Tag Archives: The Stars Group

Flutter calls on start-ups to enhance retail offering

Flutter Entertainment plans to enhance  Paddy Power’s retail offering via its Alpha Hub ‘global innovation community’, calling on emerging tech start-ups to participate.  The group, which operates 625 betting shops across the UK and Ireland, is looking for firms with ‘tenacious ideas’ focused around data and analytics, the in-store experience and the future of self-service terminals.  Interested companies will also …

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Flutter board reshuffle sees Keller Koeppel and Lazzarato assume Chair positions

Flutter Entertainment has announced three changes to its boardroom, with Holly Keller Koeppel, Carolan Lennon and David Lazzarato all taking on roles at the FTSE 100 firm. Following the company’s AGM, Flutter confirmed that Michael Cawley had stepped down as Non-Executive Director and Chair of the Audit Committee, whilst Zillah Byng-Thorne has vacated the role as Chair of the Risk …

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PokerStars bolsters sports marketing via Red Bull Racing linkup

Flutter Entertainment’s igaming brand PokerStars has strengthened its sports-oriented brand recognition by partnering with Red Bull Racing. The collaboration has been initiated ahead of the 2022 Formula One season, and will see the PokerStars’ logo featured on Red Bull Racing’s RB18 racecar and on the team’s race suits. Additionally, the duo have detailed a joint ambition of expanding their respective …

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Former William Hill Online MD appointed Chairman of rebranded Voxbet

Voxbet, the betting software developer formerly branded as Onionsack, has hired former William Hill Online Managing Director Andrew Lee as its new Chairman. As Chairman, Lee will be tasked with overseeing Voxbet’s strategy to expand its scope and global presence across the betting and gaming industry, with the firm’s primary product being natural-language wagering software which allows customers to type …

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Singular to sign 100% of shares over to Flutter as new journey begins

B2B igaming software developer Singular has confirmed that 100% of its shares will be transferred to Flutter Entertainment, completing its acquisition by the FTSE100 gambling giant. Singular will become a technology asset of Flutter,  helping power its tier-1 brand portfolio of Paddy Power, Betfair, Sky Bet and The Stars Group, and further represents the expansion of the gambling group’s operations …

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Flutter considers ‘matter closed’ as $300m paid to Kentucky

Flutter Entertainment has paid $300 million to the Commonwealth of Kentucky to fully settle its legal dispute with the state concerning The Stars Group.  The Dublin-based gambling group has paid $200 million to the state, on top of a $100 million previously handed over to the state relating to a superseded bond in the case. A statement from Flutter read: …

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Flutter takes £870m Kentucky ruling to US Supreme Court

Flutter Entertainment has taken its legal contest with the Commonwealth of Kentucky regarding a $870 million ruling against the firm to the US Supreme Court. Describing the ruling as having caused ‘monstrous damages’ against its commercial operations, the FTSE100 company has questioned whether “an award of statutory damages violates due process when it exceeds by a factor of more than …

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Sky Bet: London competition poses threat to Yorkshire vacancies

Sky Betting and Gaming has revealed that it has more than 300 vacancies available as it prepares to open its new headquarters in Leeds, West Yorkshire, in September. Speaking to the Yorkshire Post, Conor Grant, CEO of Flutter Entertainment’s UK and Ireland divisions, informed the outlet about the multiple vacancies available at Sky Bet, recognised as Yorkshire’s top tech and …

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Fox challenges Flutter on FanDuel’s ‘fair market pricing’

Fox Corporation has launched legal proceedings against Flutter Entertainment in relation to the former exercising its option to acquire an 18.6% stake in the FanDuel sportsbook. Flutter has argued that Fox must conduct the transaction at a ‘fair market price’, whilst the American multimedia corporation maintains that it should pay the same amount Flutter paid in December 2020. Through its …

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Flutter to appeal Kentucky Court’s $870m TSG ruling

Flutter Entertainment is expected to appeal a $870 million ruling made by the Kentucky Supreme Court, having argued that the litigation ran contrary to modern US legal precedent. The case, which was reversed in late 2018, was initially filed by the Commonwealth of Kentucky in 2010, approximately four years prior to The Stars Group’s (TSG) acquisition of the PokerStars business.  …

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