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Business
September 12, 2025
Flutter Names Stefan Bomhard Non-Executive Director
Flutter Entertainment has announced the appointment of Stefan Bomhard to its board of directors. The new hire will serve as a non-executive director (NED), bringing significant experience to the gambling company’s team. The Company Appoints a New NED According to Flutter Entertainment’s official announcement, Bomhard joins the company from Imperial Brands, where he serves as […]
Sports
September 3, 2025
Paddy Power Teams Up with the NFL in the UK and Ireland
International operator Flutter Entertainment announced that its UKI-facing brand, Paddy Power, has been selected as the National Football League’s (NFL) Official Sportsbook Partner. This agreement comes just in time for the new NFL season, which is set to kick off on September 4. The Deal Comes Ahead of the Regular Season and the Croke Park […]
Industry
August 27, 2025
Flutter Regretfully Halts Real-Money Gaming in India
Flutter Entertainment, the parent company of US sports betting giant FanDuel, has been forced to exit India’s real-money gaming market due to the country’s new regulations on online gaming. India Ended Skill-Based Gaming, to Flutter’s Dismay India just passed the Promotion and Regulation of Online Gaming Bill, which marked a sudden shift in how online […]
Business
August 21, 2025
Flutter Entertainment Holds Its Place on Goldman Sachs Hedge Fund VIP List
Flutter Entertainment has maintained its position on Goldman Sachs’ highly regarded “Hedge Fund VIP” list. The company remains the only gaming operator to make it among the investment bank’s leading stocks. Goldman’s breakdown, based on the latest 13-F US Securities and Exchange Commission filings, found that the basket of stocks most favored by hedge funds […]
Business
August 8, 2025
Flutter’s Q2 Report Shows Strength Across Multiple Markets
International online gaming and sports betting giant Flutter Entertainment has published its results for the second quarter of the year, highlighting double-digit revenue and EBITDA growth. The strong results reflected the company’s stable position in the US and beyond and led to an update in Flutter’s full-year guidance. Flutter’s Revenue and EBITDA Experienced Double-Digit Growth […]
Business
July 31, 2025
Flutter Entertainment Completes Boyd Agreement, Cements 100% Ownership in FanDuel
Earlier this month, Flutter Entertainment announced the purchase of the last 5% of FanDuel from Boyd Gaming Corporation. The deal has now officially closed, cementing Flutter’s ownership in the leading sportsbook. Flutter Set Out to Acquire All of FanDuel The transaction valued FanDuel at $31 billion, forcing FanDuel to secure a $1.75 billion loan for […]
Business
July 11, 2025
Flutter Entertainment Takes Full Control of FanDuel in Big $1.76B Deal
Flutter Entertainment has struck a deal to buy the last 5% of FanDuel from Boyd Gaming Corporation. This $1.755 billion purchase will give Flutter total ownership of the top US sportsbook and iGaming platform. The move values FanDuel at about $31 billion and will change the US sports betting scene. Flutter Secures $1.75B Loan for […]
Industry
July 8, 2025
Flutter’s Paddy Power and Betfair Report Cybersecurity Incident
International gambling giant Flutter Entertainment has reported a data breach affecting its Paddy Power and Betfair brands. The operator reported that many customers were affected and advised them to be vigilant, as bad actors may use this data to impersonate them. Consumer Data Was Compromised The breach was reported on July 8 with Flutter saying […]
Business
July 8, 2025
Jefferies Sees Flutter Entertainment as Good Bet in Shaky Market
Jefferies has a positive outlook on Flutter Entertainment, which owns FanDuel. The brokerage started covering the stock again, telling investors to “Buy” and setting a target price of $380 per share. This price target is among the most optimistic on Wall Street right now and suggests the stock could go up by 35% from where […]
Business
June 11, 2025
Flutter May Lay Off 200 Employees in Britain and Ireland
Flutter, the owner of Paddy Power, may cut over 200 jobs across the UK and Ireland as part of a broader plan to unify its brands under a single technology platform later this year. Flutter Talking About Potential Mass Layoffs The company has not yet specified which areas will be affected by the redundancies, stating […]
