Tag Archives: Flutter

Flutter Entertainment Plc has cited confidence in delivering on its full-year 2021 financial expectations by continuing to establish its individual brands as outright leaders in each active marketplace. Publishing its Q1 trading update, the FTSE100 gambling group recorded double-digit growth across all core divisions, as its monthly average active customer base increases by 36% to 7.6 million (Q12019: 5.6m). Providing …

Flutter Entertainment is actively reviewing options to sell its Oddschecker business, as the FTSE100 firm focuses its core operations to strengthen its global sports betting and igaming units  This afternoon, Sky News reported that Flutter had recruited New York investment bank Moelis & Company to advise on the sale of Oddschecker – recognised as UK and Australian betting markets’ leading …

GambleAware has reported a bumper year in voluntary donations, totalling £19 million provided by UK licensed gambling businesses.  Publishing its summary of donations for the 12 months ending 31 March 2021, GambleAware secured a near £9 million increase in voluntary donations provided by UK operators – overall contributions for 2019/2020 reached £10.05 million. GambleAware attributed the significant rise in funding …

The Supreme Court of Kentucky has denied Flutter Entertainment Plc an appeal to rehear the litigation made by the state against its PokerStars subsidiary.    The FTSE100 firm’s request relates to the Kentucky Court of Appeals reversing its judgement on PokerStars owing the Commonwealth of Kentucky $870 million for unlicensed online poker wagers recorded between 2006-to-2011. In 2018, Kentucky judges ruled …

Playtech Plc has secured a further tier-1 operator contract extension, as Flutter Entertainment renews its lead igaming supplier services contract with the FTSE250 technology group.  Securing a new five-year contract, Playtech Plc will continue to serve as lead online gambling software and games supplier for Flutter’s Paddy Power, Betfair and Sky Casino brands. Flutter branded Playtech as a key strategic …

Flutter Entertainment has disclosed that it is weighing up options to list a ‘small shareholding’ of FanDuel on a US stock exchange as a means to accelerate its North American market profile. This weekend, the FTSE100 betting group released a statement detailing that it was evaluating its capital structure in order to help the company achieve its long-term growth objectives. …

Flutter Entertainment has this morning launched its new ‘Cash4Clubs’ campaign, donating £4.8 million to grassroots sports organisations across the UK struggling to survive the impact of the COVID-19 pandemic. The FTSE100 betting group has partnered with ‘Made by Sport’, a charity that champions local sports development as a vital community factor improving social mobility, circumstances and people’s lives. Flutter has …

Flutter Entertainment Plc has disclosed a number of boardroom-level changes, governing the FTSE100 gambling group.  Current Deputy-Chairman Divyesh Gadhia and long-term Non-Executive Director Peter Rigby have individually confirmed that they intend to retire from boardroom duties following Flutter’s annual general meeting scheduled for 29 April. The FTSE firm has secured forthcoming replacements, confirming that Holly Koeppel and Nancy Dubuc will …