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Flutter

  • Paddy Power and Betfair owner Flutter in talks for £2bn Snaitech deal

    August 14, 2024

    Paddy Power and Betfair owner Flutter Entertainment is in talks to buy Italian gambling company Snaitech, the consumer division of Playtech, in a deal that could be valued at around £2bn. “Playtech confirms it is in discussions with Flutter and has granted Flutter a period of exclusivity to complete due diligence and finalise the necessary [...]

  • Flutter shares dip as firm completes US listing move

    May 31, 2024

    Following the news this morning, Flutter's share price on the London Stock Exchange dropped by 6.44 per cent by around 10am.

  • Flutter US rally continues as it moves HQ from London to New York

    May 14, 2024

    In May, shareholders voted to move Flutter's primary listing to the US, with boss Peter Jackson calling it a "natural home" for the group.

  • Flutter’s big bet on US’ FanDuel pays off but $1bn-plus charges hit bottom line

    March 26, 2024

    Gambling giant Flutter saw revenue jump almost 25 per cent in the last financial year, driven predominantly by significant growth in the US.

  • Flutter: London set for further blow as gambling giant heads for New York

    January 30, 2024

    FLUTTER said yesterday that New York would be its “natural home” in another blow to London’s bruised and battered stock exchange. 

  • Flutter: The house always wins but can Fanduel’s gold rush last?

    January 29, 2024

    Flutter’s secondary listing today has pleased investors but it will need to fight for its future amid a fiercely competitive US market.

  • High-scoring Cowboys-Seahawks game costs Flutter $80m but bookie extends revenue and market share

    January 18, 2024

    Flutter has said punters beat expectations in its fourth quarter but this was cushioned by stronger than expected margin growth.

  • Could Flutter’s US expansion rock its premium London stock listing?

    January 4, 2024

    Gaming giant Flutter is gearing up for a secondary listing on the New York Stock Exchange (NYSE) at the end of the month.

  • Flutter rides out Aussie slowdown in ‘challenging racing market’ as FanDuel keeps US punt going

    November 9, 2023

    Gambling giant Flutter said it has grown average monthly customers by 16 per cent, with a five per cent increase in the UK.

  • Flutter: Betfair and Paddy Power owner pays £123m for Serbian betting company

    September 27, 2023

    The owner of major betting companies such as Paddy Power and Betfair, Flutter Entertainment, has bought an initial 51 per cent stake in Serbian gambling operator MaxBet Kladionica. The Irish gambling giant shelled out €141m (£123m) for MaxBet with an option to acquire the remaining 49 per cent in 2029. Shares nudged up over one [...]

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