Flutter appoints João Studart and Eduardo Monte to lead Brazil business
Flutter appointed João Studart as chairman of Flutter Brazil and promoted Eduardo Monte to chief executive, giving him responsibility for the unit’s day-to-day operations. The company said the appointments would support its Brazil business; the source also reports planned increases in the country’s gaming tax to 15% by 2027 and 18% by 2028.
The leadership changes put named executives in charge of Flutter’s Brazilian operations as the company faces scheduled tax increases.