Tag Archives: Flutter Entertainment

MaxBet nets record sponsorship of FK Partizan Belgrade

SBC News MaxBet nets record sponsorship of FK Partizan Belgrade

MaxBet, the Balkan market subsidiary of Flutter Entertainment, has announced its ‘biggest sponsorship agreement ever’ – becoming the principal sponsor of FK Partizan Belgrade. As reported by the Serbian media, MaxBet has agreed to terms on a €5.5m deal to become the ‘general sponsor’ of FK Partizan Belgrade for the next three and a half years. The deal sees MaxBet …

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PMU takes on Flutter’s full sportsbook solution 

SBC News PMU takes on Flutter’s full sportsbook solution 

Flutter Entertainment has announced that it will continue its long-standing B2B partnership with PARI MUTUEL URBAIN (PMU), providing a multi-channel sportsbook platform for the French horseracing’s principal betting operator. The B2B unit of Flutter Entertainment has serviced PMU’s sportsbook platform since 2010, a partnership that began under Paddy Power and has been maintained throughout the group’s multiple transitions. Upcoming developments …

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India’s Supreme Court grants online gaming sector final hearing against 28% GST hike

SBC News India’s Supreme Court grants online gaming sector final hearing against 28% GST hike

India’s online gaming industry has been given another chance to challenge the decision by PM Modi’s cabinet to increase the Goods and Service Tax (GST) levy for the sector from 18% to 28%.  The country’s Supreme Court has now asked for further comments by the Indian government in response to a plea filed by a number of online gaming entities …

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Flutter names the date for NYSE listing

Flutter names the date for NYSE listing

Flutter Entertainment has today confirmed that it is working towards 29 January 2024 as the effective date for its New York Stock Exchange (NYSE) listing.   The Paddy Power owner had for some time mooted the idea of a secondary listing in the US to reflect the growing importance of the market to the business, and announced in November that it …

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Sky Bet donates £250,000 to Yorkshire Children’s Heart Surgery Fund

SBC News Sky Bet donates £250,000 to Yorkshire Children’s Heart Surgery Fund

Sky Betting & Gaming (Sky Bet) has donated more than £250,000 to fund life-changing support at one of Yorkshire’s leading charities – the Children’s Heart Surgery Fund. Hundreds of staff and guests gathered at SBG’s Annual Charity Gala in Leeds on Wednesday for a night of fund-raising activity, hosted by ITV Racing’s Oli Bell and Ed Chamberlin. A silent auction, …

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Genius lining up BetVision to meet Europe-style US betting behaviour

Genius lining up BetVision to meet Europe-style US betting behaviour

Genius Sports expects US bettor behaviour to develop broadly in line with that of Europe, and is positioning itself as a data leader in the sector through high-profile partnerships and product innovation.  That was the message CEO Mark Locke related to investors following Genius’ latest quarterly earnings update, shortly before the firm announced a new stateside partnership with FanDuel, the …

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Flutter keeps faith in global progress against regulatory hurdles

Flutter keeps faith in global progress against regulatory hurdles

Flutter Entertainment leadership remains confident in the group’s Australian prospects despite a slowdown in trading from the country during Q3, as outlined by CEO Peter Jackson and CFO Paul Edgeliffe-Johnson. The leadership duo addressed investors and analysts this morning after the group’s Q3 earnings call, which revealed an overall group-wide revenue increase of 8% to £2bn (Q3 2023: £1.9bn) whilst …

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Sky Bet and EFL offer £6m for community projects across England & Wales

SBC News Sky Bet and EFL offer £6m for community projects across England & Wales

Sky Bet the English Football League (EFL) have announced the launch of the Building Foundations Fund to provide £6m towards community projects across England and Wales. Sky Bet – Flutter Entertainment‘s UK sports betting brand – in its role as the current title partner of the EFL, will invest £1m per year into what has been described as a ‘vital’ …

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Sian Carson to lead Sisal’s expansion in Italy and abroad as CPO

SBC News Sian Carson to lead Sisal’s expansion in Italy and abroad as CPO

Sian Carson has been appointed as the new Chief People Officer of Sisal, one of Flutter Entertainment’s international operator brands. Carson is set to lead the group’s human resources and organisational design division with the goal of strengthening its expansion process in Italy and abroad. The new hire said that she was ‘proud’ to join the firm, adding: “I am …

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BGC: UK big five bookmakers racing media payments to rise by £30m

William Hill and PA Betting Services renew racing data deal

The financial contribution made to British racing by the country’s largest bookmakers is set to rise in 2024, according to the Betting and Gaming Council (BGC). Payments from Entain, Flutter Entertainment, bet365, 888/William Hill and Betfred will increase by £30m, the standards body and trade association revealed today. This ‘record cost increase to broadcast races’ will see the total payment …

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