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Flutter Entertainment widens loss despite strong revenue growth in 2021

1st March 2022 10:57 am GMT
Flutter Entertainment

London-listed betting and gaming operator Flutter Entertainment has reported group revenue of £6.04bn for 2021, with strong growth in sports offsetting flat gaming revenue.

Flutter’s full year revenue increased by 37 per cent year-on-year on a reported basis, with the company benefiting from a full year’s contribution from The Stars Group (TSG) following its acquisition in May 2020.

On a proforma basis, revenue increased by 15 per cent year-on-year, or 17 per cent in constant currency terms, [...]

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