Flutter reported Q2 2024 group revenue of $3.6bn, up 20% year on year, and raised its full-year guidance. At the midpoints, it expects 2024 revenue to increase 20% and adjusted EBITDA to rise 34% year on year; average monthly players reached 14.3 million.
Investors can use Flutter’s raised guidance and second-quarter growth to reassess its 2024 outlook.
Quarter ended 30 September 2026
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Flutter reported Q1 2025 revenue of $3.67bn, up 8% year on year, and adjusted EBITDA of $616m, up 20%. The company raised its 2025 forecast to $17.08bn in revenue and $3.18bn in adjusted EBITDA, including expected contributions from its Snai acquisition and the anticipated NSX deal.
Flutter reported a 44% year-on-year fall in Brazil revenue in the first quarter, citing customer sign-up friction linked to new regulatory requirements. Chief executive Peter Jackson said the planned acquisition of NSX Group remained on track for completion in Q2 2025; NSX reported Brazil revenue growth of more than 20% year on year.
FanDuel reportedly plans to make Christian Genetski its permanent chief executive from 1 January 2027, ending his interim tenure. The reported appointment was communicated to Flutter staff, but neither Flutter nor FanDuel has confirmed it. Genetski became interim CEO in May 2026 after Amy Howe stepped down.
Christian Genetski is set to become FanDuel's permanent chief executive, after an interim stint of nearly six months. The job becomes his officially on 1 January 2027. As of the report, no confirmation of the appointment had come from Flutter or FanDuel.
Peter Jackson, outgoing chief executive of Flutter Entertainment, has restated the company's intention to strengthen its position in the UK market. Flutter leads the UK through its Sky Bet, Paddy Power and Betfair brands, the report said.
Flutter Entertainment chief executive Peter Jackson said regulated online sports betting offers a better product than prediction markets. He said prediction markets grow where no licensed betting offer exists, leaving illegal bookmakers as their only competitor.