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Business
December 22, 2023
Flutter Entertainment Shares Up 5% as Analysts Remain Optimistic
Renowned betting and gaming operator Flutter Entertainment experienced a significant surge in its share value. Despite increased competition, the company’s FanDuel brand has maintained its leadership position in the USA, and its overseas investments also pay significant dividends. This development aligns with Flutter’s plans to enter the New York Stock Exchange after it stops trading […]
Industry
December 8, 2023
Flutter Entertainment, Ready to Exit Dublin Stock Exchange
Earlier in the week, the leading online sports betting and gaming company that operates some of the most innovative, versatile, and easily distinguishable brands, Flutter Entertainment, announced that its UK and Ireland division had committed up to £8 million ($10 million) to charitable initiatives in 2023. The gambling conglomerate also took the opportunity to announce […]
Business
December 7, 2023
Flutter CEO Discusses FanDuel’s Growth and Plans for the US Market
FanDuel has attained a significant market share in the US, successfully branching out from its Daily Fantasy Sports (DFS) origins to become one of the leading players on the sports betting scene. However, rising competition from rivals like DraftKings and ESPN Bet means the operator must maintain its efforts to remain competitive and attract customers […]
Business
November 10, 2023
Flutter Entertainment to Delist from Euronext Dublin, Eyes New York Listing in Q1 2024
Flutter Entertainment, the parent company of FanDuel, has decided to delist from Euronext Dublin, Ireland’s stock exchange, as part of its strategy to add a New York listing in the first quarter of 2024. The move comes amid regulatory considerations and technical challenges in maintaining the company’s Dublin listing. Europe Remains a Challenging Regulatory Environment […]
Business
November 9, 2023
Flutter’s Q3 Growth Unhindered by Revenue Dip in Australia
The global gaming, sports betting and entertainment provider, Flutter Entertainment plc, released its latest trading update, covering the three months ended September 30, 2023. Released Thursday, the new unaudited results reveal that the company’s total revenue in Q3 this year hit £2.04 billion ($2.5 billion). A comparison to the £1.89 billion ($2.32 billion) result from […]
Business
October 23, 2023
Sisal Selects Sian Carson for Chief People Officer
Sisal, the leading online gambling operator that is a part of Flutter Entertainment, announced an important C-suite appointment. The company revealed on Friday that it selected the seasoned expert with significant organizational and HR experience, Sian Carson, for the role of chief people officer. Joining Sisal’s C-suite, she is expected to oversee strategic processes related […]
Industry
September 29, 2023
Playtech, Flutter, and Lottomatica Explore Acquisition of SKS365
SKS365 Malta Holdings has officially engaged in dialogue with Playtech as the major player in the global iGaming industry confirmed its interest in pursuing an acquisition. A successful deal would significantly strengthen Playtech’s presence in the lucrative Italian iGaming market, but interest from competitors Flutter Entertainment and Lottomatica may mean a harsh negotiation process. Playtech […]
Business
September 27, 2023
Flutter Agrees to Acquire 51% Stake in MaxBet via $149M Deal
Global betting and gaming company, Flutter Entertainment, announced a major Balkan-facing acquisition. On Wednesday this week, the company revealed it acquired a 51% stake in the omni-channel sports betting and gaming operator with a strong presence in Serbia, MaxBet. The acquisition is subject to relevant regulatory clearances and has a cash consideration of €141 million […]
Poker
September 11, 2023
Flutter Steps Up the Game, Rebrands PokerStars VR as Vegas Infinite
Flutter Entertainment announced the rebranding of PokerStars VR as Vegas Infinite. The move is part of a full-scale overhaul of the free-to-play social casino, the company explained. Vegas Infinite represents the next generation in Poker Stars VR’s evolution as a virtual entertainment destination. The rebranded game will continue to build on the success of its […]
Business
September 8, 2023
Flutter Entertainment Parts Ways with NED Mary Turner
Gambling giant Flutter Entertainment announced that it is parting ways with Mary Turner, one of its non-executive directors. According to the announcement, the Canadian national will officially leave the board at the end of September, ending a three-year tenure. In addition to departing from her position as a NED, Turner will also resign as chair […]
