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Flutter Entertainment shares slide as customer-friendly results hit margins

2nd November 2021 10:31 am GMT
Flutter Entertainment

London-listed betting and gaming operator Flutter Entertainment has reported a 9 per cent increase in revenue to £1.44bn in the third quarter of 2021, boosted by a 13 per cent rise in average monthly players.

On a constant currency basis, revenue climbed by 12 per cent year-on-year, driven by continued strong growth in the US and Australia, which offset declines in the UK, Ireland and internationally. Total sports revenue increased by 17 per cent to $906m, [...]

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