Flutter Entertainment reported revenue of $4,187 million for the second quarter of 2025, up 16% year on year. Sportsbook revenue was $2,260 million and iGaming revenue was $1,775 million; US revenue reached $1,791 million, while International revenue was $2,396 million.
Flutter’s revenue breakdown shows investors how sportsbook, iGaming, US and International businesses contribute to results.
Quarter ended 30 September 2026
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Flutter said it will acquire an initial 56% stake in Brazilian operator NSX Group and combine it with its Betfair Brazil business. The transaction includes approximately $350m in cash and is expected to close by Q2 2025, subject to regulatory clearances. Flutter said NSX is expected to generate approximately $256m in revenue and $34m in adjusted EBITDA in 2024 on a standalone basis.
DraftKings lowered its full-year 2026 revenue guidance to $6.35 billion-$6.55 billion, from $6.5 billion-$6.9 billion previously, and reported a third-quarter adjusted EBITDA loss of $317 million. The company said more than 1.6 million customers had used its predictions offering year-to-date and expected 2026 predictions investment of at least $650 million; its shares fell about 22% in Thursday after-hours trading after the results.
Flutter chief executive Dan Taylor said FanDuel’s prediction-markets product had improved after investment and changes to its event-contract supplier. Flutter reported that FanDuel Predicts recorded $119m in volume in Q3, up 102% from Q2, and had 140,000 active users in October.
Flutter said FanDuel Predicts took $119m in volume in Q3, up 102% on Q2, and had 140,000 active users in October. October volume was 271% higher than in July.
Flutter Entertainment reported a net loss of $1.15bn for the three months ended 30 September, compared with $789m a year earlier. It recorded an $873m non-cash charge relating to Brazil and said it closed its Brazilian operations on 26 September after a provisional measure banned online betting and gaming.
Flutter Entertainment reported that its Southern Europe & Africa division generated $836 million in revenue in the third quarter of 2026, up 13% year on year. The company said iGaming revenue rose 17% to $573 million, while sports betting revenue increased 3% to $252 million.
Flutter Entertainment's Southern Europe & Africa division reported revenue of $836m for Q3 2026, up 13% from $743m in the same period of 2025. At constant exchange rates, the increase was 14%. The figures come from the group's financial results published on 4 November 2026, covering the quarter ended 30 September.