Tag Archives: Flutter Entertainment

Sky Bet: London competition poses threat to Yorkshire vacancies

SBC News Sky Bet: London competition poses threat to Yorkshire vacancies

Sky Betting and Gaming has revealed that it has more than 300 vacancies available as it prepares to open its new headquarters in Leeds, West Yorkshire, in September. Speaking to the Yorkshire Post, Conor Grant, CEO of Flutter Entertainment’s UK and Ireland divisions, informed the outlet about the multiple vacancies available at Sky Bet, recognised as Yorkshire’s top tech and …

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Flutter chiefs swap boardroom for Paddy Power retail counters

SBC News Flutter chiefs swap boardroom for Paddy Power retail counters

Flutter Entertainment placed its top-ranking UK and IRE officers Ian Proctor (Chairman) and Conor Grant (CEO) at the coalface of Euro 2020 trading, as the executives spent Tuesday working on the floor of a Paddy Power betting shop. Supporting retail colleagues during a busy day featuring the final Euro 2020 Group-D matches of England vs Czech Rep and Scotland vs …

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BGC members commit ‘vital funds’ to charities from Britannia Stakes profits

SBC News BGC members commit ‘vital funds’ to charities from Britannia Stakes profits

A group of Betting and Gaming Council (BGC) members have committed to donate all-profits from the Britannia Stakes, giving a ‘major’ financial boost to a selection of charities. Participating BGC members include bet365, BetVictor, Betway, Entain (Ladbrokes, Coral), Flutter Entertainment (Paddy Power, Betfair, Sky Bet), William Hill, Kindred (Unibet), Rank Group (Grosvenor Sport), the Tote and Fitzdares. “I am absolutely …

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Matt King announces FanDuel departure ahead of US listing

SBC News Matt King announces FanDuel departure ahead of US listing

Matt King, the CEO of Flutter Entertainment‘s FanDuel brand, has announced his intention to end his tenure as leader of the FTSE100 firm’s flagship US wagering unit.  King’s decision comes as Flutter continues to assess the possibility of listing a ‘small stake’ of FanDuel in the US, and the operator has acknowledged that the CEO’s departure ‘will affect the timing’ …

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Flutter restructures board duties as critical US options dawn

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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 …

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Paddy Power reopens English and Welsh betting shops

SBC News Paddy Power reopens English and Welsh betting shops

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 …

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Fox challenges Flutter on FanDuel’s ‘fair market pricing’

SBC News Fox challenges Flutter on FanDuel’s ‘fair market pricing’

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 …

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bet365 heads betslip leaderboard in Oddschecker Cheltenham report

SBC News bet365 heads betslip leaderboard in Oddschecker Cheltenham report

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 …

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RMG passes the winning post with Cheltenham streaming record

RMG passes the winning post with Cheltenham streaming record

Last week’s Cheltenham Festival recorded a huge uptake in the number of viewers streaming the event, with the Racecourse Media Group (RMG) reporting the highest figure in British and Irish horse racing history. Utilising the services of real-time streaming technology platform Phenix, RMG secured up to 500,000 streams on individual races, representing a year-on-year growth rate of 60% across the …

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Adjarabet adds extension to Singular software partnership

Adjarabet adds extension to Singular software partnership

Adjarabet, a subsidiary of Flutter Entertainment, has extended a five-year extension to its software agreement with Singular.  Through the partnership, Singular will continue to serve as the lead iGaming and sports betting platform supplier for Adjarabet in Georgia. “The partnership with Adjarabet is one of our strongest and longest relationships that translates into a strategic synergy going beyond the technology …

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