Shares in Flutter Entertainment, the parent company of Paddy Power, Betfair and Sky Bet, fell sharply on Tuesday as safer gambling measures and a run of punter friendly sports results hit profits.
Flutter Entertainment (FLUT) sharply cut its full-year profit growth forecast this week after once again reporting that customer-friendly outcomes worked against it. Customer-friendly sports results ...
Shares in betting group Flutter Entertainment tumbled as it slashed its full-year profit guidance after gamblers enjoyed a winning streak and it had to suspend its operations in the Netherlands. The ...
Shares in Paddy Power owner Flutter Entertainment slid nearly 8% on the back of the betting group saying it now expects to post lower profits this year than initially anticipated. Flutter managed to ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Flutter, the owner of FanDuel and Paddy Power, has said that a crackdown on high-spending gamblers and stricter ...
Investing.com – UK gambling companies were trading lower on Wednesday morning after a report in the Telegraph suggested that gamblers could be limited to maximum £2 online bets with a £100 monthly ...
Flutter - the betting firm behind Paddy Power and Betfair - blamed higher taxes and a Government crackdown on Fixed Odds Betting Terminals (FOBT), for a slump in its profits in the first half of the ...