Flutter Entertainment

Flutter Entertainment

Peer-to-peer betting site. Learn more

Launch date
Employees
Market cap
€27.1b
Enterprise valuation
€30.5b (Public information from Sep 2024)
Company register number 03855990
Dublin County Dublin (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2020202120222023202420252026
Revenues4.4b6.0b7.7b9.3b8.3b9.3b10.2b
% growth106 %37 %27 %21 %(11 %)12 %11 %
EBITDA886m933m1.1b1.5b1.5b1.8b2.2b
% EBITDA margin20 %15 %14 %16 %18 %20 %22 %
Profit37.9m(416m)(302m)(968m)158m608m786m
% profit margin1 %(7 %)(4 %)(10 %)2 %7 %8 %
EV / revenue5.0x2.9x2.4x2.3x3.0x2.6x2.2x
EV / EBITDA25.0x18.7x17.2x14.5x16.9x13.2x10.3x

Source: Dealroom estimates

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DateInvestorsAmountRound

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Seed

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Seed

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Merger

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-
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IPO

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Merger
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IPO
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N/A

$1.0b

Post IPO Debt
Total Funding-

Recent News about Flutter Entertainment

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More about Flutter Entertainmentinfo icon
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Flutter Entertainment is a global leader in the online sports betting and iGaming industry, serving millions of players across the world. The company operates a diverse range of innovative and distinctive brands, including FanDuel, Paddy Power, Betfair, and PokerStars, among others. Flutter's business model focuses on providing a comprehensive and engaging betting and gaming experience, leveraging its extensive portfolio to attract and retain customers. The company generates revenue primarily through sports betting, casino games, poker, and other online gaming activities. Flutter's market presence spans multiple regions, with a significant footprint in Europe, North America, and Australia. The company is committed to responsible gaming and sustainability, integrating these principles into its operations to ensure long-term growth and positive impact. Flutter's recent US listing has opened up access to deeper capital markets, fueling its next stage of growth and innovation. The company's strategic focus includes expanding its market share, enhancing customer experience, and driving industry-leading standards in corporate governance and sustainability.

Keywords: sports betting, iGaming, FanDuel, Paddy Power, Betfair, PokerStars, online gaming, responsible gaming, sustainability, global leader.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Flutter Entertainment

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Sisal
ACQUISITION by Flutter Entertainment Dec 2021
FanDuel
ACQUISITION by Flutter Entertainment Dec 2020
Kabam
ACQUISITION by Netmarble Dec 2016
Snaitech
ACQUISITION by Flutter Entertainment Sep 2024
Tombola
ACQUISITION by Flutter Entertainment Nov 2021
MaxBet
ACQUISITION by Flutter Entertainment Sep 2023
NSX Group
ACQUISITION by Flutter Entertainment Sep 2024