Industry
March 2, 2021
Flutter Entertainment’s 2020 Revenues Surge After TSG deal
Flutter Entertainment has posted a 28% rise in total group revenue to £5.2 billion for the full year of 2020 boosted by the integration of The Stars Group (TSG) business. Merger With The Stars Group Pushes Flutter’s Growth Flutter Entertainment posted its financial results for 2020 today. Full-year total group revenue at the world’s largest […]
Industry
March 1, 2021
Flutter Makes Biggest Cash4Club Contribution since 2008
Flutter Entertainment has launched its new “Cash4Clubs” campaign, donating £4.8 million to support sports clubs struggling to stay afloat during the lockdown. “Cash4Club” Campaign Helps Local Sports Clubs Flutter Entertainment started the company’s latest “Cash4Club” campaign with its biggest contribution so far. Flutter donated £4.8 million to help smaller clubs struggling to survive the Covid-19 pandemic. Flutter’s charity initiative has […]
Industry
February 25, 2021
Nancy Dubuc and Holly Koeppel Join Flutter to Improve Gender Balance
Flutter Entertainment is introducing Nancy Dubuc and Holly Koeppel in non-executive roles to boost gender and diversity. Koeppel and Dubuc to Step in Non-Executive Roles Flutter Entertainment continues to work on its diversity and gender balance by bringing Nancy Dubuc and Holly Koeppel in non-executive director roles on April 29 and May 13, respectively. Koeppel and Dubuc will be replacing now outgoing Divyesh Gadhia and Peter […]
Industry
February 22, 2021
Flutter Entertainment Suspends Credit Card Payments in Ireland
Starting from April 6 on in, Flutter Entertainment will no longer accept credit card payments in Ireland. Credit Cards to Go from Flutter Entertainment’s Brands in Ireland Flutter Entertainment is taking another step towards reining in problem gambling by introducing a ban on credit card payments and betting across the group’s brands in Ireland. Starting […]
Industry
February 15, 2021
Low Threshold Affordability Checks Will Affect UK Gambling
Upcoming affordability checks for gaming operators in the UK are likely to hit the industry, especially the owner of Paddy Power, Flutter Entertainment, if the proposed limit of £100 per month is approved. Having started a consultation period with all stakeholders and other interested parties in December last year, the Gambling Commission closed the period […]
Legal
February 4, 2021
UK Gambling Stakeholders Comment on PwC Black Market Report
A new PwC report analyzing the offshore gambling market in the United Kingdom has seen fewer operators but higher participation from online consumers. More People Visit Fewer Illegal Gambling Websites British sports books and gaming firms have cited a reported conducted by PwC which described the increasing impact the offshore and black markets have on […]
Business
February 1, 2021
Flutter Names Greg McCaw Group Director of Inclusion and Diversity
Flutter Entertainment announced today that it appointed Greg McCaw as group director of Inclusion and Diversity. In his new position, Mr. McCaw would be helping the company develop and execute an inclusion and diversity strategy. Flutter Entertainment Appoints Group Director of Inclusion and Diversity Leading sports betting and gaming group, Flutter Entertainment announced today that […]
Industry
January 16, 2021
Andrew Sneyd Appointed Senior Vice President Brand at FanDuel
Daily fantasy sport and betting group FanDuel announced a change to its marketing personnel, having appointed Andrew Sneyd as senior vice president for the brand. “We are amidst a pivotal moment in history where, as a brand, we have the opportunity to make a true impact both for our customers and industry at large.” Mike […]
Business
January 11, 2021
Betfair Exhange Became Less Compelling to Bettors in Italy
Sports betting exchange leader in Italy Betfair Exchange expressed concerns its flagship product lost much of its competitiveness and appeal following the controversial turnover tax imposed by the government last summer. Unsustainable Turnover Tax As part of the “Revival Decree” the Italian government imposed a 0.5% turnover tax across retail, digital and virtual sports wagering, […]
Business
January 4, 2021
Paddy Power Becomes ITV Racing’s Live Fixtures Title Sponsor
ITV Racing and Paddy Power signed a deal to make the sports betting brand the new sponsor of the media’s live racing coverage effective January 1, 2021, ITV announced. The partnership also covers ITV’s magazine program, The Opening Show. Last year, ITV Sport announced it would maintain its exclusivity regarding free-to-air broadcasting of horse racing […]