Tag Archives: Flutter

Flutter calls upon Gronk to announce first Cash4Clubs grant of 2025

SBC News Flutter calls upon Gronk to announce first Cash4Clubs grant of 2025

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 …

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Flutter and FanDuel open $250k LA fires charity fund

SBC News Flutter and FanDuel open $250k LA fires charity fund

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 …

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Entain: 2024 targets to withstand unfavourable US sports results

SBC News Entain: 2024 targets to withstand unfavourable US sports results

Entain Plc stands by its full-year guidance for 2024 as the FTSE 100 gambling group monitors the financial updates of competitors. This morning, Entain reiterated its confidence in achieving the upgraded guidance issued on 17 October, targeting group-wide EBITDA at the top range of £1,040m-£1,090m. The update follows last week’s announcement by rival Flutter Entertainment, which cut its annual revenue …

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Flutter cuts 2024 guidance stung by unfavourable NFL results.

SBC News Flutter cuts 2024 guidance stung by unfavourable NFL results.

Flutter Entertainment’s end-of-year trading has been offset by a period of “very unfavourable US sports results”, prompting management to revise its guidance for group and FanDuel segments. This morning, the NYSE/LSE gambling group issued a brief notice stating that it had felt the impact of US customers cashing in NFL parlays during November and December. As detailed: “The 2024/2025 NFL …

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Flutter promotes Kevin Harrington to UKI CEO under new International unit

SBC News Flutter promotes Kevin Harrington to UKI CEO under new International unit

Flutter Entertainment has appointed a new Chief Executive for its UK & Ireland business and reorganised the scope and remit of its International unit following recent M&A expansions. This afternoon, the NYSE- and LSE-listed gambling group unveiled a new leadership structure to bolster its global growth ambitions, introducing a new ‘International Division’ as part of a streamlined two-division organisational model. …

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Flutter to close 2024 on “Bets launch and Netflix”

SBC News Flutter to close 2024 on “Bets launch and Netflix”

Flutter Entertainment has deemed Q3 trading as exceptional. Delivering market updates; the firm’s CEO Peter Jackson and CFO Rob Coldrake provided a closer examination of key developments across core markets for Q4 and beyond. UK growth can never be underestimated The UK continues on a period of regulatory transformation, however, whilst there was turbulence for many, Flutter was immensely pleased with the success of …

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Flutter elevates International guidance ahead of Brazil and Italia expansions

SBC News Flutter elevates International guidance ahead of Brazil and Italia expansions

Flutter Entertainment has raised its 2024 guidance by 1%, despite notifying markets of unfavourable Q4 sports results impacting its US FanDuel business. The NYSE-LSE gambling group published its Q3 accounts, describing it as an ‘excellent period’ in which Flutter brands achieved a 16% increase in Average Monthly Players (AMPs) to 12.9m and corporate revenues of $3.2bn—up 27% from 2023 comparatives …

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SBC Media to delve into the key issues impacting responsible gaming

SBC News SBC Media to delve into the key issues impacting responsible gaming

The SBC Digital – Player Protection online conference, presented in partnership with Vixio Regulatory Intelligence takes place this Wednesday, November 13, and sees a lineup of experts tackle the key topics surrounding the player protection space. Taking place before Safer Gambling Week 2024, SBC Digital – Player Protection kicks off at 9AM GMT with a special presentation from lead sponsors …

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Flutter CEO urges Labour to streamline gambling above taxes

SBC News Flutter CEO urges Labour to streamline gambling above taxes

Peter Jackson, CEO of Flutter Entertainment Plc has warned the UK government that increasing taxes on online gambling  will harm smaller operators and push consumers toward the black market. In an interview with the Financial Times, Jackson emphasised that higher taxes, which many states are considering, will inevitably lead to rising costs and a growing black market. Jackson participated in …

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Playtech H1 resolutions to turbocharge new Americas Drive

SBC News Playtech H1 resolutions to turbocharge new Americas Drive

Playtech Plc has guaranteed investors that it will achieve its full-year 2024 commercial objectives due to positive H1 results and business outcomes. H1 trading saw the LSE gambling group achieve corporate revenues of £906m, up 5% from the 2023 comparatives of £859m, as the period trading reflected ‘the strong execution of its B2B business’. Headline growth saw Playtech report an …

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