Finance

Flutter hails operational progress as H1 pro forma revenue hits £3bn

FTSE 100 behemoth reports 221% rise in gross profit with US pro forma revenue up 159% driven by FanDuel sports betting

Flutter Entertainment has reported a 30% year-on-year pro forma revenue rise in constant currency to £3bn for the first half of 2021. Releasing its H1 financial results, the FTSE 100 operator reported a 2% annual decline in adjusted EBITDA for all operations to £684m, excluding the US. However, with the US segment led by FanDuel…

Australia | FanDuel Group | Finance | Flutter Entertainment | H1 2021 | Paddy Power Betfair | Q2 2021

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