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Flutter Entertainment said today it expects full-year earnings, excluding the US market, to be at the bottom of its previously forecast range

Flutter Entertainment to delist from Euronext Dublin

Paddy Power owner Flutter Entertainment has decided to delist from Euronext Dublin, the Irish Stock Exchange, as it plans to add a New York listing …

Business • 09 Nov

Paddy Power to close 21 shops, with 78 workers affected

Paddy Power to close 21 bookie shops nationwide

Paddy Power is to close 21 of its betting shops around the country after a review of its operations.

Business • 04 Oct

Paddy Power owner Flutter Entertainment enters Serbian betting market

Flutter Entertainment buys 51% stake in Serbia's MaxBet

Flutter Entertainment has bought an initial 51% stake in MaxBet, Serbia's second biggest channel sports betting and gaming operator for €141m.

Business • 27 Sep

CRH shares to delist from Euronext Dublin on Monday

CRH shares cease trading on Euronext Dublin

Shares in building materials giant CRH ceased trading on the Irish Stock Exchange yesterday.

Business • 21 Sep

Flutter said FOX Bet contributed less than 3% to its revenue of £2.6 billion in the fast growing US market last year

Flutter, Fox to close betting platform FOX Bet

Online betting firm Flutter Entertainment and broadcaster Fox Corporation will close US sports betting platform FOX Bet, the companies said today.

Business • 31 Jul

Australians outspend the citizens of every other country on online gambling, a new report shows

Australia urged to ban online gambling ads

Australia should phase out advertising for online gambling in three years, a parliamentary committee of inquiry recommended today as it looked to limit the "havoc" …

Business • 28 Jun

Flutter's outgoing chairman Gary McGann, CEO Peter Jackson and John Bryant, its new chairman

Flutter's US revenue soars by 92% in first quarter

Flutter grew its revenue by 29% on a pro-forma basis in the first quarter, driven by a near doubling in its fast growing US unit …

Business • 03 May

The proposals include the introduction of online stake limits between £2 and £15 while also forcing gambling firms to step up affordability checks on their customers

UK sets out tougher gambling rules for smartphone era

The British government has announced long-awaited proposals to crack down on problem gambling, aiming to bring regulations up to date with the rise in gambling …

Business • 27 Apr

Gary McGann, outgoing Chairman, Peter Jackson, CEO and John Bryant, incoming Chairman of Flutter

Flutter committed to Ireland despite US listing plan

Flutter remains committed to being run from Ireland, despite receiving the go-ahead from shareholders to pursue an additional US stock exchange listing, its outgoing Chairman …

Business • 27 Apr

Paddy Power parent Flutter Entertainment has posted a 27% increase in group revenue to £7.693 billion

Flutter's 2022 results boosted by acquisitions

Flutter Entertainment has today reported full-year core profit at the lower end of its forecast range, sending shares in the world's largest online betting company …

Business • 02 Mar

Flutter's US business, FanDuel, is the leading operator in the US with over 40% market share

Flutter to start consultation on additional US listing

World's top online betting firm Flutter Entertainment has said it would start consulting shareholders for a US listing.

Business • 14 Feb

Fanduel has a 42% share of the sports betting market in the US, which has taken off after a ban was lifted there in 2018

Flutter sees five-fold jump in Fanduel revenue

Flutter Entertainment sees revenue at its rapidly growing and market leading US Fanduel business jumping by 4.5 to 5-times to around $15 billion over the …

Business • 17 Nov 22

Flutter's FanDuel unit remains the number one operator in the US

Flutter Entertainment upgrades US revenue guidance

Paddy Power owner Flutter Entertainment has today upgraded full-year revenue guidance for its fast-growing US business.

Business • 09 Nov 22

The New York-based Judicial Arbitration and Mediation Services tribunal ruled that Fox would pay $3.7 billion for its right to acquire an 18.6% stake of FanDuel

Fox must pay full price for FanDuel stake - arbitrator

An arbitrator has reaffirmed Fox Corp has 10 years to exercise its option to acquire a nearly one-fifth stake in FanDuel, settling a longstanding dispute …

Business • 07 Nov 22

Sportsbe is Australia's largest online betting house and is operated by Flutter Entertainment

Australian regulator orders audit of Sportsbet, Bet365

Australia's financial crime watchdog today ordered an audit of Sportsbet, the country's largest online betting house operated by Flutter Entertainment, and British gambling firm Bet365 …

Business • 03 Nov 22

Paddy Power and Betfair owner Flutter Entertainment said its adjusted revenues for the six months rose by 9%

Flutter full-year earnings forecast sends shares higher

Paddy Power owner Flutter Entertainment has posted a 20% fall in first-half earnings but expects to finish the year ahead of 2021 excluding an expected …

Business • 12 Aug 22

Flutter Entertainment completes deal for Italy's Sisal

Flutter Entertainment said today it had competed the deal for Italian online gaming operator Sisal.

Business • 05 Aug 22

Revenue at Flutter's Irish shops fell by 24% in the first quarter of 2022 compared to 2019 levels

Flutter not seeing impact from rising cost of living

Paddy Power owner Flutter Entertainment said its first quarter revenue grew by 6% as its average monthly players rose by 15% and it saw strong …

Business • 04 May 22

Flutter Entertainment - which owns Paddy Power - held its AGM in Dublin today

Flutter chairman defends pay rises for company bosses

The chairman of Paddy Power owner, Flutter Entertainment, has defended the company's remuneration policy for top executives, after a bloc of shareholders registered unhappiness at …

Business • 28 Apr 22

The Paddy Power owner said its group revenue for the year rose 15% to £6.036 billion from £5.264 billion in 2020

Flutter shares dive as lockdown gambling boom ends

Flutter Entertainment today posted an 11% fall in 2021 earnings as easing Covid-19 lockdowns lowered demand, sending shares in the world's largest online betting firm …

Business • 01 Mar 22

Flutter is aiming to get 75% of active online customers to use at least one of its safer gambling tools by 2030

Flutter to tie bonuses to tackling gambling addiction

Paddy Power, Betfair and Fanduel owner Flutter Entertainment will tie 10% of annual bonuses for its staff to initiatives aimed at helping prevent gambling addiction, …

Business • 28 Feb 22

Dozens of cameras in the ceiling use vision technology to monitor every product chosen by shoppers.

Frictionless shopping launches in Ireland

Ireland's first fully frictionless store is opening in Dublin today.

Business • 15 Feb 22

Francesco Durante, Sisal's chief executive

Flutter buys Italy's Sisal for €1.9 billion

Paddy Power owner Flutter Entertainment has announced a deal to buy Italy's Sisal from CVC Capital Partners Fund for €1.913 billion as it looks to …

Business • 23 Dec 21

Tombola has about 400,000 average monthly players and over 700 employees

Flutter buys UK bingo operator Tombola for £402m

Paddy Power owner Flutter Entertainment has announced a deal to buy Tombola, a UK online bingo operator, for an enterprise value of £402m.

Business • 18 Nov 21

Paddy Power owner Flutter Entertainment said its revenues rose by 12% to £1.439 billion from £1.325 billion

Flutter cuts guidance on unfavourable sports results

Paddy Power, Betfair and Fanduel owner Flutter Entertainment has today cut its full year profit guidance, sending its shares sharply lower after gamblers enjoyed a …

Business • 02 Nov 21