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The Latest in flutter entertainment
Business
March 27, 2024
Flutter CEO Enjoys Pay Raise after Solid 2023 Results
Earlier this week, the leading gaming and entertainment company recognized across the globe, Flutter Entertainment, posted $11.8 billion in revenue for 2023, signaling a 24.6% year-over-year increase. The company’s finances were impacted positively by its strong performance across the United States, yet Flutter also reported a $1.21 billion net loss. Besides its financial report, the […]
Business
March 26, 2024
Flutter Entertainment Posts $11.8B Revenue, Weighed by Loss
Flutter Entertainment is shutting the book on a full financial year with the company seeing a 24.6% increase in its annual revenue, but also posting a $1.21bn net loss which has prevented the FTSE100 company from shining. Loss Prevents Flutter from Shining in FY2023 The negative performance market has widened since FY2022 when the company […]
Sports
March 21, 2024
Flutter’s UK, Irish Brands Record 35M Bets during Cheltenham Festival
Last week, the Cheltenham Festival, one of the most-anticipated world-class racing events in the United Kingdom and Ireland, wrapped up. Considering the importance of the four-day Festival, sports books have been preparing for a significant time to ensure a seamless and enjoyable experience for bettors and racing fans alike. Not unexpectedly, the Cheltenham Festival was […]
Business
March 15, 2024
Analyst Highlights FanDuel’s Impact on Flutter’s Growth
Currently, FanDuel holds a leadership role within the betting and gaming vertical across the United States. The Flutter Entertainment-owned brand continues to enjoy success and expands across the country while growing its customer base. A testament to FanDuel’s success isn’t only the growing player base but its outstanding financial performance which ultimately contributes toward the […]
Business
March 4, 2024
Flutter Ready for Internal Changes Amid Lazzarato’s Departure
Global supplier of sports betting, gaming, and entertainment, Flutter Entertainment, has announced several internal changes ahead of David Lazzarato’s upcoming departure. Not Seeking Re-Election The company that offers sportsbooks, on-course bookmaking, broadcasting, daily fantasy sports, exchanges, business-to-business services, and editorial solutions has confirmed that Lazzarato will step down from the company’s board of directors during […]
Sports
February 22, 2024
Flutter Donates £400,000 to Community Clubs across UKI
Flutter has reaffirmed its commitment to nurturing sports organizations across the United Kingdom and Ireland by agreeing to provide another £400,000 to local community clubs. This move is a part of the operator’s Cash4Clubs program, which has so far seen Flutter invest some £5 million into community sports. The grassroots sports program will once again […]
Business
February 20, 2024
Flutter Entertainment’s Singular Names Phil Garner Managing Director
The international software company that is a part of the world’s leading gaming and sports betting operator Flutter Entertainment, Singular, announced an important senior-level appointment. The company revealed on Tuesday it selected Phil Garner for the role of managing director. In his new position with Singular, he is expected to play an instrumental role in […]
Business
February 19, 2024
Flutter’s Elders Leaves 11-Year Position for Better Collective
Anthony Elders took it to his LinkedIn account to announce he will be leaving the London FTSE100- and Euronext-listed online sports betting and gaming company that operates innovative and distinctive brands, Flutter Entertainment. Elders, who spent close to 11 years with Flutter’s PokerStars, Paddy Power, and Betfair in various positions, will join Better Collective at […]
Business
February 13, 2024
Flutter Grants PMU Access to B2B Sportsbook Platform
The global gaming and entertainment company, Flutter Entertainment, announced an important business-to-business (B2B) partnership with Pari Mutuel Urbain (PMU), the leading French and international horse race betting operator. Details regarding the landmark collaboration emerged Tuesday, designating PMU as the first external brand outside of Flutter Group to gain access to the company’s multi-channel B2B Sportsbook […]
Business
February 9, 2024
Flutter Looks for Startup Partner to Tap into Female Player Base
Gaming giant Flutter Entertainment’s UKI-facing brands, Sky Betting and Gaming, Paddy Power and Betfair, are considering a partnership that would allow them to tap into the increasing female customer base in the United Kingdom and Ireland. To that end, the UKI division is looking to team up with a “high potential startup” that would help […]