Tag: Flutter
FanDuel Sportsbook inside Phoenix Suns arena will close, become lounge
The sun continues to set on a one-time sports betting industry big idea. The Phoenix Suns announced this week that FanDuel Sportsbook... more
FanDuel, Kalshi have discussed a deal: report
FanDuel has discussed a deal with the upstart trading exchange Kalshi that would include various betting efficiencies, Front Office Sports... more
Flutter to cut more than 200 jobs in Ireland and Britain
Paddy Power owner Flutter could cut more than 200 jobs in Ireland and Britain, as part of a wider strategy to bring its brands on to a... more
FanDuel user fee not likely to spread past Illinois, Jefferies analyst says
Flutter Entertainment has announced it will levy a US$0.50 surcharge, or “transaction fee,” on all bets placed online in the state of... more
Flutter-owned gambling firm PokerStars fined for ‘serious’ AML failings
Sweden’s gambling regulator has fined Flutter Entertainment’s PokerStars operator, TSG Interactive PLC, SEK 7 million ($734,000)... more
Flutter completes $350m acquisition of majority stake in Brazil’s NSX
Flutter Entertainment has completed its acquisition of a 56% stake in Brazil’s NSX Group for approximately $350m in cash. NSX operates... more
Flutter surmounts disappointing March Madness, NBA results
“I’ve continued to be really pleased,” Flutter Entertainment CEO Peter Jackson said at the start of a 7 May first-quarter earnings... more
Flutter swings from loss to profit in first quarter
FanDuel parent Flutter Entertainment has reported a profit of US$335 million in the first quarter of 2025. This reversed a US$117 million... more
Flutter completes acquisition of Italian omnichannel operator Snaitech
Flutter Entertainment on Wednesday completed the acquisition of Snaitech S.p.A., one of Italy’s leading omnichannel operators from a... more
EDITORIAL: Baltimore’s good bet against problem gambling
Concerned about the proliferation of online betting and the rise in problem gambling across Britain, the country’s government launched a... more