By SectorWire desk ·
The report said that Flutter FLUT · USD 75.60 2026-10-16 Data lowered its full-year revenue guidance midpoint to $17.9bn as it increased US spending to compete with prediction markets. Chief executive Peter Jackson will leave the role in October, with international business head Dan Taylor succeeding him.
Additional US spending will reduce near-term profitability, according to Flutter.
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The succession changes Flutter’s leadership as FanDuel’s earnings outlook is reduced.
The succession transfers Flutter’s leadership to its international business chief.
The timetable defines Flutter’s leadership handover and transition support.
The succession includes an advisory transition period for the outgoing chief executive.
Flutter’s leadership transition includes an advisory period for the outgoing chief executive.
The transition timetable defines the leadership handover and Jackson’s advisory period.