Investor Kenneth Dart acquired a 5.6% stake in Flutter Entertainment through Candle Lake Ltd, according to the report. The report says the transaction was completed on Monday, 1 December, but does not state its purchase price in the provided text.
Dart’s reported stake gives investors a disclosed major shareholding in Flutter.
Quarter ended 30 September 2026
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Better Collective’s shares fell 37.16% over five days following Brazil’s betting ban announcement. Flutter’s shares declined 11.52% over the same period. It was reported that Better Collective estimated a €15m impact for the rest of 2026 and suspended its 2027 guidance.
Better Collective's share price fell 37.16% over five days following the announcement of a provisional measure to ban online gambling in Brazil, according to share price data cited in a report on 29 September 2026. The report said the decline came five days after President Lula's announcement and ahead of the first round of the election on 4 October.
Sportradar and Flutter both cut guidance in the week of 3 to 7 August, a period that saw declines across European gambling stocks. Rank's shares continued to recover over the same week, the outlet reported.
It was reported that a mandatory takeover clock at Evolution and a rebound at Flutter drove the week's biggest gains in gambling stocks for 27-31 July. BetMGM weighed on performance, according to the report.
Reportedly, Sportradar shares fell 6.93% to $14.38 in the week to 17 July 2026, as litigation notices kept the securities case in view. Entain rose 1.45% and Rank gained 1.38%, while Playtech and Flutter also declined.
Random Systems Georgia (RSG), the government-appointed gambling regulator, confirmed Georgia's international iGaming licence regime has moved from a pilot to full rollout. The framework began as a pilot in July 2026; its offer includes a five-year licence and a stated combined charge of 6% of gross gaming revenue, while further operator-term changes may be announced in October, according to the report.