Noticias de la Cámara

Flutter Entertainment exceeds expectations with surge in revenue growth | Flutter

24/11/2020 flutter_logo_web

Flutter Entertainment said its performance in the third quarter of the year had exceeded expectations as the gambling giant attracted increased numbers of customers.

The owner of Betfair, PokerStars and Sky Bet reported that group revenue had increased by 30 per cent to £1.3 billion for the period in a trading update released on Wednesday morning, with Ebitda for the year outside the US expected to be in the region of  £1.275-1.35bn, an increase of £25 million on the previous guidance. 

Online revenue grew 33 per cent, while average daily customers grew by 41 per cent globally.

Chief executive Peter Jackson said: 'Flutter’s performance in the third quarter exceeded our expectations in sports and gaming. Our strong trading continued as we grew market share in key regions while retaining our commitment to safer gambling practices.'

'We're now a truly global business with significant scale. As such we are in a unique position to respond to the many opportunities we see across our growing markets. Looking ahead, while the outlook with respect to Covid-19 remains uncertain, we're confident our business is well positioned to capture further growth in a sustainable and responsible way.'


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