Paddy Power owner Flutter has slashed its full-year guidance after slumping to a quarterly loss of over a billion US dollars just weeks after revealing plans to axe 1,400 jobs in the UK and Ireland. The New York-listed gambling giant, which…
LONDON, November 05, 2026--(BUSINESS WIRE)--Soho Square Capital, an investment firm focused on financing established and growing UK and European SMEs, is pleased to announce a growth investment in Skiddle, the UK's leading independent ticketing platform. This marks Soho Square's second…
Home > Legal & compliance > One in seven Irish gamblers prompted to gamble by operator messages and ads A survey of 1,000 Irish adults who had gambled in the previous year has found that frequent operator messages and certain events played a role…
State-owned energy group Eesti Energia plans to launch collective layoff consultations on Thursday, with an initial proposal calling for the elimination of about 10 percent of positions across the company. Despite strong financial results for the first nine months of the…
William Hill is to expand its footprint across Nevada through a new partnership with Terrible’s casinos. The deal adds three more sportsbook locations and could push the operator’s statewide network to more than 110 outlets. The Nevada Gaming Control Board gave…
Almost four in ten people who open an online gambling account for horse or sport betting go on to other forms of gambling, like slots or casino games, new research has found. The research surveyed 1,000 gamblers and was conducted by…
Flutter Entertainment reported a wider third-quarter loss after taking a major non-cash charge linked to its Brazilian business, overshadowing revenue growth across the group. p. The operator posted revenue of $3.87bn for the three months ended 30 September, up 2% year-on-year, while net losses…
Taylor's debut report arrived five weeks after he took the helm, and the headline was a mixed bag. Revenue increased 2% year over year to $3.87 billion, shy of the roughly $4 billion LSEG consensus, and adjusted EBITDA of $360 million was also below…
Macquarie maintained Flutter Entertainment at Outperform and lowered its price target to $120 from $128, a 6.2% decrease. The price target implies an upside of 46.7% from the Nov 4 close of $81.79. Recent analyst actions on Flutter Entertainment Across the five most recent analyst notes…
That engagement did not translate into higher earnings. US sportsbook promotional spending increased 60 basis points to 6.0% of handle and sportsbook net revenue margin fell 60 basis points to 6.8%. US sales and marketing expenses rose 16%, which Flutter attributed to FanDuel Predicts, the…
The sportsbook industry: DraftKings, FanDuel and Flutter, BetMGM and Fanatics - handle and results, state legalization, betting taxes and marketing rules.
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