Flutter Entertainment

Flutter's third-quarter net loss widened to $1.15 billion on a Brazil impairment, and sports results took another $160 million off its 2026 profit midpoint. The release is silent on the reported appointment of Christian Genetski to run FanDuel.

Three New Orleans bettors, two of them heavy parlay players, have asked a Louisiana court to treat the FanDuel and DraftKings apps as defective products. The petition also names the two casinos whose licences the apps operate under, a choice that may keep the case out of federal court.

Flutter Entertainment is taking Betfair's exchange, sportsbook and casino out of Italy and blames regulatory changes it has not named. Customers have no closing date yet, and the decision lands just over two weeks before Italy's deadline for exchange operators to certify their systems under new technical rules.

Boyd Gaming's group earnings barely moved in the third quarter, but its two Las Vegas segments lost $8 million of EBITDAR between them while its locals and regional casinos grew. Management says August was the weakest month.

Ireland's gambling regulator has now published 235 notices of intent to apply for a licence, and most of the recent ones come from racecourse and high-street bookmakers whose Revenue licences expire on 30 November. Its own register shows how far it still has to go: one in-person betting licence issued so far.

Paddy Power's owner expects up to 1,400 redundancies from a restructure of its UK and Ireland business, eight days before a Budget that could raise machine duty. The tax set the size and the timing; the shape looks like the cost programme Flutter was already running.

The league's official wagering partner has deleted AI-generated clips of Lachie Neale and Will Ashcroft after the players' union complained and Guardian Australia asked about them. From 1 January, Australian law will stop licensed bookmakers featuring athletes in wagering advertising whether the athletes consent or not.

Four provincial lottery corporations asked the Supreme Court of Canada on 7 October to overturn the ruling that would let Ontario's poker and fantasy players sit at the same tables as players abroad. The nine judges reserved judgment, and no date has been set for a decision.

A Racing Post count of every British race title shows bookmakers sponsoring 17% fewer races this year, with the cuts deepening after Remote Gaming Duty went to 40% in April. It lands three weeks before a Budget that may raise machine games duty, which would hit racing harder.

A CBS News investigation into how sportsbooks keep bettors engaged featured a Virginia customer who likened gambling to "crack in the '80s". FanDuel suspended his account after the broadcast, a step CBS said the company told him about only after he appeared in its story. The operator says it acts whenever a customer raises concerns, on television or anywhere else.

Ontario will defend its plan to pool poker and fantasy players with other jurisdictions against four Crown lottery corporations, which say it is Ontario conducting gaming outside Ontario. Alberta, Flutter, GGPoker's parent and the Canadian Gaming Association will be heard as interveners. Every other province's monopoly turns on the answer.

Around 300 of the roles are in Stoke-on-Trent, where bet365 is the biggest private employer, and 40 across Gibraltar and Malta. Voluntary redundancies come first. Every one of the five largest British gambling firms has now cut staff since remote gaming duty rose 19 points.

Flutter has put a number on the retail review it declined to quantify in August. Up to 100 of 506 shops go before the end of the year, with about 400 jobs at risk, and the company names the Budget.

Federal prosecutors allege a Curaçao shell company was used to make a Brazilian betting operation look offshore before regulation arrived, and that the structures behind it were adapted rather than abandoned once it did. NSX Brasil says it operates lawfully.

A Schedule 13G filed on 7 August puts the billionaire behind 28,581,386 DraftKings shares. He already controls more than a quarter of Flutter, and his vehicle Candle Lake has an unsolicited bid on the table for Evolution. One investor now sits across both halves of the US duopoly.

France's state-controlled horseracing monopoly PMU has signed a technology agreement with BetMakers to extend its pool and fixed-odds betting services internationally, a deal that arrives as BetMakers completes its AU$267m acquisition by Tabcorp and builds out a growing roster of global operator partnerships.

Flutter's outgoing CEO Peter Jackson has confirmed FanDuel is content to act as a futures commission merchant directing users to third-party exchanges, positioning the operator ahead of a proposed CFTC rule that would restrict the market-making activities of exchange-affiliated firms. The strategy is forecast to generate $50 million this year, even as overall US performance falls short of plan.

Flutter Entertainment has announced that Peter Jackson will leave as group chief executive on 1 October, handing over to international president Dan Taylor at a moment when US sportsbook revenue has fallen 15% year-on-year and the company's market capitalisation has dropped from $50 billion to below $20 billion in under a year.

Entain has disclosed two separate TR-1 notifications of major holdings through the London Stock Exchange's Regulatory News Service, signalling movement in the FTSE-listed operator's share register at a time of ongoing strategic repositioning.

Flutter Entertainment will leave the London Stock Exchange at the start of August and trade solely on the New York Stock Exchange, formalising a shift in centre of gravity that its FanDuel-led US business had already made in substance.

Flutter Entertainment will cancel its London listing on 3 August 2026 and trade only on the NYSE, formalising a pivot to a US business that now supplies 41% of group revenue. The exit lands amid a brutal UK tax squeeze, but Flutter's own filings suggest growth and investors, not duty rises, are what pulled it west.

$60 billion in legal wagers, and potentially more flowing through the black market. Flutter International chief executive Dan Taylor has used the eve of the 2026 World Cup to deliver one of the industry's clearest warnings yet about the scale of the offshore threat.

Four years after 888 Holdings, now Evoke, agreed to pay £2.2 billion for William Hill's international assets, the company has agreed an all-share takeover by Bally's Intralot worth about £243.1 million (€281 million). A November 2025 Budget tax shock forced the board's hand.

Following the successful conclusion of the Casino Guru Awards 2026, winners, sponsors, and industry leaders have shared their reflections on an evening that celebrated excellence, responsibility, innovation, and positive change across the global iGaming industry.