Flutter Entertainment Archives

FanDuel Chief Executive King To Step Down, Delaying Spin-Off Plans

May 12, 2021

Matt King, chief executive of Flutter Entertainment-owned FanDuel Group, has announced his intention to step down from his role and leave the business. King has led FanDuel for the past three-and-a-half year...

William Hill and Flutter Entertainment React To Rise of UK Black Market Research

February 4, 2021

Major operators in the UK have responded to research by the Betting and Gaming Council (BGC) that black market activity is rising, with William Hill saying it’s a “growing problem we must confront.” Earlier ...

Australian Fund Manager Caledonia Set To Acquire Ron Perelman’s Scientific Games Stake In US$920 Million Deal

September 14, 2020

Chairman of Scientific Games Ronald Perelman is expected to sell his 39 percent interest in the global gaming giant Scientific Games to Australian investment fund manager Caledonia (Private) Investments in a ...

Stars Merger Helps Flutter Weather Covid-19 Impact In H1

August 27, 2020

The significant expansion and diversification of Flutter Entertainment’s operations through its acquisition of The Stars Group helped the operator mitigate the disruption caused by novel coronavirus (Covid-19...

Flutter To Migrate All Betting Brands To PPB Platform

August 27, 2020

Flutter Entertainment’s integration of The Stars Group business will see it migrate all sports betting brands to the solution powering its Paddy Power Betfair division, while it aims to significantly ramp up ...

IGT Expands FanDuel Platform Deal Across The US

August 3, 2020

International Game Technology (IGT) has expanded its sports betting and online gambling agreement with Flutter Entertainment-owned FanDuel Group to cover the entire US market. Under the wide-reaching partner...

Flutter Entertainment Completes Merger With Stars Group

May 5, 2020

Flutter Entertainment, the parent company of Paddy Power Betfair and FanDuel, has announced the completion of its acquisition of and merger with The Stars Group (TSG). The mega-merger, first agreed in Octobe...

Flutter To Complete Stars Group Merger On 5 May

April 30, 2020

Flutter Entertainment, the operator of the Paddy Power Betfair business, has announced that it will finalise its acquisition of and subsequent merger with The Stars Group (TSG) on 5 May. Under a deal announc...

Stars Group Shareholders Approve Flutter Merger

April 27, 2020

Shareholders in The Stars Group (TSG) have overwhelmingly voted in favour of the operator’s proposed acquisition by Flutter Entertainment. Approximately 99.99% of votes cast at a meeting last week were in su...

Flutter Shareholders Approve Stars Merger

April 21, 2020

Paddy Power Betfair operator Flutter Entertainment’s shareholders have approved the company’s merger with PokerStars operator The Stars Group to create the world’s largest online gambling company. At the bus...