Tag Archives: Flutter Entertainment

Seven years down the line, a topic has arisen that has potential to shake up the US betting market, that being political betting markets and the drama around Kalshi, an events prediction platform. For overseas operators, including many from the UK, the US has posed a lucrative but highly challenging market for the past few years, with only a handful …

Flutter Entertainment has completed its takeover of a majority stake in NSX, the parent company of one of Brazil’s largest online bookmakers, Betnacional. The NYSE firm paid $350m for a 56% stake in NSX, cementing its podium spot in yet another market, and one which has been by far the subject of the most hype over the past two years. …

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 underscores its position as global gambling’s highest valued plc, upgrading its 2025 guidance following a strong start to year trading. Q1 headline results see the dual-listed NYSE/LSE gambling group post revenues of $3.66bn, up 8% on 2023 comparatives of $3.39bn. Underpinned by accelerated growth in the US, adjusted EBITDA increased by 20% to $616m (Q1 2024: $514m). Group …

Flutter Entertainment‘s Italian leadership ambitions took a step further this week as the multinational gaming group secured regulatory approval for its takeover of Snaitech. The Irish-founded, New York-listed company has cleared all antitrust, gaming and regulatory approvals to acquire Snaitech from a subsidiary of UK-based gaming firm Playech. The company first secured terms to acquire Snaitech in September last year …

Irish betting and gaming companies, from bookmakers to tech developers, have been requested to register their interest in a gambling licence under its new framework. The Gambling Regulatory Authority of Ireland (GRAI) has shared the request across social media channels, stating that it wants to make the licensing process as seamless as possible. “To assist in our preparations for the …

Ahead of the Kabaddi World Cup final this weekend, tournament organisers have praised the addition of Irish bookmaker Paddy Power to the tournament’s roster of commercial partners. Flutter Entertainment-owned Paddy Power became the sponsor of the Kabaddi World Cup in December last year. This year’s edition of the tournament is notable for being the first outside of Asia, being held …

Bet builders have become a mainstay of British betting and are now being exported overseas, but the product is also undergoing a revamp with the addition of ‘Super Sub’-style features. Today, bet365 became the latest company to announce a version of the Super Sub, which has been doing the rounds at Flutter Entertainment brands over recent months, as well as …

Swindon Storm, an English amateur American football club, received a surprise message during a Super Bowl party from NFL star Rob Gronkowski  in partnership with Flutter Entertainment.  Described as a New England Patriots legend, the four-time Super Bowl winner delivered the news that the club is the first of 200 across the UK and Ireland to receive a £2,000 Cash4Clubs …

Flutter Entertainment has backed down in its row with Arena Racing Company (ARC) over media rights payments by offering bets on Wednesday’s six-race card at Bath. After Flutter brands Paddy Power and Sky Bet revealed they would not offer prices on the meet for the first time, a huge row broke out. However, the firms both showcase their attempts to …