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Business
March 2, 2023
Flutter’s Preliminary 2022 Financials Reveal Outstanding Growth
Despite stellar performance across most key verticals, Flutter Entertainment ended the year at a net loss due to several strategic acquisitions, rising interest, higher expenses, and taxes. The company’s management team had only positive remarks, emphasizing the potential growth in several attractive new jurisdictions and the opportunity to consolidate its dominating position in mature markets. […]
Business
February 14, 2023
Flutter Entertainment Consults Shareholders over US Listing
According to Reuters, the parent company of some of the most successful betting and gaming brands worldwide is considering the new US listing as a means of supporting its further expansion in the country. The US Listing to Yield Long-Term Benefits In a statement issued by the London-listed company running its operations in over 20 […]
Business
January 4, 2023
Flutter Reportedly Seeks Chairman to Succeed Gary McGann
Gary McGann is an expert in the growing betting and gaming industry with significant experience. He joined Flutter back in 2015 and has served as chairman of the company since. Global Gaming Giant Reportedly in Search of New Chairman Earlier this week, a new report released by Sky News revealed that the gambling industry giant […]
Industry
December 19, 2022
Flutter CEO Offers Valuable Advice to Ireland’s New Regulator
Peter Jackson, CEO of gaming and entertainment provider Flutter Entertainment, came forward in the Irish Times, sharing his thoughts on the Irish Gambling Bill and offering some advice for the new regulator. The company has expressed staunch support for the country’s updated gambling legislation, reiterating its commitment to safe and sustainable gambling. Ireland Updates Its […]
Casino
December 12, 2022
Inspired to Provide Managed Services for Paddy Power
B2B provider of gaming content, technology, hardware and services Inspired Entertainment announced a new exclusive agreement with Flutter Entertainment-owned brand Paddy Power. Managed Services, VLT Cabinets The agreement between Inspired Entertainment and the brand operating over 350 betting shops in the UK will see the tech solutions supplier provide Paddy Power with fully integrated managed […]
Business
November 9, 2022
Flutter Reports Strong Revenue Growth Hitting £1.89bn in Q3
The global sports betting, gaming and entertainment provider, Flutter Entertainment, released Wednesday its latest trading update outlining the company’s performance in the third quarter. In its latest report, Flutter recorded strong revenue growth for the three months ended September 30, 2022. Flutter’s Revenue in Q3 Soars to £1.89bn The company’s total unaudited revenue for the […]
Legal
November 7, 2022
Fox vs Flutter Arbitration Case Resolved with Both Companies Content with Result
The New York Judicial Arbitration and Mediation Services issued an arbitration ruling stipulating that Fox, owner of Fox Bet, has a 10-year-long right to buy an 18.6% stake in major US sports betting operator FanDuel from Flutter, which currently owns the company. Arbitrator Confirms Fox’s 10-year Option to Buy Stake in FanDuel According to the […]
Business
November 1, 2022
PokerStars VR Included in the Launch of Meta’s Cutting-Edge Quest Pro
Flutter Entertainment’s virtual casino PokerStars VR is among the select games chosen to be offered on Meta’s brand-new mixed-reality device, Quest Pro, which launched on October 25. Quest Pro’s Cutting-Edge Features Are Fully Utilized by the Upgraded PokerStars VR Meta is once again revolutionizing the VR space with its ground-breaking mixed-reality headset the Quest Pro. […]
Casino
October 27, 2022
Flutter Achieves GamCare Certification for Multiple Brands
The global sports betting, gaming and entertainment provider, Flutter Entertainment, announced Thursday it achieved prestigious safer gambling certifications for its leading brands in the UK and Ireland. Three Flutter Online Brands Awarded Certification by GamCare The company revealed its brands Paddy Power, Betfair and Sky Betting & Gaming have been awarded the Advanced Safer Gambling […]
Business
October 21, 2022
Hill Named Flutter COO, Edgecliffe-Johnson Joins as CFO
Global sports betting and leader giant Flutter Entertainment announced that Jonathan Hill, its group chief financial officer, will establish a new group chief operating officer function. His goal is to boost the benefits of Flutter’s scale and back the company’s strategic direction. Meanwhile, Paul Edgecliffe-Johnson will join as CFO and exec director of the group […]
