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Flutter Entertainment

Flutter Entertainment

Average Monthly Players

8.58 M

Q2, 2022

Revenue

£6 B

FY, 2021

Market Capitalization

€21 B

2022-09-02

Flutter Entertainment Summary

Company summary

Overview
Flutter Entertainment (formerly known as Paddy Power Betfair) is a global sports betting, gaming, and entertainment provider. It operates in five divisions: Paddy Power Betfair, TSG International, Sky Betting & Gaming, Australia, and the US. The Paddy Power Betfair division consists of the Paddy Power, Betfair, and Adjarabet brands and provides sportsbook, exchange, and gaming services. The TSG International division encompasses PokerStars, PokerStars Casino, and PokerStars Sports brands. The Sky Betting & Gaming division leverages a mobile-led product portfolio across betting and gaming. The Australia division comprises Sportsbet and BetEasy brands. The US division consists of FanDuel, FoxBet, TVG, Pokerstars, and Betfair brands. The company was formed as a result of a merger between Paddy Power and Betfair.
Type
Public
Founded
2016
HQ
Dublin, IE | view all locations
Website
https://www.flutter.com/
Cybersecurity rating
Sectors

Key people

  • Peter Jackson

    Peter Jackson, Chief Executive Officer and Director

  • Jonathan Hill

    Jonathan Hill, Chief Financial Officer and Director

  • Gary McGann

    Gary McGann, Chairman

    • Pádraig Ó Ríordáin

      Pádraig Ó Ríordáin, Chief Legal Officer and Group Commercial Director

    Operating MetricsView all

    Sportsbook Stakes

    £36B
    44.4%

    FY, 2021

    Average Monthly Players

    8.6M
    13.2%

    Q2, 2022

    Average Monthly Players (Australia)

    1.1M
    9.2%

    Q2, 2022

    LocationsView all

    2 locations detected

    • Dublin, County Dublin HQ

      Ireland

      Belfield Office Park, Beech Hill Rd, Dublin 4, Belfield

    • London, England

      United Kingdom

      Hammersmith Embankment Waterfront, Winslow Rd, Hammersmith

    Flutter Entertainment Financials

    Summary financials

    Revenue (H1, 2022)
    £3.4B
    Gross profit (H1, 2022)
    £2.0B
    Net income (H1, 2022)
    (£112.2M)
    Cash (H1, 2022)
    £1.5B
    EBIT (H1, 2022)
    £5.3M
    Enterprise value
    $23.8B

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