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Flutter slips to 2020 loss as Stars’ acquisition weighs on bottom line

2nd March 2021 9:22 am GMT
Flutter Entertainment

London-listed Flutter Entertainment has posted a 106 per cent increase in reported group revenue to £4.4bn in 2020, including results from The Stars Group (TSG) from May.

On a pro forma basis, which includes TSG’s results for both 2019 and 2020, group revenue was up 27 per cent year-on-year to £5.26bn in 2020, with online revenue climbing 35 per cent to £5.04bn.

“2020 was an historic year for the Group as we completed our merger with TSG, [...]

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