16 OctRegulation
FanDuel shareholders secure confidential review of withheld merger documents
The order requires confidential review before deciding which documents shareholders may obtain; it does not resolve their allegations.
Flutter
Business and regulatory developments involving Flutter. Open in the feed
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Companies
FanDuel, DraftKings, Betfair, Betnacional, Entain, Paddy Power
Regulators
Company dossier
Licensing, commercial relationships and regulatory developments.
Deals and partners
People moves
- Dan Taylor joined 2026-10-08 · entry
- Dan Taylor joined 2026-08-05 · entry
- Peter Jackson left 2026-08-05 · entry
- Dan Taylor joined 2026-10-01 · entry
- Dan Taylor joined 2026-08-05 · entry
- Dan Taylor joined 2026-08-05 · entry
- Dan Taylor joined 2026-08-05 · entry
- Peter Jackson left 2026-08-05 · entry
- Dan Taylor joined 2026-08-07 · entry
- Dan Taylor joined 2026-08-05 · entry
Relationships
Reported licences, deals, appointments and other connections. Follow the entry links for context.
Timeline
Newest first, grouped by month.
October 2026
15 OctRegulation
UK betting group members urge chancellor to reconsider proposed MGD rise
The request concerns tax rates affecting betting shops and other businesses with category B machines.
12 OctDeals & M&A
Benzinga poll finds 17% expect prediction markets to displace DraftKings and Flutter
The poll gives investors divided expectations for DraftKings and Flutter, including adaptation, displacement and consolidation with prediction markets.
12 OctPeople moves
WGBA appoints Maarten Haijer as director general ahead of Geneva launch
Haijer's appointment gives operators and regulators a named contact for WGBA's planned engagement on gambling policy.
12 OctPeople moves
Neil Banbury takes Sky Betting and Gaming leadership role
Sky Betting and Gaming’s new managing director intends to draw on Flutter Entertainment’s international reach.
12 OctDeals & M&A
Sportradar agrees $170m sale as six gambling stocks rise
Investors saw six of nine tracked stocks gain during a week featuring Sportradar’s sale agreement and Citi’s Flutter upgrade.
10 OctDeals & M&A
Bank of America upgrades DraftKings to Buy after 19% monthly decline
Bank of America’s upgrade highlights potentially bottoming earnings expectations and reduced prediction market cannibalisation risk for DraftKings investors.
8 OctPeople moves
Dan Taylor becomes Flutter CEO as Allwyn appoints new CTO
Dan Taylor’s arrival as Flutter group CEO and Allwyn’s new chief technology officer change leadership at both companies.
7 OctRegulation
Flutter expects UK market share gains as gaming tax pressures smaller operators
Flutter expects its scale to support market share gains, while the tax increase adds £500m in expected costs from next year.
5 OctDeals & M&A
DraftKings shares hit three-year low as Flutter also declines
DraftKings and Flutter share declines reflect investor concerns over weaker earnings, promotional spending and prediction market competition.
2 OctDeals & M&A
Fanatics considers $1bn betting advertising spend in USA
Fanatics’ potential $1bn advertising spend would support its effort to challenge DraftKings and FanDuel in US sports betting.
2 OctDeals & M&A
Fanatics considers $1bn betting and gaming advertising budget for 2027
Fanatics plans to increase marketing spending from $350m to $800m, potentially $1bn, to narrow the gap with DraftKings and FanDuel.
September 2026
29 SepDeals & M&A
Better Collective shares fall 37.16% following Brazil betting ban
Better Collective’s suspension of 2027 guidance leaves investors without its financial outlook amid uncertainty over operations in Brazil.
15 SepRegulation
Ninth Circuit allows Nevada to regulate sports event contracts as gambling
The ruling subjects disputed Nevada sports event contracts to gambling rules, while DraftKings and Flutter shares gained.
3 SepDeals & M&A
Flutter reviews up to 100 Paddy Power shops in UK cost cuts
Flutter’s shop review exposes approximately 400 jobs to redundancy risk as higher taxes and economic uncertainty drive cost reductions.
1 SepPeople moves
Midnite recruits former FanDuel and Sky Bet staff for product team
Midnite’s product recruitment supports international growth plans, including a planned Canadian launch.
August 2026
19 AugDeals & M&A
Kenneth Dart acquires 5.8% DraftKings stake through Candle Lake
Dart’s DraftKings investment adds to his gambling holdings alongside an almost 30% stake in FanDuel owner Flutter.
13 AugDeals & M&A
Flutter integrates PokerStars with Betfair in UK
The integration connects Betfair users with PokerStars’ poker platform and liquidity.
12 AugDeals & M&A
Flutter finance chief acknowledges slower FanDuel Predicts rollout
The rollout has fallen behind Flutter’s planned timetable.
12 AugDeals & M&A
Flutter pursues two routes into US prediction markets
The strategy gives Flutter consumer and market-making roles in US prediction markets.
