Welcome to our dedicated page for Fluttr Entrtnmnt news (Ticker: FLUT), a resource for investors and traders seeking the latest updates and insights on Fluttr Entrtnmnt stock.
Flutter Entertainment (FLUT) is a global leader in online sports betting and iGaming, operating renowned brands across 100+ jurisdictions. This page provides centralized access to official press releases and verified news about corporate milestones, regulatory developments, and market strategies.
Investors and industry professionals will find timely updates on earnings reports, strategic partnerships, product launches, and operational expansions. Our curated feed ensures comprehensive coverage of FLUT's initiatives in digital gaming innovation and responsible betting practices.
Key content categories include quarterly financial disclosures, technology advancements through the Flutter Edge platform, market entry announcements, and leadership updates. Bookmark this page for direct access to primary sources about FLUT's global operations in the United States, United Kingdom, Australia, and other key markets.
Flutter Entertainment has completed its acquisition of Snaitech (Snai), a leading Italian gaming operator, for €2.3 billion. This strategic move positions Flutter as a dominant player in Italy's regulated market, increasing its online market share to approximately 30%.
The acquisition, integrated into Flutter's Southern Europe & Africa division, aims to leverage Snai's strong retail presence and brand recognition in Italy's gaming sector. Flutter expects to achieve operating cost synergies of €70m within three years, plus €10m in capex synergies.
To fund the acquisition, Flutter secured a €2.5 billion senior secured first lien term loan facility, maturing April 29, 2026, with two 6-month extension options. The loan bears interest at EURIBOR plus 1.25% margin. The company plans to use this facility for acquisition costs, debt refinancing, and general corporate purposes.
Flutter Entertainment, a leading online sports betting and iGaming operator listed on the NYSE (FLUT) and LSE (FLTR), has announced an upcoming fireside chat featuring key executives.
The event will showcase:
- CEO Peter Jackson and CFO Rob Coldrake participating in a discussion
- Hosted by Barclays
- Scheduled for May 8, 2025 at 1 p.m. EDT (6 p.m. BST)
Interested parties can register for the live stream through Flutter's investor relations website at www.flutter.com/investors. For those unable to attend the live session, a replay of the webcast will be made available after the event.
Flutter Entertainment (NYSE:FLUT, LSE:FLTR), a leading online sports betting and iGaming operator, has scheduled its first quarter 2025 financial results announcement for May 7, 2025, after market close at 4:05 p.m. EDT (9:05 p.m. BST).
Key Details:
- Earnings materials will be available on www.flutter.com investor section
- Management conference call scheduled for 4:30 p.m. EDT (9:30 p.m. BST)
- Public audio webcast available with registration
- Replay access provided approximately one hour after call conclusion
Conference Call Access Numbers:
- North America: +1 888 500 3691
- United Kingdom: +44 800 358 0970
- Ireland: +353 1800 943926
- Australia: +61 1800 519 630
- International: +1 646 307 1951
Participants should dial in 10 minutes before the call using conference ID 20251.
FanDuel (NYSE: FLUT) has launched FanDuel Casino Jackpots, a new progressive jackpot system, across three states: New Jersey, Michigan, and Pennsylvania. The system allows players to opt in and add $0.10 to each wager for a chance to win Mini, Minor, Major, or Mega Jackpots on eligible casino games.
Since its early 2025 launch, the platform has attracted over 50,000 winners, averaging more than 1,500 winners daily. This development follows FanDuel Casino's acquisition of player engagement specialist BeyondPlay in February 2024, which has enhanced their customer experience with advanced jackpot technology.
FanDuel Group operates as a subsidiary of Flutter Entertainment, maintaining a presence across all 50 states with approximately 17 million customers and 25 retail locations. The company's portfolio includes FanDuel Sportsbook, FanDuel Casino, FanDuel Racing, and FanDuel TV.
FanDuel is set to enhance the 151st Kentucky Derby experience as an official partner of Churchill Downs, offering premier betting options through their #1 sportsbook app. The company provides integrated horse racing and traditional wagering through a single account system.
