Tag Archives: Betfair

The Grand National – undeniably the biggest betting event of the year for UK and Irish bettors, captivating the interest of both seasoned and casual punters alike, and of course of major significance to the bookmakers. Following hot on the heels of the mixed-results Cheltenham Festival, which saw a combo of bookie-friendly results but also big customer wins, the 2023 …

Flutter Entertainment’s Board of Directors has notified investors that the FTSE100 business “aims to implement an additional US listing during Q4 2023”.  In February, Flutter’s board revealed that it was reviewing options to proceed with a ‘secondary US listing’ of its ordinary shares. Primary benefits highlighted by Flutter governance included a “deeper access to capital markets and to new US …

Betfair has launched ‘Esport Futuro‘ (Future Sports), its first Brazilian social initiative aimed at improving funding and community access to grassroots sports. The commitment has been launched with Betfair pledging to donate over R$630,000 (€120,000) to five sports associations in Brazil in 2023. Esport Futuro is formed in partnership with Global Giving, the international charity partner of Flutter Entertainment, and …

Flutter Entertainment has reported strong trading across its full UK and Ireland brand portfolio from last week’s Cheltenham Festival, particularly bolstered by the unique timing of this year’s racing calendar. The FTSE100 betting and gaming group recorded total stakes of over £250m and 37 million online bets over the four days of the festival across its Paddy Power, Sky Bet …

Flutter Entertainment Plc has delivered on the objectives of a transformative 2022, maintaining ‘rapid US expansion’ whilst successfully integrating the new assets of Tombola and Sisal to diversify its home and international units. Announcing its full-year 2022 preliminary results, Flutter achieved group revenue results of £7.69bn, up 27% on corresponding FY2021 figures of £6.03bn. The FTSE100 gambling group maintains its …

MyRacehorse has appointed former Betfair horse racing principal Will De Nardo as its UK and Ireland Marketing Director and Global Gaming Lead. A US-founded enterprise, MyRacehorse is seeking to strengthen and expand its presence in the established horse racing markets of the UK and Ireland, and De Nardo will leverage his betting industry experience in pursuit of this goal. The …

The board of Flutter Entertainment Plc has this morning announced that it is examining options to pursue a separate US listing for FanDuel.  An FTSE filing revealed that Flutter’s board believes that listing FanDuel on a US exchange will generate “long-term strategic and capital market benefits for company shareholders”. The option comes as FanDuel has established itself as Flutter’s largest …

Betfair has announced a shirt sponsorship of Campeonato Brasileiro Série A club, Cruzeiro Esporte Clube. The betting company’s branding is placed on the chest of the team’s shirt, which after three years, is back in top flight of the Brazilian Championship after a recent promotion. “We are very excited about this partnership, as we will have the opportunity to support …

Flutter Entertainment has appointed EssenceMediacom, the flagship media planning and buying agency of WPP Plc, to manage its entire UK advertising account. The FTSE100 gambling group maintains a prior relationship with Mediacom, the agency that consolidated the Paddy Power and Betfair advertising accounts in 2016 as part of the group’s +£100m post-merger synergies strategy. Subsequent M&As undertaken by Flutter saw …

Flutter Entertainment Plc has begun planning for the succession of Gary McGann as Executive Chairman of the FTSE100 gambling group.  This morning, Sky News reported that Flutter governance had begun ‘interviewing candidates’ to “identify a successor to Gary McGann”, who has served as chairman of the company since 2015. City Sources indicate that McGann’s departure will be announced later in …