Tag Archives: FanDuel

More than 200 jobs have become at threat at Flutter Entertainment, owner of well-known Irish betting brand Paddy Power. The move would come as part of a broader strategy to bring its brands on to a single tech platform, although it has not yet been confirmed whereabouts in Britain and Ireland the redundancies will directly impact. The Racing Post has …

Flutter Entertainment’s Q1 trading report cemented the US as the primary focus market, and with good reason given the huge revenues the group is generating from the world’s largest economy. This was made more apparent in a letter to shareholders signed off by Peter Jackson, the NYSE gambling group’s CEO, which focused heavily on US developments and the upgrades being …

Flutter Entertainment has underscored its strategic execution to achieve “unparalleled global scale,” strengthening its position as gambling’s most valuable plc. The NYSE- and LSE-listed gambling group maintains a stronghold in the US while increasing its market share in the UK and Ireland, Italy, Turkey, India, and Brazil. Publishing its Q4 and FY2024 results, Flutter achieved its objective of a major …

Flutter has joined in on the support efforts to aid Los Angeles towards recovery after devastating fires ravaged through the City of Angels.  Through its biggest brand and US-facing online sports betting platform, FanDuel, Flutter will set aside $250,000 as a donation package for non-profit charity Americares and the LA Fire Department Foundation.  The money will serve as a wildfire …

US-based online gambling firm FanDuel has teamed up with Euroleague Basketball in a broadcasting agreement spanning across the 2024/25 season.  Under the contract, FanDuel will utilise its TV channel alongside its OTT platform FanDuel TV+ to exclusively broadcast to US audiences one game from every Turkish Airlines EuroLeague Regular Season round. By doing so, the gambling company will be able …

Flutter Entertainment Plc celebrates ‘excellent Q2 trading’, as leadership raises its full-year fiscal guidance for its US business and the wider Group (excluding US) performance. Publishing its Q2 accounts, the NYSE-listed gambling group highlighted that it “outperformed all market consensus”, generating corporate revenues of $3.6bn, up 20% on 2023 comparatives of $3bn. Headline growth was underpinned by Flutter’s portfolio of …

Flutter Entertainment Plc maintains its growth momentum and market share upturn across key territories, ahead of relocating its primary shareholding on the NYSE from May onwards. Publishing its Q1 2024 accounts, Flutter reports group revenues of $3.4bn, up 16% on 2023 comparatives of $2.9bn. Group results detailed that Flutter’s brand portfolio increased its average monthly players to 13.7m during the …

Flutter Entertainment Plc has declared corporate losses of $1.21bn after completing a transformative year for its business, which achieved the headline objective of becoming global gambling’s most valued Plc.  Publishing its full-year 2023 accounts, the joint FTSE-&-NYSE-listed gambling group reported revenues of $11.7bn, a 24% increase over the FY2022 results of $9.4bn.  Headline growth shows Flutter delivering on the goals …

Genius Sports Inc celebrates its eighth consecutive quarter of growth, as its yearly revenue and earnings results surpass market expectations. In its full-year 2023 report released today, Genius Sports announces corporate revenues of $412m, marking a 21% increase from FY2022’s comparative results of $341m. The growth in headline revenues exceeds the NYSE betting technology, media, and data group’s expected revenue …