New customers can benefit from a $500 No Sweat First Bet promotion, while existing customers receive a No Sweat Win Bet on the Kentucky Derby. FanDuel TV will deliver comprehensive Derby Week coverage with expert commentary from renowned racing personalities.
The coverage includes live broadcasts from Churchill Downs, featuring analysis and behind-the-scenes access. Emmy-winning host Kay Adams will broadcast 'Up & Adams' live from Churchill Downs on May 2, from 12:00 – 2:00 PM ET on YouTube. The day concludes with FanDuel's second annual Kentucky Derby Party at Old Forester's Paristown Hall, featuring country star Shaboozey.
Flutter Entertainment (NYSE: FLUT) has received all necessary regulatory approvals to acquire Snaitech S.p.A., a leading Italian omni-channel operator, from Playtech plc. The transaction, valued at €2.3 billion enterprise value, is expected to complete by end of April 2025.
The acquisition strengthens Flutter's position in Italy, Europe's largest regulated market, aligning with the company's strategy to invest in leadership positions in attractive international markets. The deal aims to leverage Flutter's market-leading products and capabilities while creating increased scale to capitalize on growth opportunities.
Flutter will provide additional updates during its first quarter results announcement on May 7, 2025.
Flutter Entertainment (NYSE:FLUT) announced changes to its reportable segments structure effective Q1 2025. The company will now report two main segments: US (comprising the FanDuel brand) and Flutter International (comprising all other Flutter brands previously reported under UK & Ireland, Australia and International segments).
The reorganization aims to better reflect the company's operational management and resource allocation. Flutter International will exclude unallocated corporate overhead. The company has provided recast financial information for 2024 and historical quarterly data from 2021-2024 to help investors understand the new reporting structure.
The company emphasizes that these reporting changes have no impact on Flutter's historical consolidated financial position or results.
FanDuel is strengthening its responsible gaming initiatives during Problem Gambling Awareness Month with several key announcements. The company launched 'The Comeback with Craig Carton', a groundbreaking TV show focused on problem gambling recovery, featuring stories from recovered gamblers including former NBA player Randy Livingston.
The company is expanding its 'Trusted Voices: Conversations About Betting' program with new resources for college students, parents, and university staff at ConversationsAboutBetting.com. FanDuel is supporting this initiative with a multi-channel advertising campaign targeting underage gambling awareness.
Additionally, FanDuel announced $300,000 in donations, split equally between the National Council on Problem Gambling's Agility Grants program and the International Center for Responsible Gaming. These funds will support prevention services and establish a Center of Excellence for responsible gambling research.
FanDuel has announced two innovative features for the March college basketball tournament: a unique tournament parlay system and a new Bet Back Token. The parlay feature, exclusively available on FanDuel, allows customers to combine picks across multiple tournament rounds into a single bet, including predictions for teams reaching the round of 16, winning their region, and winning the championship.
The Bet Back Token, launching March 17, enables customers to receive their wager back in Bonus Bets if their bet isn't performing well, applicable up to the final buzzer. This feature can be used when parlay legs are failing, during player injuries, or when teams are significantly behind. Tournament parlays will be available for building once the bracket is set on March 16.
Flutter Entertainment (NYSE:FLUT) has announced the launch of its second tranche of share repurchase program worth up to $300 million on the NYSE. The buyback will commence on April 1, 2025, and conclude by June 30, 2025, with Goldman Sachs conducting the transactions independently.
This initiative is part of a larger $5 billion multi-year share repurchase program announced in September 2024, with approximately $1 billion expected to be returned to shareholders in 2025. The maximum number of ordinary shares that may be acquired is 17,739,905, less the shares already purchased in the first tranche announced on November 13, 2024.
The buyback aims to reduce Flutter's share capital and will be conducted within parameters set by U.S. Securities Exchange Act rules and EU Market Abuse Regulation. All repurchased shares will be cancelled.
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