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Business
April 10, 2025
Regulators Greenlight Flutter’s Takeover of Snaitech
Flutter Entertainment, a company describing itself as the world’s leading online sports betting and iGaming operator, announced that its acquisition of Snaitech (Snai), one of Italy’s leading omni-channel operators, has secured the necessary regulatory approvals to proceed. The Takeover Can Move Forward Flutter elaborated that its takeover of Snai has received all necessary antitrust, gaming […]
Business
March 25, 2025
Flutter Changes Reporting from 2025, Recasts Financials for 2021-2024
Online gaming and sports betting powerhouse Flutter Entertainment has revealed upcoming changes to its reporting. Set to take effect from the company’s upcoming quarterly report, the changes will see its reports split into two segments. Flutter Will Change Its Reporting Flutter Entertainment announced that its new approach will see it report the financials of its […]
Lottery
March 18, 2025
Flutter’s Sisal Challenges IGT for Italy’s Lotto License
In line with an earlier announcement, Flutter Group’s Sisal has joined the race for Italy’s oldest lottery license and is set to compete with international gaming powerhouse IGT. The latter company has held the license for a while and is unlikely to give it up easily. Sisal’s Bid Is Backed by Scientific Games The deadline […]
Business
March 6, 2025
Flutter Leaders Discuss the Company’s Q4 Results and 2025 Prospects
Flutter Entertainment’s recent earnings call highlighted the company’s optimism about its business and long-term potential. CEO Peter Jackson and CFO Rob Coldrake were happy with the performance and looking forward to continued success in 2025. CFO Coldrake Says Flutter Is “Quite Sanguine” about Its Margins The call, which took place on March 4, saw the […]
Business
March 5, 2025
Flutter Entertainment Reports Strong Q4 2024 Performance, Signals Bullish 2025 Outlook
Flutter Entertainment enjoyed a robust fourth-quarter 2024 performance, exceeding expectations with better-than-expected earnings and a confident outlook for 2025. The global gaming giant maintained momentum, supported by stable revenue growth in its key markets, an expanding player base, and strategic acquisitions. Overall Results Remain Consistent Flutter recorded a 14% year-on-year revenue increase, reaching $3.79 billion […]
Legal
February 3, 2025
Flutter and Aviator LLC Settle Copyright Claim, End Legal Hostilities
Gaming giant Flutter Entertainment has reached a settlement in its legal battle against Aviator LLC, a Georgia-based business. Aviator, for context, had initiated legal proceedings against both Flutter and Spribe, arguing that the offering of the Aviator crash game has infringed on its trademark. Aviator Is a Popular Name in Gaming The Aviator game is […]
Legal
January 24, 2025
High Court Says Sky Betting Illegally Processed Customer Data
A High Court judge has ruled that Sky Betting & Gaming (SBG) unlawfully processed a customer’s personal data to deliver targeted marketing materials over a historical period. Justice Rowena Collins Rice delivered her decision on January 23, concluding that the customer, referred to as “RTM,” had not given valid consent for using his data in […]
Industry
January 21, 2025
Flutter Considers Bid for Italy’s Oldest Lottery License
Flutter Entertainment is reportedly considering challenging IGT for Italy’s main lottery license. According to sources, Flutter might join forces with another competitor if it truly wants to dispute IGT’s reign. The Irish Giant Seeks Further Opportunities Sources told The Irish Times that Flutter, which is owned by the Irish gambling company Paddy Power, might join […]
Business
January 8, 2025
Flutter Revises Revenue Forecast Due to Poor NFL Betting Results
Shares of Flutter Entertainment saw a dip of nearly 2% in after-hours trading on Tuesday after the company lowered its revenue and earnings guidance for 2024, citing unexpectedly poor results in NFL betting. The Most Customer-Friendly NFL Season in 20 Years The company now expects its 2024 revenue to reach $5.78 billion, down from the […]
Business
December 12, 2024
Analysts Optimistic Regarding Flutter’s Prospects Despite Market Headwinds
Flutter Entertainment, the parent company of FanDuel, continues to enjoy optimistic projections among analysts, with recent evaluations highlighting its strong market position and robust growth potential. Macquarie and Deutsche Bank analysts continue to be confident in Flutter’s long-term prospects despite a challenging market environment, citing its consistent performance in key markets. Experts Largely Agree in […]
