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Legal
January 24, 2025
High Court Says Sky Betting Illegally Processed Customer Data
A High Court judge has ruled that Sky Betting & Gaming (SBG) unlawfully processed a customer’s personal data to deliver targeted marketing materials over a historical period. Justice Rowena Collins Rice delivered her decision on January 23, concluding that the customer, referred to as “RTM,” had not given valid consent for using his data in […]
Industry
January 21, 2025
Flutter Considers Bid for Italy’s Oldest Lottery License
Flutter Entertainment is reportedly considering challenging IGT for Italy’s main lottery license. According to sources, Flutter might join forces with another competitor if it truly wants to dispute IGT’s reign. The Irish Giant Seeks Further Opportunities Sources told The Irish Times that Flutter, which is owned by the Irish gambling company Paddy Power, might join […]
Business
January 8, 2025
Flutter Revises Revenue Forecast Due to Poor NFL Betting Results
Shares of Flutter Entertainment saw a dip of nearly 2% in after-hours trading on Tuesday after the company lowered its revenue and earnings guidance for 2024, citing unexpectedly poor results in NFL betting. The Most Customer-Friendly NFL Season in 20 Years The company now expects its 2024 revenue to reach $5.78 billion, down from the […]
Business
December 12, 2024
Analysts Optimistic Regarding Flutter’s Prospects Despite Market Headwinds
Flutter Entertainment, the parent company of FanDuel, continues to enjoy optimistic projections among analysts, with recent evaluations highlighting its strong market position and robust growth potential. Macquarie and Deutsche Bank analysts continue to be confident in Flutter’s long-term prospects despite a challenging market environment, citing its consistent performance in key markets. Experts Largely Agree in […]
Industry
December 2, 2024
Flutter Raises Over £350K for Cure Leukaemia at Annual Charity Ball
The 2003-launched organization that currently offers potentially life-saving treatment to patients across the UK, Cure Leukaemia, has received a generous boost of over £357,000 ($453,000), thanks to funds raised by Flutter’s annual Charity Ball and a series of other pre-event donations. The yearly event supports pioneering clinical trials, with this year’s contributions set to help […]
Legal
November 22, 2024
Deceased Gambler’s Family Reportedly Files Lawsuit Against Flutter
A 40-year-old man took his own wife back in April 2021 after suffering from a crippling gambling addiction. The shocking case from the UK revolved around Luke Ashton, who was fighting a severe addiction to gambling before his suicide. Using the services of Flutter-owned operator Betfair, the 40-year-old man wasn’t identified as a problem gambler, […]
Business
November 18, 2024
Flutter Appoints PokerStars Exec Kevin Harrington as UK&I CEO
International gambling giant Flutter Entertainment has introduced a major addition to its UK & Ireland team, naming the seasoned Kevin Harrington as its new CEO for the region. The appointment is a part of the company’s reorganization of its international division and aligns with its new two-division structure. Harrington to Succeed Brown in February Kevin […]
Legal
November 18, 2024
Flutter’s Betfair Secures Victory in High Court Problem Gambling Case
Flutter Entertainment, the recognizable gaming and betting company, recently won an important case filed against one of its brands operating in the United Kingdom. The decision in the case against the company filed by a person who lost nearly £1.5 million ($1.89 million) gambling with Betfair came from the country’s High Court. Legal Claim Against […]
Business
November 13, 2024
Flutter Publishes Q3 Results, Prepares for Share Buyback
Gambling and betting giant Flutter Entertainment has published its Q3 report, highlighting significant increases across multiple metrics. As a result, the company updated its guidance, introducing a small raise, and announced the launch of the first tranche of its new share buyback program. Flutter Continued to Excel In the three months ended September 30, Flutter […]
Industry
October 16, 2024
Flutter CEO: UK Tax Hike Would Be in No One’s Interest
Peter Jackson, chief executive officer of Flutter Entertainment, commented on the UK’s ongoing gambling reforms amid talks about tax hikes. Echoing his recent point about the US market, he suggested that high tax rates tend to have adverse effects. Labour Should Speed Up the Regulatory Process In a post on LinkedIn, Jackson said that was […]
