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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 with the betting app's owner, Flutter Entertainment.

Business • 07 Nov 22

Flutter Entertainment said the Covid-19 restrictions are impacting its retail business in Ireland and the UK

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 Entertainment merged with The Stars Group in 2019

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 Stars Group.

Business • 18 Dec 20

Flutter Entertainment owns the chain of Paddy Power bookies

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 outbreak of Covid-19.

Business • 27 Aug 20

The deal between the Paddy Power owner and the Poker Stars owner will create the world's largest online betting and gambling company by revenue

Flutter to complete Stars Group deal on May 5

Shares in betting firm Flutter Entertainment jumped in Dublin today after it said it expects to complete its acquisition of The Stars Group on May 5 following shareholder and regulatory approvals.

Business • 30 Apr 20

All of Flutter's retail operations in Ireland and the UK and have been suspended since March 16 and March 20 respectively

Flutter revenues down 32% since horse racing suspended

Flutter Entertainment said its revenues had been more resilient to coronavirus disruption than expected, with the US gaming market and continued Australian horse racing partly offsetting a global sports events shutdown.

Business • 17 Apr 20

Paddy Power owner Flutter gets UK approval for deal with The Stars Group

Flutter wins UK approval for The Star Group deal

Flutter Entertainment has received unconditional phase one clearance from the UK Competition and Markets Authority for its proposed deal with The Stars Group.

Business • 31 Mar 20

Paddy Power owner Flutter Entertainment has agreed new debt arrangements

Flutter to pay 2019 dividend in shares

Paddy Power Betfair parent Flutter Entertainment said it will pay its 2019 dividend in ordinary shares, shelve a pro-rated dividend in relation to its merger with The Stars Group and suspend the 2020 dividend for the combined group.

Business • 02 Sep 21

The owner of Paddy Power said its pre-tax profits fell by 38% to £136m in 2019 from £219m the previous year

Flutter Entertainment's pre-tax profits drop by 38%

Shares in Flutter Entertainment - the owner of Paddy Power - fell over 4% in Dublin trade after it reported a fall in pre-tax profits for 2019 due to tax and regulatory changes and investment costs in the US.

Business • 27 Feb 20

The Flutter Entertainment-Stars Group deal, announced in October, will create one of the world's largest online betting and gambling companies

Flutter gets Australian approval for Stars Group deal

Paddy Power owner Flutter Entertainment has confirmed that the Australian Competition and Consumer Commission has given informal approval for its proposed combination with The Stars Group.

Business • 18 Feb 20

Paddy Power owner reports 10% rise in Q3 revenues

The owner of Paddy Power, Flutter Entertainment, said its third quarter revenues grew by 10% with good growth across both its sports and gaming divisions.

Business • 07 Nov 19

Flutter Entertainment was formerly known as Paddy Power Betfair

Flutter Entertainment and Stars Group to merge

The owners of Paddy Power and Poker Stars have agreed to merge in an all-share deal to create one of the world's largest online betting and gambling companies.

Business • 02 Oct 19

Sky said it would receive £425m in cash, as well as shares worth around £145m, in exchange for its 20% stake in Sky Bet

Canada's Stars Group snaps up Sky Bet for $4.7 billion

Canadian gaming company The Stars Group said over the weekend that it had agreed to buy Sky Betting and Gaming from owners CVC Capital Partners and Sky in a deal worth $4.7 billion.

Business • 23 Apr 18

The Stars Group