Tag Archives: FTSE

Flutter Entertainment Plc has notified markets that it has launched an offering of senior debt notes equivalent to an aggregate principal amount of $1.05bn. The twin-listed NYSE and FTSE gambling group has authorised the transaction for both USD- and EUR-denominated senior secured notes due by 2029. Markets were informed that proceeds from the debt notes issuance will be used to …

Entain Plc has informed markets that Chairman Barry Gibson will resign from all corporate governance duties by the end of September 2024. Gibson will be succeeded by current interim Chief Executive Stella David, who may take over boardroom leadership duties earlier depending on the timing of the appointment of a permanent Group CEO. The announcement sees Gibson end his four-year …

Flutter Entertainment Plc has declared corporate losses of $1.21bn after completing a transformative year for its business, which achieved the headline objective of becoming global gambling’s most valued Plc.  Publishing its full-year 2023 accounts, the joint FTSE-&-NYSE-listed gambling group reported revenues of $11.7bn, a 24% increase over the FY2022 results of $9.4bn.  Headline growth shows Flutter delivering on the goals …

The board of Flutter Entertainment Plc has confirmed that David Lazzarato will not seek re-election as an independent Non-Executive Director (NED) of the FTSE100 and NYSE gambling group. The decision comes ahead of Flutter’s scheduled annual general meeting (AGM) on 1 May 2024, in which Lazzarato will resign from all duties as corporate NED. An expert in financial planning and …

Entain Plc has declared that it has achieved two high-impact milestones funded by its corporate social responsibility (CSR) programme, The Entain Foundation. Publishing its latest Social Impact Report, Entain announced that it had supported over 200 aspiring athletes aiming for the Olympics, Paralympics, Commonwealth and World Championships through SportsAid. The FTSE100 firm’s collaboration with SportsAid began in 2020, developing direct …

The management of Tombola, will proceed with a reorganisation as part of an ‘extensive operational review’ of the UK’s largest online bingo business. The staff of Tombola were informed last week of the decision, which as reported by the Financial Times, could impact up to 250 jobs  – “according to people briefed on the plans.” Meetings for affected staff have …

Shadows are cast on the future of Mexican online gambling brand Caliente.MX, as joint-venture partners Playtech and Caliplay  continue their legal dispute.  This afternoon, Caliplay SA, the online subsidiary of Mexican casino operator, Grupo Caliente, announced that it would launch legal proceedings in the Civil Court of Mexico against Playtech. Caliente’s subsidiary seeks “the annulment of its legal relationship with …

Flutter Entertainment has joined the charter of WiHTL, a business collaboration community devoted to increasing diversity and inclusion in the hospitality, travel, and leisure industry (HTL). The initiative sees Flutter become a sponsor of WiHTL’s Women Non-Executive Director (NED) Programme. CFO Paul Edgecliffe-Johnson will also become a founding member of WiHTL’s CFO Committee.  Founded in 2016, WiHTL is a collaborative …

Entain Plc has declared that it is “well-positioned” to achieve all 2023 corporate objectives, as it reports on a period of record levels of active customers, boosting its financial results, whilst demonstrating continued momentum across worldwide operations.  This morning, the FTSE100 gambling group published its Q1 trading update, covering the period from January 1 to March 31, 2023. Headline results …

Flutter Entertainment’s Board of Directors has notified investors that the FTSE100 business “aims to implement an additional US listing during Q4 2023”.  In February, Flutter’s board revealed that it was reviewing options to proceed with a ‘secondary US listing’ of its ordinary shares. Primary benefits highlighted by Flutter governance included a “deeper access to capital markets and to new US …