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Octoplay launches in Georgia through Adjarabet partnership

Deals & M&A

Octoplay announced a launch in Georgia through a partnership with Adjarabet, bringing its games to Georgian players. The company said the rollout also extends its collaboration with Flutter Entertainment; it reported active licences in 17 jurisdictions, including Georgia.

The launch gives Octoplay access to Georgia through a named local operator and extends its stated Flutter collaboration.

End-of-day close Flutter (FLUT), USD, to 18 June 2026
Story date23 March 202618 June 2026

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

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Flutter weighs FanDuel prediction market spending and profit potential

Flutter Entertainment chief executive Dan Taylor said on its 4 November earnings call that the company expects more clarity in the coming months on the economics of FanDuel Predicts. FanDuel recorded $119 million in trading volume in the third quarter; Flutter expects its market-making operation to generate $50 million in revenue and $40 million in adjusted EBITDA during 2026.

Dan Taylor, Flutter's chief executive, told the third-quarter earnings call on 4 November that the coming months should sharpen the company's view of how its prediction market business makes money. At issue is whether FanDuel Predicts can turn a profit by itself, or can only help recruit customers in states that could later permit online sports betting.

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