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Business
July 8, 2024
Penn Entertainment Shares Soar as Flutter Weighs In on Potential Acquisition
Flutter Entertainment is said to be considering the purchase of interactive assets from Penn Entertainment in a notable move for the gaming industry. Flutter could team up with Boyd Gaming, which has also expressed interest in buying Penn. Penn Entertainment Shares Rise as Flutter Weighs in on Potential Acquisition Following this news, shares of Penn […]
Business
July 2, 2024
Flutter Bolsters Leadership with Two New Non-Executive Directors
Flutter Entertainment announced that its Board of Directors had appointed Robert R. Bennett (“Dob”) and Christine M. McCarthy as non-executive directors, effective immediately. Bennett will join the Risk and Sustainability Committee, while McCarthy will be part of the Audit Committee. These appointments align with Flutter’s recent drive to bolster its leadership core. The Company Gains […]
Business
June 19, 2024
Flutter Adds Ex-Spotify Exec to Team, Names Soccer Legend as Betfair Ambassador
Flutter Entertainment has designated the experienced Mark Shaw as its new director of global payments strategy. A former Spotify executive, Shaw brings years of corporate experience to the team. Spotify isn’t the only noteworthy company Flutter’s new director has worked for. His impressive track record also includes stints with TSB Bank, Visa Europe and Vocalink. […]
Business
June 4, 2024
Flutter Recognized in TIME’s 100 Most Influential Companies 2024 List
Flutter Entertainment, the global gaming and betting giant, was the only gambling operator to make it to the TIME100 Most Influential Companies 2024 list. The leading betting and gaming operator was recognized in the Pioneers category together with companies such as OpenAI, Epic Games, Transcripta Bio and World Central Kitchen, among others. Securing a place […]
Business
May 31, 2024
Flutter Shifts Primary Listing to NYSE, Promotes New CFO
In a significant strategic move, Flutter Entertainment, the world’s largest online betting company and owner of FanDuel, has officially transferred its primary listing to the New York Stock Exchange (NYSE). Flutter also announced the appointment of Rob Coldrake as CFO, marking a pivotal moment in the company’s evolution as it heightens its focus on the […]
Business
May 29, 2024
Analyst Keeps Positive Outlook on FanDuel Parent Company Flutter
A wide range of factors can impact the performance of gaming and betting operators, especially across the United States. While increased promotional spending may boost the operators’ expenses, much-anticipated sports events can increase revenue and enable betting operators to engage with new customers. Earlier this month, Flutter Entertainment, the leading betting and iGaming operator with […]
Business
May 14, 2024
Flutter Reports $375M Comprehensive Net Loss in Q1, 16% Revenue Growth
The leading online sports betting and iGaming operator with a versatile portfolio of brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, and MaxBet, Flutter Entertainment plc, has published its Q1 2024 financial report. The industry leader, which recorded $11,790 million of revenue globally for fiscal year 2023, and $3,397 million of revenue […]
Business
May 2, 2024
Flutter Shareholders Approve Shift to New York Stock Exchange
In another setback for London’s financial market, Flutter Entertainment, the parent company of Paddy Power, has received overwhelming support from its shareholders to shift its primary stock exchange listing to New York. The decision, made at the company’s annual general meeting, reflects a significant move for the gambling giant, which expects the transition to be […]
Business
April 17, 2024
Flutter Promotes a Paddy Power Online Sports Director from Within
Global sports betting, gaming and entertainment provider Flutter has promoted from within, naming the experienced Andy Branigan as the new sports director of its Paddy Power Online brand. In this position, the appointee will be responsible for the sports operations of the company’s Irish online betting arm. Branigan is no stranger to Flutter’s business and […]
Business
April 10, 2024
FanDuel Promotes Andrew Gradwell to SVP of Product
FanDuel has reinforced its senior leadership team with a new internal promotion, naming the experienced Andrew Gradwell as its new senior vice president of product. In this position, he will be tasked with leveraging his expertise to oversee the company’s products. Gradwell is no stranger to FanDuel. He joined the company back in December 2020, […]
