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The Latest in flutter entertainment
Business
March 10, 2023
Flutter Entertainment’s Results Boosted by Online Gaming Segment
Flutter Entertainment, a leading sports betting and gaming company, has released its annual financial report for the year 2022, and it’s full of impressive numbers. Online Gaming Segment Boosts Flutter Entertainment’s Revenue by 49% In the report, Flutter Entertainment announced a significant increase in revenue and profits compared to the previous year. The company’s revenue […]
Business
March 9, 2023
Caesars Could Make a Play for Flutter’s FanDuel in Wake of White Paper Review
According to the analysis cited by Casino.org, the White Paper Review will bring on a number of changes that are likely to suppress trading price for gambling companies which would, in turn, lead to further market consolidation – or at least would create the conditions in which such moves would be beneficial to the parties […]
Legal
March 7, 2023
Probe into PokerStars Results in $4M Settlement with US SEC
It was back in 2020 when the gaming and entertainment giant, Flutter Entertainment, purchased PokerStars from The Stars Group. This deal expanded further the brands owned by Flutter but brought unexpected consequences, a report released by the US Securities and Exchange Commission (SEC) reveals. On Monday, the SEC issued a statement claiming that it uncovered […]
Business
March 2, 2023
Flutter’s Preliminary 2022 Financials Reveal Outstanding Growth
Despite stellar performance across most key verticals, Flutter Entertainment ended the year at a net loss due to several strategic acquisitions, rising interest, higher expenses, and taxes. The company’s management team had only positive remarks, emphasizing the potential growth in several attractive new jurisdictions and the opportunity to consolidate its dominating position in mature markets. […]
Business
February 14, 2023
Flutter Entertainment Consults Shareholders over US Listing
According to Reuters, the parent company of some of the most successful betting and gaming brands worldwide is considering the new US listing as a means of supporting its further expansion in the country. The US Listing to Yield Long-Term Benefits In a statement issued by the London-listed company running its operations in over 20 […]
Business
January 4, 2023
Flutter Reportedly Seeks Chairman to Succeed Gary McGann
Gary McGann is an expert in the growing betting and gaming industry with significant experience. He joined Flutter back in 2015 and has served as chairman of the company since. Global Gaming Giant Reportedly in Search of New Chairman Earlier this week, a new report released by Sky News revealed that the gambling industry giant […]
Industry
December 19, 2022
Flutter CEO Offers Valuable Advice to Ireland’s New Regulator
Peter Jackson, CEO of gaming and entertainment provider Flutter Entertainment, came forward in the Irish Times, sharing his thoughts on the Irish Gambling Bill and offering some advice for the new regulator. The company has expressed staunch support for the country’s updated gambling legislation, reiterating its commitment to safe and sustainable gambling. Ireland Updates Its […]
Casino
December 12, 2022
Inspired to Provide Managed Services for Paddy Power
B2B provider of gaming content, technology, hardware and services Inspired Entertainment announced a new exclusive agreement with Flutter Entertainment-owned brand Paddy Power. Managed Services, VLT Cabinets The agreement between Inspired Entertainment and the brand operating over 350 betting shops in the UK will see the tech solutions supplier provide Paddy Power with fully integrated managed […]
Business
November 9, 2022
Flutter Reports Strong Revenue Growth Hitting £1.89bn in Q3
The global sports betting, gaming and entertainment provider, Flutter Entertainment, released Wednesday its latest trading update outlining the company’s performance in the third quarter. In its latest report, Flutter recorded strong revenue growth for the three months ended September 30, 2022. Flutter’s Revenue in Q3 Soars to £1.89bn The company’s total unaudited revenue for the […]
Legal
November 7, 2022
Fox vs Flutter Arbitration Case Resolved with Both Companies Content with Result
The New York Judicial Arbitration and Mediation Services issued an arbitration ruling stipulating that Fox, owner of Fox Bet, has a 10-year-long right to buy an 18.6% stake in major US sports betting operator FanDuel from Flutter, which currently owns the company. Arbitrator Confirms Fox’s 10-year Option to Buy Stake in FanDuel According to the […]