Flutter will close Sky Bet’s Malta operation and transfer remaining roles to Gibraltar, reportedly. Around 50 Malta-based staff are expected to be made redundant, while other staff are expected to move with the business. The reported closure follows Flutter’s UK and Ireland restructuring, which the company confirmed would put 1,400 roles at risk.
The closure would shift Sky Bet’s operations to Gibraltar and affect Malta-based staff.
Quarter ended 30 June 2026
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Neil Banbury became managing director of Sky Betting and Gaming on 29 September. Banbury told the outlet he intends to draw on parent company Flutter Entertainment's international reach.
Flutter Entertainment reported revenue of $16.383 billion for 2025, up 17% from 2024, and said Spain’s advertising restrictions affect its commercial activity. The company recorded adjusted EBITDA of $1.553 billion and a net loss of $407 million, which it said was mainly affected by a $556 million impairment linked to India’s real-money gaming ban.
Flutter Entertainment's revenue for 2025 was $16.383bn, compared with $14.048bn in 2024. The result was an increase of 17%.
Flutter Entertainment chief executive Dan Taylor said on its 4 November earnings call that the company expects more clarity in the coming months on the economics of FanDuel Predicts. FanDuel recorded $119 million in trading volume in the third quarter; Flutter expects its market-making operation to generate $50 million in revenue and $40 million in adjusted EBITDA during 2026.
Dan Taylor, Flutter's chief executive, told the third-quarter earnings call on 4 November that the coming months should sharpen the company's view of how its prediction market business makes money. At issue is whether FanDuel Predicts can turn a profit by itself, or can only help recruit customers in states that could later permit online sports betting.
Paddy Power Poker moved from iPoker to PokerStars Network on 28 October, according to the report. The migration forms part of Flutter’s broader network strategy and accompanies a previously announced poker-product refresh.
Paddy Power Poker reportedly moved to the PokerStars Network on 28 October. The poker room was previously on the iPoker network, according to the report.
Bet365, FanDuel and Hard Rock are using AI features to provide bettors with game insights and help building wagers, according to the report. Eilers & Krejcik Gaming analyst Brad Allen said its app testing found Hard Rock’s AI insights well received, while feedback on FanDuel’s AceAI was mixed; the sample was too small to establish broader preferences.
Bet365, FanDuel and Hard Rock are using artificial intelligence on the customer-facing side of their sportsbooks, according to the report. The report describes the tools as providing bettors with game-specific insights and help in building wagers.