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
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
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
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
Frictionless shopping launches in Ireland Ireland's first fully frictionless store is opening in Dublin today. Business • 15 Feb
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
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
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
Flutter appoints new CEO at US business FanDuel Flutter Entertainment has appointed Amy Howe as chief executive of its FanDuel business in the US after what it called an extensive selection process. Business • 04 Oct 21
Flutter settles Kentucky court ruling for $200m Flutter Entertainment has agreed to pay $200m to the Commonwealth of Kentucky in addition to $100m previously forfeited to settle an $870m judgement reinstated last … Business • 22 Sep 21
Flutter profits rise as player numbers increase Paddy Power owner Flutter Entertainment saw a jump in profits and revenue in the first half of the year, as average monthly players (AMP) increased … Business • 10 Aug 21
Flutter to sell Oddschecker for up to £155m The owner of bookmaker Paddy Power, Flutter Entertainment, is to sell a division of its online gambling business to Bruin Capital for up to £155m. Business • 12 Jul 21
Flutter says FanDuel CEO exit to delay unit's US IPO Flutter Entertainment said today that Matt King, the chief executive officer of its FanDuel business, will be leaving the company and the betting group warned … Business • 12 May 21
Flutter Q1 revenue rises by 33% as US expands rapidly Paddy Power, Betfair and Poker Stars owner Flutter Entertainment has posted a 33% year-on-year rise in first quarter revenues and said its market leading position … Business • 29 Apr 21
Grand National sets record for online sports betting The Grand National was Britain's biggest ever online sports betting event as shop closures due to the Covid-19 pandemic meant punters had to go online … Business • 13 Apr 21
Flutter Entertainment to defend position against Fox Betting group Flutter Entertainment, the owner of Paddy Power, Betfair and PokerStars, has said it will "vigorously defend its position" after Fox Corp filed a … Business • 07 Apr 21
Flutter considering small listing for US site FanDuel Betting group Flutter Entertainment, the owner of Paddy Power, Betfair and PokerStars, is considering listing a small shareholding of its U.S. FanDuel business. Business • 15 Mar 21
Flutter Entertainment's 2020 revenues soar on TSG deal Paddy Power owner Flutter Entertainment has reported a 106% increase in revenues for 2020 after what it called a "transformational year". Business • 02 Mar 21
Flutter hit with $870m Stars Group ruling by US court Paddy Power Betfair parent Flutter Entertainment has been hit with an $870m judgement by the Kentucky Supreme Court, which has reinstated a ruling against The … Business • 18 Dec 20
Flutter to buy 37% stake in FanDuel for $4.18 billion Paddy Power owner Flutter Entertainment has today agreed to buy the 37.2% stake in US-based FanDuel for $4.175 billion which is now owned by Fastball. Business • 03 Dec 20
Unilever merges Dutch & UK corporate arms this weekend Unilever's Dutch shares will trade in Amsterdam for the last time today, before a unification of its dual-headed structure that aims to put the consumer … Business • 27 Nov 20
Flutter to join Stoxx 50 as Unilever exits on HQ move Paddy Power owner Flutter Entertainment will replace Unilever in one of the euro area's main stock benchmarks, the result of a technical change brought about … Business • 26 Nov 20
Flutter ups full year earnings guidance on strong Q3 Paddy Power, Betfair and Poker Stars owner Flutter Entertainment has today upgraded its full-year earnings guidance after strong customer growth across all key regions boosted … Business • 11 Nov 20
Flutter's H1 revenues up but pre-tax profits sink 70% Paddy Power owner Flutter Entertainment has reported higher revenues for the six months to the end of June despite the "challenging" conditions created by the … Business • 27 Aug 20
Flutter raises over £812m in share placing Paddy Power Betfair parent Flutter Entertainment said it has raised £812.6m through a placing of over eight million shares. Business • 29 May 20