Tag Archives: Junglee

India’s online gaming industry has been given another chance to challenge the decision by PM Modi’s cabinet to increase the Goods and Service Tax (GST) levy for the sector from 18% to 28%.  The country’s Supreme Court has now asked for further comments by the Indian government in response to a plea filed by a number of online gaming entities …

A map behind the desk of Dan Taylor, details the travels of the Chief Executive of Flutter Entertainment Plc’s International unit. So far in 2023, Taylor has “travelled to 29 countries in six months”, to oversee the progress and expansion of Flutter’s international division (which excludes its brands in the UK, Ireland, US and Australia). “I guess I could start …

Flutter Entertainment Plc has upgraded its full-year 2022 US revenue guidance to stand at $2.95bn-$3.2bn (£2.45bn–£2.65bn) as its FanDuel continues to outperform corporate expectations. Publishing its Q3 trading statement, Flutter achieved corporate revenues of £1.89bn up 31% on 2021 comparative results of £1.43bn – as the FTSE100 gambling group accounts for +9.5m active monthly players (AMPs) across its global brand …

Flutter Entertainment is highly confident of maintaining and securing leadership positions across several major markets, according to group CEO Peter Jackson in a recent earnings call.  The FTSE100 international betting and gaming firm published its H1 2022 trading update last week – revealing revenue growth of 11% to £3.38bn, albeit with losses of over £112m, including a 4% decline in …