Tag Archives: Flutter
US – Flutter hails ‘pivotal moment’ as it launches on the New York Stock Exchange
Flutter Entertainment, owner of FanDuel, has now launched on the New York stock exchange, hailing the move as a ‘pivotal moment’ as it finds its ‘natural home’ for its burgeoning US sports betting business. Flutter generated sales of £3.6bn in the US last year, increasing from £191m in 2018. It sees itself now perfectly positionned…
UK – Flutter’s British brands brought in over £250m during Cheltenham Festival
Last week’s Cheltenham Festival saw Flutter’s three flagship UK&I brands – Sky Betting & Gaming, Paddy Power Sportsbook and Betfair – take in well over £250m in stakes and execute around 37m in online bets across the week. With a timely St Patrick’s Day coinciding with the Gold Cup last Friday, recreational customer engagement in Paddy Power shops across…
UK – Flutter delivers growth of 27 per cent with Fan Duel accounting for half of the online betting market in the US
Flutter has hailed a strong 2022 performance with average monthly players up 26 per cent, due to its rapid US expansion, combined with the benefit of Sisal and tombola acquisitions, giving revenue a lift of 27 per cent. During 2022, Flutter leveraged its key advantages to deliver a strong performance with excellent progress against its…
US – Flutter looking at another US listing as FanDuel grows
The Flutter Board regularly evaluates how best to position the Group to deliver its strategy in the interests of shareholders. One of the matters the Board has been assessing for some time is the Group’s listing structure. The capital markets day held in New York on November 16 2022 highlighted the growing importance of FanDuel to the…
UK – Flutter brands receive top certification from GamCare for leadership in safer gambling
Flutter is pleased to announce that its leading brands – Sky Betting & Gaming, Paddy Power and Betfair – have been awarded the Advanced Safer Gambling Standard by GamCare for their progressive approach and continuous focus toward safer gambling. GamCare’s Safer Gambling Standard is an independent mark of quality attributed to gambling operators that go…
Tunisia – Sisal wins contract for Tunisia’s gaming market
Sisal has been awarded the contract for the management of gaming in Tunisia by Promosport, the sports betting administration. The contract allows Sisal to manage and develop a comprehensive product portfolio, consisting of sports betting, number games, instant lotteries and online games, for a total duration of 10 years. These games will be distributed across…
UK & Ireland – Flutter expresses disappointment in Gambling Act review delay as revenue dips
Flutter Entertainment has cited proactive safer gambling actions and the prior year Covid-related increase in player days moderating towards pre-Covid levels for the Group’s four per cent revenue decline in the UK and Ireland. The actions taken in 2021 to improve the sustainability of the business in advance of the Government’s review of the Gambling…
UK – Flutter’s UK CEO Conor Grant resigns
Flutter Entertainment has announced that the CEO of its UK and Ireland business, Conor Grant, has resigned and will leave his role before year’s end for a planned career break to spend more time with his family after more than 20 years in the online gambling sector. Ian Brown, former CEO of Booking.com’s Trips division…
UK – Flutter sets out inaugural sustainability strategy
Flutter Entertainment has announced the launch of its inaugural sustainability strategy, the Positive Impact Plan. The plan identifies three key areas of focus to create global goals that support the company’s overall corporate strategy: 1) By 2030, 75 per cent of active online customers globally will be using one or more Play Well tools, with…
