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Business
January 26, 2024
Nevada Gaming Commission Greenlights Licensing for Flutter’s Audit Chair
The listing of shares of Flutter Entertainment, the global gaming and entertainment company, on the NYSE is expected next week. Ahead of the upcoming listing, the company secured licensing for a board member and chair of its audit committee. The green light came from the Nevada Gaming Commission with the approval of Holly Koeppel as […]
Business
January 24, 2024
Flutter Prepares for NYSE Listing, Exits Dublin Stock Exchange
Flutter Entertainment, the operator of FanDuel, has spent significant time preparing for this strategic move as it pivots its attention to the lucrative US market. The global gambling giant will maintain its listing on the London Stock Exchange, signifying its ongoing commitment to maintaining a presence in its core jurisdictions. However, the move to the […]
Industry
January 22, 2024
ESRI Defends Problem Gambling Survey Results amid Industry Skepticism
Flutter Entertainment’s chief executive officer, Peter Jackson, recently expressed skepticism about the problem gambling rates identified by Ireland’s Gambling Regulatory Authority. However, Pete Lunn, a professor from the Economic and Social Research Institute’s Behavioral Research Unit, said that Flutter is still basing its understanding on old data. For reference, a recent study commissioned by Ireland’s […]
Business
January 18, 2024
Flutter Posts Strong Q4 Results, Plans to Retain Momentum in 2024
The globally recognized betting and gaming operator, Flutter Entertainment, released its latest trading update, uncovering details regarding the company’s performance for the fourth quarter of 2023. The new unaudited report emerged Thursday and highlights strong growth in terms of revenue and the number of average monthly players (AMPs) for the latest trading period. Flutter posted […]
Business
January 17, 2024
Flutter Completes Majority Acquisition Deal with MaxBet
Gambling giant Flutter Entertainment announced that it has completed its majority acquisition of MaxBet, a Serbian gambling operator. The move was officially announced in September 2023, with Flutter agreeing to pay €141 million (roughly $153 million, current rates) to acquire a majority stake in the Balkans-oriented company. The deal has now been closed, putting Flutter […]
Business
January 11, 2024
Richard Flint to Leave Flutter’s Board in May
Flutter Entertainment is set to part ways with one of its directors. According to the announcement, Richard Flint, ex-chief executive of Sky Betting & Gaming, will not seek re-election and will instead depart from the board. Flint will finish his current term, which is set to run until May 1. On that date, Flutter will […]
Business
December 22, 2023
Flutter Entertainment Shares Up 5% as Analysts Remain Optimistic
Renowned betting and gaming operator Flutter Entertainment experienced a significant surge in its share value. Despite increased competition, the company’s FanDuel brand has maintained its leadership position in the USA, and its overseas investments also pay significant dividends. This development aligns with Flutter’s plans to enter the New York Stock Exchange after it stops trading […]
Industry
December 8, 2023
Flutter Entertainment, Ready to Exit Dublin Stock Exchange
Earlier in the week, the leading online sports betting and gaming company that operates some of the most innovative, versatile, and easily distinguishable brands, Flutter Entertainment, announced that its UK and Ireland division had committed up to £8 million ($10 million) to charitable initiatives in 2023. The gambling conglomerate also took the opportunity to announce […]
Business
December 7, 2023
Flutter CEO Discusses FanDuel’s Growth and Plans for the US Market
FanDuel has attained a significant market share in the US, successfully branching out from its Daily Fantasy Sports (DFS) origins to become one of the leading players on the sports betting scene. However, rising competition from rivals like DraftKings and ESPN Bet means the operator must maintain its efforts to remain competitive and attract customers […]
Business
November 10, 2023
Flutter Entertainment to Delist from Euronext Dublin, Eyes New York Listing in Q1 2024
Flutter Entertainment, the parent company of FanDuel, has decided to delist from Euronext Dublin, Ireland’s stock exchange, as part of its strategy to add a New York listing in the first quarter of 2024. The move comes amid regulatory considerations and technical challenges in maintaining the company’s Dublin listing. Europe Remains a Challenging Regulatory Environment […]