12 AugDeals & M&A
Flutter chief executive describes prediction-market outlook uncertainty
The comments describe uncertainty around Flutter’s longer-term prediction-market outlook.
12 AugDeals & M&A
Flutter chief reports limited prediction market impact on sports betting
Jackson’s assessment addresses prediction markets’ effect on Flutter’s sports betting business.
10 AugPeople moves
Flutter filing puts Amy Howe’s potential severance at $21.2m
The filing indicates a larger potential cost for Howe’s departure than previously estimated.
10 AugDeals & M&A
Flutter integrates PokerStars across UK betting brands
The integration consolidates poker provision across Flutter’s UK brands.
10 AugDeals & M&A
Flutter plans PokerStars offering on Betfair in the UK
The plan would extend PokerStars distribution through additional Flutter brands in the UK.
7 AugPeople moves
FanDuel’s Amy Howe exit deal exceeds earlier estimates
The reported package increases the disclosed cost of Howe’s departure.
7 AugDeals & M&A
Sportsbook executives anticipate stronger NFL marketing competition
Operators are preparing competing products and marketing campaigns ahead of football betting.
7 AugPeople moves
Flutter names Dan Taylor to succeed Peter Jackson
The succession transfers Flutter’s leadership to its international business chief.
6 AugDeals & M&A
FanDuel moves sports prediction contracts from CME to Crypto.com
The change moves FanDuel’s sports prediction-market supply relationship to Crypto.com.
6 AugPeople moves
Flutter schedules Dan Taylor succession for 1 October
The timetable defines Flutter’s leadership handover and transition support.
6 AugDeals & M&A
Flutter shares fall 11% after guidance cut and CEO change
The share decline followed a lower outlook and leadership change at Flutter.
6 AugDeals & M&A
Flutter cuts guidance and names Dan Taylor as next chief executive
Additional US spending will reduce near-term profitability, according to Flutter.
6 AugDeals & M&A
Flutter reports $296m Q2 loss and cuts EBITDA guidance
The results combine a quarterly loss with a reduced full-year earnings outlook.
5 AugDeals & M&A
Flutter completes London Stock Exchange delisting
The delisting removes Flutter’s shares from the London Stock Exchange.
5 AugDeals & M&A
Flutter cuts earnings outlook as Peter Jackson plans departure
Investors face reduced earnings expectations alongside a planned leadership change.
5 AugDeals & M&A
Flutter cuts annual guidance after second-quarter loss
The update lowers Flutter’s expected annual performance despite higher quarterly revenue.
5 AugPeople moves
Flutter names Dan Taylor as Peter Jackson’s successor
The appointment establishes Flutter’s chief executive succession.
5 AugPeople moves
Flutter names Dan Taylor group chief executive
The appointment places Taylor in charge of Flutter’s gambling businesses.
5 AugPeople moves
Flutter names Dan Taylor successor as Peter Jackson exits
The succession changes both Flutter’s executive leadership and board membership.
5 AugPeople moves
Flutter confirms Dan Taylor’s 1 October succession
The transition timetable defines the leadership handover and Jackson’s advisory period.
5 AugDeals & M&A
Flutter increases second-quarter revenue to $4.33bn
The results show quarterly revenue growth across Flutter’s business.
5 AugPeople moves
Peter Jackson steps down as Flutter chief executive
The succession changes Flutter’s leadership as FanDuel’s earnings outlook is reduced.
5 AugDeals & M&A
Flutter increases second-quarter revenue to $4.326bn
The results establish higher quarterly revenue for Flutter than a year earlier.
5 AugPeople moves
Flutter appoints Dan Taylor to succeed Peter Jackson as chief executive
Flutter’s leadership transition includes an advisory period for the outgoing chief executive.
5 AugPeople moves
Flutter names Dan Taylor to succeed Peter Jackson
Flutter’s leadership succession comes amid a decline in its share price.
5 AugPeople moves
Flutter appoints Dan Taylor to succeed Peter Jackson
The succession includes an advisory transition period for the outgoing chief executive.
3 AugDeals & M&A
Flutter completes London share delisting
Investors must use Flutter’s remaining New York listing for exchange trading.
July 2026
29 JulPeople moves
Netflix names Ian Hunter gambling advertising partnerships head
Hunter takes responsibility for Netflix’s gambling advertising partnerships.
29 JulDeals & M&A
Wazdan launches games with Betnacional through Relax Gaming
The launch gives Wazdan access to Betnacional’s Brazilian customers.
27 JulDeals & M&A
Flutter shares decline during week to 24 July
The price decline lowers the market value of Flutter shareholders’ holdings.
23 JulRegulation
CME chief distinguishes its contracts from sportsbook-style prediction markets
Duffy drew a distinction between CME’s sports contracts and some other prediction-market products.
22 JulDeals & M&A
RubyPlay partners with Betnacional in Brazil
The partnership extends RubyPlay’s presence in regulated Brazilian iGaming.
