“I’m delighted to report a strong set of results for the quarter,” began Flutter Entertainment CEO Peter Jackson, kicking off Thursday’s earnings call. “Our performance in Q2 positions us strongly to deliver on our objectives.”
Jackson said he was nonplussed by Illinois’s new handle tax, against which FanDuel is incepting a bet surcharge beginning September 1. He added, “We’re confident that Illinois is an outlier… We’re seriously disappointed that this tax came into play.”
Jackson opined that the handle tax was good neither for customers nor the integrity of sports. Asked if the FanDuel surcharge might spread to other states, he replied, “We don’t expect this to happen anywhere else.”
