Tag Archives: Flutter

The board of Flutter Entertainment Plc has announced that Mary Turner has chosen to step down from all Non-Executive Director duties representing the FTSE100 gambling group. Turner’s resignation from all Flutter Committee and Corporate Governance duties will take effect on 30 September 2023. Flutter has announced that Nancy Cruickshank (NED) will assume the role of Chair of the Workforce Engagement …

Flutter Entertainment Plc begins a new corporate governance era as Chairman Gary McGann steps down from all directorship duties effective 31 August. As of 1 September, the board of the FTSE100 gambling group will be led by US executive John Bryant serving as Chair of the Flutter Board and Chair of the Nomination Committee.  Closing 2022, Flutter notified investors that …

Flutter Entertainment Plc has reached an “inflection point” for its business, as its US FanDuel division ‘achieves profitability’ to transform its group earnings performance and prospects.  Delivering on a core strategic target, Flutter published its Interim H1 2023 results registering group revenues of £4.8bn, up 42% on 2022 comparatives of £3.38bn. Period trading marked a strong momentum, with average monthly …

Spillemyndigheden, Denmark’s Gambling Authority, has issued three orders and a reprimand to Betfair International for violations of Denmark’s Anti-Money Laundering (AML) Act. The subsidiary of Flutter Entertainment is believed to have maintained inadequate risk assessment procedures (order A), insufficient business procedures for customer due diligence (order B), and improper internal controls (order C).  Following a review of Betfair’s Danish operations, …

Sporting Solutions has renewed its long-standing partnership with sports betting group Sky Bet – a key brand within Flutter’s UK and Ireland division.  This renewal aims to further demonstrate Sky Bet’s commitment to utilising the sports betting technology provider’s pricing and trading services, throughout 2024.  In detail, the operator will continue to benefit from Sporting Solutions’ comprehensive trading services and …

Flutter Entertainment has been announced as the headline partner of Cure Leukaemia’s flagship cycling event, The Tour 21. The agreement covers the 2023, 2024 and 2025 iterations of the £1m fundraising event, which sees a team of 20 amateur cyclists aiming to complete all 21 stages, over 3,000km, of the Tour de France. Kerry McNally, Flutter Head of Communities, noted: …

The Portuguese Online Betting and Gambling Association (APAJO) has announced Flutter Entertainment’s PokerStars as its newest affiliate member.  As one of the first brands launching in the Portuguese regulated market, PokerStars joins forces with other sportsbooks within the APAJO such as Betano, Betclic, Bwin, Casino Portugal, ESC Online and Solverde.pt. João Saraiva, Planning and Strategy Manager for Portugal at PokerStars, …

The newly formed Brazilian Institute for Responsible Gaming (IBJR) has announced a self-regulated code for betting advertising, titled the “Brazilian Code for Advertising Self-Regulation”, published in anticipation of the government concluding its federal framework to legalise sports betting.  The advertising code was announced as the first major initiative of the Trade Body that was officially formed on 9 May in …

Flutter Entertainment Plc reports on a very positive opening to 2023 trading, as corporate governance prepares the FTSE100 gambling group for its dual listing in the US to be executed by Q4 2023.  Headline Q1 trading results saw Flutter’s enlarged global brand portfolio service over 12.3m average monthly players (AMPs), as group revenues stood at £2.4bn up 46% on corresponding …

Flutter Entertainment has announced that it will unify its Italian gambling operations into the single ‘legal entity’ of Sisal Italia SPA.    The reorganisation will involve the merger of the Italian gambling group’s Superenalotto lottery business with the online gaming subsidiary of Sisal Entertainment. The merger is necessary for Flutter to streamline and strengthen its position within the Italian gambling market …