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Flutter Entertainment benefits from strong online growth in Q1

29th April 2021 9:58 am GMT

Betting and gaming operator Flutter Entertainment grew first quarter revenue by 32 per cent to £1,485m, despite the covid-related closure of its European retail estate.

Sports betting revenue in the first quarter of 2021 amounted to £896m, an increase of 43 per cent year-on-year, while Gaming revenue improved by 18 per cent to £589m.

The company generated £1,471m of the Q1 revenue total from online, an increase of 41 per cent versus Q1 2020, as retail venues [...]

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