Flutter reported third-quarter 2026 revenue of $3.874bn, up 2% year on year. The company said Southern Europe and Africa revenue rose 13%, while it lowered its full-year guidance following the closure of its Brazilian operations, setting midpoint revenue guidance at $17.61bn.
Revenue growth alongside reduced full-year guidance helps investors assess Flutter’s performance after its Brazilian operations closed.
Quarter ended 30 June 2026
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Flutter chief executive Peter Jackson said taking a long-term view of prediction markets is very hard. Speaking at an Oppenheimer event, he also highlighted the company's internal market-making, especially for combos, and said rivals have been scraping its prices.
It was reported that Flutter chief executive Peter Jackson described limited displacement of sports betting by prediction markets in states with legal wagering. Jackson discussed the subject alongside chief financial officer Rob Coldrake in a conversation with an Oppenheimer analyst.
It was reported that Flutter finance chief Rob Coldrake said FanDuel Predicts launched more slowly than planned. The prediction-market product featured in an Oppenheimer discussion following the company’s earnings call.
It was reported that Flutter is making PokerStars the main poker product across its UK brands. The rollout starts with Betfair, followed by planned integration with Sky Bet and Paddy Power later in the year.
FanDuel is shifting its sports and novelty prediction markets from CME Group to Crypto.com, outgoing Flutter CEO Peter Jackson said on an analyst call on 5 August. CME retains the financial derivatives business.