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.
The revenue split shows investors and operators that iGaming grew faster than sports betting in Flutter’s Southern Europe and Africa division.
Quarter ended 30 June 2026
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Amelco has launched Amplify, an AI development platform intended to let betting operators build and deploy product changes using prompts, according to the company’s founder and chief executive, Damian Walton. The article says the system can generate code and handle testing and deployment across apps, websites and back-office systems.
Amelco has launched Amplify, an AI development platform that the company says allows betting operators to build, test and deploy product changes by prompting the system. According to Amelco founder and chief executive Damian Walton, the platform generates code and handles testing and deployment across apps, websites and back-office systems. Amelco's clients include Fanatics, Hard Rock Bet, Flutter and Entain.
Flutter said it will withdraw Betfair Exchange from Italy because recent regulatory changes made the product commercially unsustainable. The company also plans to end Betfair Sportsbook and Casino operations in the country, while its Italian affiliate programme is due to close on 31 October 2026; no date has been given for ending customer services.
Flutter Entertainment has confirmed that Betfair will leave the Italian market, with the company attributing the decision to recent regulatory changes that it says have made the Exchange product no longer commercially sustainable. The confirmation was given in an official statement to a specialist trade outlet on 25 October. No date has been set for the end of customer services, and the company has not indicated how customer accounts will be managed or closed.
Betfair reportedly plans to leave Italy, with its affiliate programme due to end on 31 October 2026. A report citing company sources says anticipated regulatory changes could make the Exchange service commercially unsustainable, and that Betfair’s Sportsbook and casino operations are also expected to cease. No operational closure date has been announced.
Betfair is reportedly preparing to leave the Italian market, starting with the end of its affiliate programme on 31 October 2026. According to a report citing company sources, planned regulatory changes would make the Italian Exchange service no longer commercially sustainable, and Flutter has decided to cease Betfair Sportsbook and casino operations in the country as well. No operational closure date for the gambling services has been announced.
BetGoodwin is reportedly considering an initial public offering on London's AIM market that could value the online bookmaker at around £80m, Sky News reported. The company has reportedly engaged Allenby Capital to advise on the potential listing. The move would come as shares in Entain and Rank Group have fallen sharply in 2026.
Sky News has reported that the online bookmaker BetGoodwin may pursue an initial public offering on London's AIM market, with a possible valuation of roughly £80m. Independent investment bank Allenby Capital has reportedly been engaged to advise on any listing. According to the source, "The company has not confirmed the plans and declined to comment on the reports."
Flutter, owner of Paddy Power, Sky Bet and FanDuel, announced on Tuesday it will cut about 15% of its workforce in the UK and Ireland, affecting up to 1,400 staff. The company said the restructuring responds to steep online gambling tax increases announced in last November's UK Budget. Flutter put the reorganisation cost at $80m to $90m.
Flutter, the owner of Paddy Power, Sky Bet and FanDuel, announced on Tuesday that it will reduce about 15% of its workforce in the United Kingdom and Ireland. The restructuring could affect up to 1,400 employees.