Flutter Entertainment
Flutter Entertainment is the world's leading online sports betting and iGaming operator, providing a diverse portfolio of recreational brands across global markets. The company leverages its proprietary technology platform, known as the Flutter Edge, to deliver sportsbook, casino, poker, and lottery products through both digital and retail channels. Its core value proposition centers on scale, data-driven marketing, and a multi-brand strategy to capture growth in regulated gambling markets.
Financials
Based on Q1 2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Sportsbook
primaryFixed-odds wagering on sporting events where the company generates revenue through a theoretical spread (hold) on bets placed. This segment includes traditional sports betting, live in-game wagering, and cash-out options.
FanDuel Sportsbook, Sportsbet, Sky Bet, Paddy Power, Betfair, Sisal, Snai, MaxBet, Betnacional
Retail consumers, Mobile bettors
iGaming
majorDigital gaming products including peer-to-business games of chance like slots and roulette, and peer-to-peer products such as poker. It also encompasses lottery services operated under government concessions.
FanDuel Casino, PokerStars, Sky Casino, tombola, Sisal SuperEnalotto, Junglee Rummy, Adjarabet
Online casino players, Poker enthusiasts, Lottery participants
Other Products
minorSpecialized betting platforms including peer-to-peer betting exchanges, daily fantasy sports, and prediction markets. This segment also includes business-to-business services such as pricing and risk management for other industry operators.
Betfair Exchange, FanDuel DFS, FanDuel Predicts, TVG, FanDuel Racing
Daily fantasy players, Exchange traders, Horse racing bettors, B2B industry partners
Segment Financials
Sportsbook — Revenue
View metricU.S. — Sales & Marketing
View metricU.S. — Number of states, sportsbook availability
View metriciGaming — Revenue
View metricIreland — Revenue
View metricUKI — Revenue
View metricU.S. — Number of states, daily fantasy sports (DFS) offering availability
View metricU.S. — Number of states, online horse racing product availability
View metricBusiness Overview
Competitive Position
Flutter is the global market leader by revenue and active players, maintaining dominant positions in the U.S. via FanDuel and in several European and Australian markets.
Geographies
United States, United Kingdom, Ireland, Italy, Australia, Brazil, Georgia, Serbia
Customer Segments
Mass Market Consumers, Sports Fans, Professional Bettors
Upstream Dependencies
Sports data providers, Third-party casino game developers, Payment processors, Cloud infrastructure providers, Regulatory bodies and licensing authorities
Downstream Customers
Individual recreational bettors, Professional gamblers, B2B sportsbook operators using risk management services
Competitors & Partners
Similar Companies
Partners
CME Group
CME
Partner for FanDuel Predicts and prediction markets platform
Amazon
AMZN
Media and broadcasting partner in the U.S.
Netflix
NFLX
Media and entertainment partner
Comcast
CMCSA
Brand licensing and commercial advertising partner
NBA
Official sports betting and marketing partner
NFL
Official sportsbook and free-to-play partner
MLB
Official sports betting partner
Subsidiaries
FanDuel
U.S. market leader in sports betting and iGaming
PokerStars
Global online poker and iGaming brand
Sisal
Italian lottery and gaming operator
Snaitech
Italian omni-channel betting operator
Sportsbet
Leading Australian online sports betting brand
Betfair
Online betting exchange and sportsbook
Paddy Power
UK and Ireland retail and online bookmaker
tombola
Online bingo and iGaming specialist
Flutter Entertainment FAQ
Common questions about Flutter Entertainment
Flutter Entertainment is the world's leading online sports betting and iGaming operator, providing a diverse portfolio of recreational brands across global markets. The company leverages its proprietary technology platform, known as the Flutter Edge, to deliver sportsbook, casino, poker, and lottery products through both digital and retail channels. Its core value proposition centers on scale, data-driven marketing, and a multi-brand strategy to capture growth in regulated gambling markets.
Flutter Entertainment (FLUT) has a market capitalization of $16.8B and trades on NYSE.
Flutter Entertainment generated $17.0B in trailing twelve-month revenue with a net loss of $543.0M, representing a net margin of -3.2%. Gross margin stands at 44.3%, with free cash flow of $1.2B. These figures are based on the Q1 2026 filing.
Flutter Entertainment's key competitors include DraftKings, Las Vegas Sands Corp., Best Buy Company, Inc.. These companies compete in similar markets and product categories.
Flutter Entertainment has approximately 23,009 employees.