK – Playtech and Flutter pen five-year contract extension

Playtech has signed a new five-year contract extension with Flutter Entertainment for its Paddy Power, Betfair and Sky Casino brands. Under the new agreement, Playtech will provide its products and services to all three brands for their online gambling and live casino offerings. Alongside its products and services, Playtech has worked with its licensees to become…

US – Flutter confirms press speculation regarding potential FanDuel IPO

Flutter has responded to the recent press speculation in relation to a potential IPO of FanDuel. Flutter has said that it “regularly evaluates its organisational and capital structure to assess how best to position itself to deliver upon the Group’s strategy. “Options including the listing in the US of a small shareholding in FanDuel are…

US – Flutter to appeal $870m Kentucky Court ruling against TSG

The Kentucky Supreme Court has ruled on legal proceedings originally brought by the Commonwealth of Kentucky in 2010 against certain subsidiaries of The Stars Group (TSG) prior to its combination with the Flutter Group. The Kentucky Supreme Court judgement has reinstated an award of damages against TSG made in 2015 by a Kentucky trial court…