Tag Archives: Flutter

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 …

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 …

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 …

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 …

In life, there are the certain outcomes of death and taxes, whilst for sportsbooks, there are media rights disputes and data fees. The rising costs of operating an online sportsbook have divided opinions across the sector regarding the necessity of exclusive media rights packages and the compounding expenses of data fees. At the SBC Summit Barcelona, a panel of sportsbook …

The management of Tombola, will proceed with a reorganisation as part of an ‘extensive operational review’ of the UK’s largest online bingo business. The staff of Tombola were informed last week of the decision, which as reported by the Financial Times, could impact up to 250 jobs  – “according to people briefed on the plans.” Meetings for affected staff have …

Playtech Plc has confirmed news reports that it has entered discussions to acquire SKSMalta, the operating firm of Italian bookmaker PlanetWin365. This afternoon, Sky News reported Playtech and FTSE counterpart Flutter Entertainment as suitors to acquire PlanetWin365 outright. Italy is recognised as a key growth marketplace for both companies that have established their presence in the country via M&A. In …

Flutter Entertainment has reinitiated its ‘Cash4Clubs’ commitment in support of amateur sports clubs and organisations across the UK.  Kicking-off the Cash4Clubs 2023 programme, Flutter has pledged to donate £200,000 to community clubs and charities over the rest of the year. Cash4Clubs will allow cash-strapped sporting organisations across the UK and Ireland to bid for direct grants of £2,000 a time …

Flutter Entertainment Plc will take a ‘podium place’ in Serbia having agreed to terms to acquire a 51% stake in MaxBet Kladionica for a cash consideration of €141m (£123m). Announced this morning, Flutter stated that its majority investment in MaxBet advances commercial prospects in the fast-growth Balkans region, in which its ‘International unit’ targets ‘Gold positions’ in the markets of …

Flutter has revealed that it has rebranded its PokerStars VR to Vegas Infinite as part of a ‘full-scale overhaul’ of the free-to-play social casino videogame. The virtual reality (VR) product – created by its PokerStars brand –  will now include a new and bespoke 3D virtual cityscape as players utilise Vegas Infinite’s personal player suites, luxury casinos and exclusive rooftops …