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Industry
July 5, 2022
Flutter Confirms the Leave of Paddy Power’s CEO
Irish bookmaker Flutter Entertainment has confirmed that Paddy Power’s chief executive officer will be leaving the group. Victor Corcoran’s exit comes amid some major changes to Flutter’s teams. Flutter Confirms Corcoran’s Leave Flutter confirmed previous rumors that Corcoran will be vacating Paddy Power’s CEO seat. The ex-executive refused to publically comment on his departure. Corcoran […]
Legal
July 4, 2022
Flutter and Entain Allocated $100m for California Lobbying
British sports betting duo Entain and Flutter Entertainment is putting aside a $100 million war chest to convince Californians to support their sports betting proposal on the November ballot. In the meantime, the rivalry with the tribes kicked in with a bang. Everyone Gets a Piece of the Pie The lobbying funds set aside by […]
Industry
June 9, 2022
Alex Cassettari Appointed Flutter’s Head of Procurement Services
Alex Cassettari, former Senior Manager for Procurement Services at BT and BT Sourced, has joined global gambling group Flutter Entertainment as Head of Procurement Services. Switching from Telecoms to Gambling Cassettari announced his new role as Head of Procurement Services at Flutter Entertainment on LinkedIn, outlining that the gambling industry is entirely new for him […]
Business
June 1, 2022
Parvus Asset Management Expands Flutter Voting Rights
Flutter Entertainment, the parent of sports betting and gaming brands worldwide, including FanDuel in the US and Betfair in the UK and Ireland, announced in a filing to the exchange and the Central Bank of Ireland that Parvus Asset Management is now holding more than7% of the voting rights. Equity Swaps and Put Options Sending […]
Business
May 17, 2022
Flutter Appoints Karen O’Rourke as New Chief of Staff in Strategic Move
International gaming, sports betting, and entertainment supplier Flutter Entertainment have appointed Paddy Power’s ex-advertising manager Karen O’Rourke as its new chief of staff for chief executive officer Peter Jackson. The decision is an important step in the company’s plans to restructure its personnel. O’Rourke to Boost Flutter’s Corporate Strategy O’Rourke will be going back to […]
Legal
May 16, 2022
Flutter to Replace Audit Firm, Switches from KPMG to Deloitte
Global gambling group Flutter Entertainment is tearing a 20-year relationship with accountancy KPMG to comply with EU rules and is switching to its Big Four rival, Deloitte, starting from 2024, The Times reported. Merry-Go-Round among the Big Four Irish-headquartered Flutter Entertainment was forced to undertake the switch due to EU listing rules which require listed […]
Industry
May 4, 2022
Flutter’s US Revenue Grows, Boosts Q1 2022 Financial Results
The global sports betting, gaming and entertainment provider, Flutter Entertainment plc, announced its financial results for the three months that ended March 31, 2022. On Wednesday, the company said that in Q1, 2022, it has seen growth, primarily driven by the outstanding performance of its US-facing operations. Flutter Sees Strong Revenue for the First Quarter […]
Industry
May 3, 2022
FanDuel Appoints Flutter IR and FP&A Director David Jennings
Daily fantasy sport and sportsbook operator FanDuel Group announced in a press release today the appointment of David Jennings as the company’s Chief Financial Officer (CFO). Switching from Dublin to New York New CFO Jennings will be responsible for all of FanDuel Group’s finance functions, overseeing financial planning and analysis, strategy, accounting, procurement, tax and […]
Business
April 29, 2022
Flutter Entertainment Appoints Carolan Lennon as Non-executive Director
Flutter Entertainment has decided to strengthen its board of directors by adding Carolan Lennon as a non-executive director. This announcement comes after Michael Cawley announced in February that he will be stepping down, together with fellow director Zillah Byng-Thorne. Lennon’s Appointment Will Be Effective on July 1 Although the main news of the annual general […]
Sports
April 22, 2022
PokerStars Exchange Launches, Shares Liquidity with Betfair
PokerStars has created a new peer-to-peer online betting exchange that will increase the opportunities for social experiences on the company’s website. The idea behind an exchange is to enable consumers to create bets and then buy and sell them to other people who may be interested in backing the same selection. This will further increase […]