Tag Archives: Flutter

Tom Waterhouse: Brazil’s battle on localisation refreshes gambling’s M&A landscape

SBC News Tom Waterhouse: Brazil's battle on localisation refreshes gambling's M&A landscape

Renowned gambling investor and industry M&A strategist, Tom Waterhouse, believes that investor appetite will be replenished by the launch of Brazil’s forthcoming federal sports betting marketplace.   A speaker at the SBC Summit Rio, Watherhouse details innovation and effective localisation strategies as key dynamics valued by investors who are keen to see a domestic champions take on foreign giants, as Brazil …

Read More »

Flutter UKI on the lookout for startups to boost female gaming offering

SBC News Flutter UKI on the lookout for startups to boost female gaming offering

Flutter UKI has launched a search for a ‘high potential’ startup to help serve its female customer base across the UK and Ireland.  Part of the Alpha Hub programme, Flutter’s endeavour will see its flagship brands Sky Betting and Gaming, Paddy Power, and Betfair try to capitalise on recent data suggesting that female players are a promising demographic for long-term …

Read More »

Flutter to shift primary location from LSE to NYSE by end of 2024

SBC News Flutter to shift primary location from LSE to NYSE by end of 2024

Flutter Entertainment Plc will proceed with plans to make the New York Stock Exchange (NYSE) the primary location of its corporate shareholding. This morning, Flutter leadership rang the NYSE trading bell, beginning the firm’s dual-listing on the US exchange, as approved by investors. Flutter shares will be listed on the New York exchange under the ticker symbol FLUT, alongside the …

Read More »

Flutter NYSE listing sets a new benchmark for gambling PLC valuations

SBC News Flutter NYSE listing sets a new benchmark for gambling PLC valuations

The City expects Flutter’s NYSE listing to have an impact on the corporate valuation disciplines of gambling PLCs… But nothing can stop the industry’s M&A momentum. The frantic movements of gambling PLCs have dominated industry headlines in the early proceedings of 2024. On the European front, despite no regulatory resolutions being settled in the past year, gambling PLCs continue their …

Read More »

Flutter ends listing on Dublin Euronext 

flutter

As of this morning (24 January 2024), Flutter Entertainment Plc has declared that it has ceased trading of its ordinary shares on the Dublin Euronext Exchange. On Tuesday, 23 January, Flutter concluded its final day of trading on the Dublin Euronext, as the global gambling group prepares to list on the New York Stock Exchange (NYSE) on Monday, 29 January. …

Read More »

Flutter flexes US and UK muscles ahead of NYSE listing

Flutter Entertainment Peter Jackson

Flutter Entertainment Plc has consolidated its leadership positions in the UK and US markets ahead of its NYSE listing date on Monday 29 January. Publishing its pre-close trading statement for 2023 trading, the soon to be FTSE & NYSE gambling group reported Q4 revenue growth of 11% to £2.67bn. On a year-on-year basis, Flutter’s FY2023 revenues stand at £9.51bn, up …

Read More »

Flutter completes €141m investment in MaxBet

SBC News Flutter completes €141m investment in MaxBet

Flutter Entertainment has completed its €141m investment in MaxBet Kladionica to become the market leader in Serbia and advance its position within Balkan territories. The deal to acquire a 51% stake in Maxbet was first announced in September 2023, with Flutter securing exclusive rights to acquire the remaining share of the Serbian business. Branded a ‘local hero’ by Flutter, MaxBet …

Read More »

Flutter and its betting brands commit £8m to charity in 2023

SBC News Flutter and its betting brands commit £8m to charity in 2023

Flutter has revealed that its UK and Ireland division has contributed up to £8m in charitable initiatives this year. The news follows its three betting brands, Paddy Power, Sky Betting & Gaming (SBG) and Betfair, each forming new partnerships in recent weeks.  Meanwhile, a further £250,000 has been raised through fundraising events for its two Charities of the Year. The …

Read More »

Sian Carson to lead Sisal’s expansion in Italy and abroad as CPO

SBC News Sian Carson to lead Sisal’s expansion in Italy and abroad as CPO

Sian Carson has been appointed as the new Chief People Officer of Sisal, one of Flutter Entertainment’s international operator brands. Carson is set to lead the group’s human resources and organisational design division with the goal of strengthening its expansion process in Italy and abroad. The new hire said that she was ‘proud’ to join the firm, adding: “I am …

Read More »

Flutter showcases ‘the very best of horseracing’ in new ITV docuseries

SBC News Flutter showcases ‘the very best of horseracing’ in new ITV docuseries

Flutter UKI has partnered with ITV and other industry stakeholders to deliver a six-part docuseries on British horseracing. Set for a prime evening slot on ITV1 and ITVX next year, the series will focus on the forthcoming 2023-24 Jumps season, with production set to begin in December 2023. In detail, the production will tell the stories of ‘lives, journeys, and …

Read More »