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Business
May 3, 2023
Flutter Posts Strong First Quarter Results with Revenue Up 54%
The international sports betting and gambling company, Flutter Entertainment, released a new trading update, outlining its performance for the first quarter of 2023. Judging by the preliminary figures revealing the performance for the three-month period ended March 31, 2023, the company has seen strong growth in revenue as well as an increase in its number […]
Industry
May 1, 2023
Flutter CEO Argues Against Anti-Gambling Campaigns Use of New Levy Funds
Flutter Entertainment, the world’s biggest listed gambling group and owner of Paddy Power, has expressed concerns that funds from a new statutory levy on operators could be used by campaigners to stop gambling in general. The Flutter CEO said that campaigners had already had the opportunity to make their cases and that people must be […]
Business
April 27, 2023
Flutter Names John Bryant New Chair and Non-executive Director
Gaming industry giant Flutter Entertainment announced a senior-level appointment. The company confirmed Thursday it strengthened its leadership by hiring John Bryant, an expert with significant experience within international companies. Joining Flutter, he was appointed to the role of non-executive director and Chair designate of the Board. The company explained that the appointment will be effective […]
Business
April 27, 2023
Flutter Shareholders Expected to Greenlight US Listing
Earlier this year, Flutter Entertainment, the global gaming and entertainment company, announced its plans to consult with its shareholders for an additional US listing. Currently, the company is listed on the London Stock Exchange. However, considering the growth of FanDuel in the US, it sought to consult its shareholders on whether or not to engage […]
Business
April 10, 2023
John Bryant May Be Flutter Entertainment’s New Chairman
The global gaming and entertainment industry giant, Flutter Entertainment, confirmed recently that it identified the best strategy for delivering interest for its shareholders. At the time, FTSE 100-listed company confirmed its plans for an additional listing of stocks in the United States. That plan comes at a time when the company’s entertainment and sports betting […]
Business
March 27, 2023
Flutter Shareholders to Vote on US Listing Resolution
Global gaming group Flutter Entertainment announced today that its Board of Directors has decided to put to shareholders at the forthcoming annual general meeting (AGM) in April the proposal for an additional share listing in the US. Wide Consultation Showed Strong Support The decision to put to shareholder vote the idea of listing Flutter ordinary […]
Industry
March 17, 2023
bet365, Flutter, Betsson, Betway Establish Brazil’s IBRJ
Global leaders in sports betting have joined forces to establish a new entity in Brazil, the Brazilian Institute of Responsible Gaming (IBJR), seeking to contribute to the ongoing discussion and development of the gambling market in the Latin American country. ‘Collaborate with All Sectors of Society’ The establishment of the new body focused on responsible […]
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 […]
