Tag Archives: Flutter Entertainment

Flutter Entertainment Plc has restructured its boardroom duties following the departures of company directors’ Divyesh ‘Dave’ Gadhia and Peter Rigby. During Q1 trading, Gadhia, Flutter’s Deputy Chairman and long-term Non-Executive Director Rigby announced that they would resign from all commercial duties representing the FTSE100 company. Following the conclusion of Flutter’s AGM, Gadhia and Rigby have been formally replaced by the …

Flutter Entertainment’s Paddy Power has announced the reopening of its English and Welsh high street betting shops, although Irish outlets will remain closed. Setting out social distancing measures and COVID-19 safety guidelines, only two gaming machines will be operational in each outlet whilst a maximum capacity of eight customers has been established. Bettors can only visit a shop for no …

Fox Corporation has launched legal proceedings against Flutter Entertainment in relation to the former exercising its option to acquire an 18.6% stake in the FanDuel sportsbook. Flutter has argued that Fox must conduct the transaction at a ‘fair market price’, whilst the American multimedia corporation maintains that it should pay the same amount Flutter paid in December 2020. Through its …

Oddschecker has released its report of betting trends during the 2021 Cheltenham Festival, revealing positive results for numerous operators with bet365 heading the betslip leaderboard. The Stoke-on-Trent based online bookmaker accumulated the largest share of betslip clicks on the odds comparison website throughout the four-day festival at 19.4%, whilst Flutter Entertainment’s Sky Bet and Paddy Power finished second and third …

Online gambling operator Betfair has severed its connections with Gordon Elliott, after an image of the renowned Irish racing trainer sitting on a dead horse circulated on Twitter. The picture of the trainer sat on the horse, which allegedly died of a heart attack, is reported to be some years old, and first surfaced on social media on Saturday. Despite …

Entain Plc has emerged as the first suitor to disclose its interest in acquiring Tabcorp Holdings’ TAB racing and sports betting unit, tabling an AUS $3 billion (£1.9 bn) all-cash offer to take control of the underperforming business. The FTSE100 firm’s cash offer represents, it said, the ‘market valuation’ placed by ASX analysts on Tabcorp’s wagering unit.   The Australian Financial …

Ian Proctor, Chairman of Flutter Entertainment, the bookmaking holding company behind Paddy Power and Betfair, has released a statement concerning the ongoing review of the 2005 Gambling Act. In the statement, Proctor acknowledged that: “Gambling has gone through a technical transformation over the last 15 years, and the rules have not kept pace.” The main focus of Proctor’s statement concerned …