22 JulDeals & M&A
RubyPlay launches content with Betnacional in Brazil
The agreement expands game distribution through Betnacional’s Brazilian operation.
22 JulDeals & M&A
Flutter shares decline amid prediction-market competition concerns
The report presents competing assessments of prediction markets’ impact on Flutter’s sportsbook activity.
22 JulDeals & M&A
RubyPlay supplies casino games to Betnacional in Brazil
The agreement expands RubyPlay’s distribution in Brazil.
22 JulDeals & M&A
Betnacional adds RubyPlay casino content in Brazil
The agreement extends RubyPlay’s reach to Betnacional customers.
9 JulDeals & M&A
Michael Burry discloses investments in Flutter and DraftKings
The disclosed positions add Burry as an investor in Flutter and DraftKings.
May 2026
28 MayPeople moves
Sportsbet appoints Doug Brown CEO as Flutter expands Barni Evans’s APAC role
The changes place Brown in charge of Sportsbet and give Evans a wider regional remit.
Market data
Flutter · NYSE: FLUT. Share price end-of-day, delayed; not investment advice.
Last close (2026-10-16)USD 75.60
1 week−5.2%
YTD−64.8%
1 year−69.7%
Market capUSD 13.12bn
| Quarter ended | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | USD 4.19bn | USD 3.79bn | USD 4.74bn | USD 4.30bn | USD 4.33bn |
| EBITDA | USD 704.0m | −USD 245.0m | USD 772.0m | USD 817.0m | USD 274.0m |
| Operating income | USD 389.0m | −USD 834.0m | USD 258.0m | USD 79.0m | −USD 144.0m |
| Net income | USD 37.0m | −USD 789.0m | USD 10.0m | USD 209.0m | −USD 296.0m |
| Diluted EPS | 0.59 | -3.91 | -0.03 | 1.23 | -1.57 |
| Cash & equivalents | USD 1.69bn | USD 1.73bn | USD 1.83bn | USD 1.51bn | USD 1.56bn |
Figures as reported in each company’s currency; Q4 values for US filers may be derived as full year minus nine months. EBITDA is a company-defined or data-provider measure where shown.
Results takeaways · Q2 2026
- Flutter revenue rose 3% to $4,326 million, while net loss was $296 million against net income of $37 million.
- Adjusted EBITDA fell 45% to $508 million, and loss per share was $1.57.
- Revenue reflected acquisitions and FIFA World Cup engagement, while US sports results weighed on growth.
- US revenue fell 6% to $1,683 million; international revenue rose 10% to $2,643 million.
- Full-year revenue guidance midpoint was cut by $395 million to $17.91 billion; adjusted EBITDA midpoint fell $210 million to $2.655 billion.
Summarised by SectorWire desk from the company’s earnings release (filed 2026-08-05).
Next results expected: 4 November 2026 (provisional).
End-of-day, delayed; not investment advice. Data and methodology · All gaming stocks
Connected to
Relationships extracted from our entries: partners, suppliers, investors, licensing and markets.
Timeline
Key developments by month.
- Oct 2026
- Regulation FanDuel shareholders secure confidential review of withheld merger documents
- Regulation UK betting group members urge chancellor to reconsider proposed MGD rise
- Deals & M&A Benzinga poll finds 17% expect prediction markets to displace DraftKings and Flutter
- People moves WGBA appoints Maarten Haijer as director general ahead of Geneva launch
- People moves Neil Banbury takes Sky Betting and Gaming leadership role
- Deals & M&A Sportradar agrees $170m sale as six gambling stocks rise
- Sep 2026
- Deals & M&A Better Collective shares fall 37.16% following Brazil betting ban
- Regulation Ninth Circuit allows Nevada to regulate sports event contracts as gambling
- Deals & M&A Flutter reviews up to 100 Paddy Power shops in UK cost cuts
- People moves Midnite recruits former FanDuel and Sky Bet staff for product team
- Aug 2026
- Deals & M&A Kenneth Dart acquires 5.8% DraftKings stake through Candle Lake
- Deals & M&A Flutter integrates PokerStars with Betfair in UK
- Deals & M&A Flutter finance chief acknowledges slower FanDuel Predicts rollout
- Deals & M&A Flutter pursues two routes into US prediction markets
- Deals & M&A Flutter chief executive describes prediction-market outlook uncertainty
- Deals & M&A Flutter chief reports limited prediction market impact on sports betting
- Jul 2026
- People moves Netflix names Ian Hunter gambling advertising partnerships head
- Deals & M&A Wazdan launches games with Betnacional through Relax Gaming
- Deals & M&A Flutter shares decline during week to 24 July
- Regulation CME chief distinguishes its contracts from sportsbook-style prediction markets
- Deals & M&A RubyPlay partners with Betnacional in Brazil
- Deals & M&A RubyPlay launches content with Betnacional in Brazil
- May 2026
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