Global gambling group Flutter Entertainment revealed in a regulatory release today certain changes to the Board of Directors and Committees effective the Annual General Meeting (AGM) on April 28, 2022. ‘Exceptional Contribution to the Board’ London Stock Exchange (LSE)-listed Flutter Entertainment announced that long-time serving director Michael Cawley would not be running for re-election at […]
Some companies still don’t get it. There’s a reason why governments have stepped in and placed legal bans on spam – consumers don’t want to be bombarded with unsolicited messages. Most would assume that a giant company like Flutter Entertainment would know not to violate the law, but not in this case. Its Australian sports […]
London Stock Exchange-listed Flutter, which is also part of the Financial Times Stock Exchange 100 Index has recently decided to expand its presence on the Spanish market by opening a new hub in the autonomous city of Ceuta. The expansion is an important milestone in light of the ten years of operations that Flutter International […]
The Irish bookmaking holding company Flutter Entertainment has finalized its acquisition of the British online bingo platform Tombola – a deal that was announced back in November. Following the agreement’s completion, Flutter appointed Ben Reilly, the commercial director of Paddy Power Sports, as the managing director of the newly acquired business. Flutter Completes Acquisition The […]
Flutter Entertainment has agreed to set terms to buy Sisal, an Italian gaming operator, for a price tag of $2.2 billion. As a statement released today details, Flutter will purchase the company, which is owned by CVC Capital Partners Fund VI in an all-cash deal, set to be finalized in Q2 2022. Flutter Had a […]
Licensed operators around the world follow various rules depending on the jurisdictions they operate in. Anti-money laundering (AML) and responsible gambling efforts are key rules which licensees follow to ensure player protection. In contrast, black market or unlicensed operators do not adhere to such requirements, which puts the consumers that use those operators at risk. […]
Flutter Entertainment has confirmed that it would continue to work with OpenBet to maintain and scale up operations in Australia through the former’s Sportsbet brand. The new partnership extends through the end of 2025 and enjoys support from both companies. As a result, Sportsbet will continue to use OpenBet’s industry-leading tech and services that guarantee […]
Flutter Entertainment is set to pay $542.90 million to acquire Tombola, a bingo gaming company that has been generating robust financial results over the past years. The owner of Paddy Power, Betfair, and FanDuel revealed the acquisition on Thursday, looking to secure another high-value asset to its portfolio. Flutter Acquires Bingo Company Tombola Flutter is confident […]
Sky Vegas, a Flutter Entertainment-owned online gaming brand, landed in hot regulatory waters after several UK customers who had self-excluded themselves from gambling reported to have been targeted with free spin offers by the brand, an article in The Guardian reveals. Raising Concerns for Relapse Sky Vegas sent promotional messages offering 100 free spins as […]
Global gambling group Flutter Entertainment announced a third-quarter trading update today, posting a strong performance and 9% growth mostly driven by sports. However, the markets were unimpressed, and the FTSE100-listed company stock fell 7.3%. Overall Flutter Entertainment’s unaudited results for the quarter ended September 30, 2021, revealed revenues of £1.439 billion ($1.967 billion), an increase […]
