BBC Match of the Day decision to cost bookies a triple payout Sport Business The BBC will bash the bookmakers if, as expected, it names Kelly Cates, Gabby Logan and Mark Chapman as the successors to Match of the Day presenter Gary Lineker. Multiple betting firms offered markets on which host would replace Lineker when he vacates the hotseat after a quarter of a century in the job at [...]
Flutter: Paddy Power owner slashes loss as US sales double Business Gambling giant Flutter Entertainment, whose brands include the likes of Paddy Power and Betfair, slashed its net loss during its latest quarter as its US sales doubled. The group’s total revenue for the third quarter of 2024 rose by 27 per cent from £2.558bn to £3.248bn while its adjusted earnings before interest, tax, depreciation and [...]
Paddy Power and Betfair owner Flutter in talks for £2bn Snaitech deal Business Paddy Power and Betfair owner Flutter Entertainment is in talks to buy Italian gambling company Snaitech, the consumer division of Playtech, in a deal that could be valued at around £2bn. “Playtech confirms it is in discussions with Flutter and has granted Flutter a period of exclusivity to complete due diligence and finalise the necessary [...]
Flutter Entertainment: Paddy Power and Betfair owner ups guidance as US demand soars August 14, 2024 Flutter Entertainment, the gaming giant behind Paddy Power and Betfair, has upped its guidance amid booming demand from its US audience. The Dublin-headquartered firm, which is listed in New York but has a secondary listing in London, has projected a 20 per cent year-on-year increase in group revenue and a 34 per cent rise in [...]