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Business
May 14, 2024
Flutter Reports $375M Comprehensive Net Loss in Q1, 16% Revenue Growth
The leading online sports betting and iGaming operator with a versatile portfolio of brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, and MaxBet, Flutter Entertainment plc, has published its Q1 2024 financial report. The industry leader, which recorded $11,790 million of revenue globally for fiscal year 2023, and $3,397 million of revenue […]
Business
May 2, 2024
Flutter Shareholders Approve Shift to New York Stock Exchange
In another setback for London’s financial market, Flutter Entertainment, the parent company of Paddy Power, has received overwhelming support from its shareholders to shift its primary stock exchange listing to New York. The decision, made at the company’s annual general meeting, reflects a significant move for the gambling giant, which expects the transition to be […]
Business
April 17, 2024
Flutter Promotes a Paddy Power Online Sports Director from Within
Global sports betting, gaming and entertainment provider Flutter has promoted from within, naming the experienced Andy Branigan as the new sports director of its Paddy Power Online brand. In this position, the appointee will be responsible for the sports operations of the company’s Irish online betting arm. Branigan is no stranger to Flutter’s business and […]
Business
April 10, 2024
FanDuel Promotes Andrew Gradwell to SVP of Product
FanDuel has reinforced its senior leadership team with a new internal promotion, naming the experienced Andrew Gradwell as its new senior vice president of product. In this position, he will be tasked with leveraging his expertise to oversee the company’s products. Gradwell is no stranger to FanDuel. He joined the company back in December 2020, […]
Business
April 9, 2024
Flutter Names Cheryl Bosi as Chief People Officer for UK & Ireland
Global sports betting, gaming and entertainment provider Flutter Entertainment has made a new appointment to its C-suite, naming the experienced Cheryl Bosi as its new chief people officer for the United Kingdom and Ireland. In her new position, Bosi will leverage years of corporate and HR experience to support the company’s team. Her impressive track […]
Industry
April 5, 2024
FanDuel Contemplates Acquisition for Nevada Expansion
Currently, FanDuel and DraftKings are at the helm of sports betting across the US. The two hold a significant share of the betting market and are undoubtedly leaders when it comes to sports betting in many states. Despite their solid presence across the country, neither DraftKings nor FanDuel has a presence in Nevada, the home […]
Business
April 4, 2024
Flutter Entertainment Plans Primary Listing Shift from London to New York
Flutter Entertainment Plc, the parent company of FanDuel, has announced plans to shift its primary listing from London to New York, hoping to capitalize on the fast-growing US market and attract new retail investors. The Dublin-based gambling giant has scheduled a shareholder vote on 1 May to seek approval for the move. The Move Should […]
Business
March 27, 2024
Flutter CEO Enjoys Pay Raise after Solid 2023 Results
Earlier this week, the leading gaming and entertainment company recognized across the globe, Flutter Entertainment, posted $11.8 billion in revenue for 2023, signaling a 24.6% year-over-year increase. The company’s finances were impacted positively by its strong performance across the United States, yet Flutter also reported a $1.21 billion net loss. Besides its financial report, the […]
Business
March 26, 2024
Flutter Entertainment Posts $11.8B Revenue, Weighed by Loss
Flutter Entertainment is shutting the book on a full financial year with the company seeing a 24.6% increase in its annual revenue, but also posting a $1.21bn net loss which has prevented the FTSE100 company from shining. Loss Prevents Flutter from Shining in FY2023 The negative performance market has widened since FY2022 when the company […]
Sports
March 21, 2024
Flutter’s UK, Irish Brands Record 35M Bets during Cheltenham Festival
Last week, the Cheltenham Festival, one of the most-anticipated world-class racing events in the United Kingdom and Ireland, wrapped up. Considering the importance of the four-day Festival, sports books have been preparing for a significant time to ensure a seamless and enjoyable experience for bettors and racing fans alike. Not unexpectedly, the Cheltenham Festival was […]
