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Flutter considers Brazil strategy and leaves future acquisitions open

Deals & M&A

Flutter CEO Peter Jackson said the group was assessing its strategy in Brazil and did not rule out acquisitions there. He also said Flutter could exceed its leverage targets if needed to complete a deal, while discussing PokerStars’ US prospects and plans for an Italy platform rollout later in the year.

Flutter’s comments indicate that Brazil and other regulated markets remain potential targets for expansion and acquisitions.

End-of-day close Flutter (FLUT), USD, to 27 September 2024
Story date1 July 202427 September 2024

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

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