Tag Archives: Flutter Entertainment

Singular to sign 100% of shares over to Flutter as new journey begins

B2B igaming software developer Singular has confirmed that 100% of its shares will be transferred to Flutter Entertainment, completing its acquisition by the FTSE100 gambling giant. Singular will become a technology asset of Flutter,  helping power its tier-1 brand portfolio of Paddy Power, Betfair, Sky Bet and The Stars Group, and further represents the expansion of the gambling group’s operations …

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Flutter opens £15m ‘landmark development’ tech centre in Leeds

Flutter Entertainment has opened its tech centre at 4 Wellington Place in Leeds city centre, with plans for the new ‘landmark development’ to act as a ‘centre of innovation’ in key areas. First announced in January of this year, focus areas of the £15 million development will include product development, software engineering, research and insights, whilst it will also employ …

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Oddschecker boosts US presence with Mayweather Jr linkup

Oddschecker has bolstered its marketing and foothold in the burgeoning US sports betting space, linking with Floyd Mayweather Jr for the National Football League (NFL) 2021 kick-off. The Bruin Capital-owned odds comparison site plans to offer Super Bowl odds via its channels, enabling US sports fans to view and analyse predictions on NFL games, as more states open their markets …

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Flutter considers ‘matter closed’ as $300m paid to Kentucky

Flutter Entertainment has paid $300 million to the Commonwealth of Kentucky to fully settle its legal dispute with the state concerning The Stars Group.  The Dublin-based gambling group has paid $200 million to the state, on top of a $100 million previously handed over to the state relating to a superseded bond in the case. A statement from Flutter read: …

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Paddy Power says bye to mischief maker Paul Mallon

Paul Mallon has confirmed his departure as Head of Brand Marketing for Paddy Power, ending his 10-year tenure as an advertising executive of the Irish bookmaker.  A key member of Paddy Power’s Mischief Making department, Mallon has joined London advertising agency Lucky Generals, taking on the role of Head of Special Ops. Mallon had formerly served as Paddy Power’s ‘Head …

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Interest in William Hill retail divisions remains after 888 acquisition

As this morning 888 Holdings is declared the winning bidder of Caesar Entertainment’s auction of William Hill’s non-US assets – uncertainty remains as to the future of the heritage bookmaker’s retail unit and how it will reshape betting’s presence on the high-street.   The deal will enable 888 to quadruple its market share, becoming the third-largest group operator in the UK …

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Flutter joins EGBA as organisation strengthens sustainability pledge

Flutter Entertainment has become the latest operator to join the European Gaming and Betting Association (EGBA). By joining the Brussels-based trade group, Flutter has reiterated its commitment to industry responsibility and safer gambling across the European betting and gaming sector, with the organisation representing EU licenced and regulated operators. The Dublin-based FTSE 100 company joins a range of prominent betting …

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888 wins transformative buyout of William Hill heritage assets

888 Holdings is reportedly the winning party of the hotly contested auction for William Hill’s combined UK and European business assets – put up for sale by Caesars Entertainment.  As reported by The Times, Caesars has accepted a +£2 billion buyout offer put forward by 888, out-bidding US private equity fund Apollo Global as the auction’s last remaining suitor.    Coordinated …

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Flutter sets monthly net deposit limit for under-25s to £500

Flutter Entertainment has announced the reduction of its net deposit limit for all customers under 25 years old – setting the figure at £500 per month. The group’s new policy will be implemented across its UK and Irish Paddy Power, Betfair and Sky Betting & Gaming brands, as part of a general move to ‘further enhance protections for younger customers …

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Flutter takes £870m Kentucky ruling to US Supreme Court

Flutter Entertainment has taken its legal contest with the Commonwealth of Kentucky regarding a $870 million ruling against the firm to the US Supreme Court. Describing the ruling as having caused ‘monstrous damages’ against its commercial operations, the FTSE100 company has questioned whether “an award of statutory damages violates due process when it exceeds by a factor of more than …

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