Flutter profit falls after run of customer-friendly results

1st Mar 2022 07:39

(Sharecast News) - Flutter's underlying annual profit fell as the gambling group was hit by a string of punter-friendly sporting results in the UK and Ireland.

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Flutter acquires online gaming operator Sisal

23rd Dec 2021 07:01

(Sharecast News) - Bookmaker Flutter has acquired Italian online gaming operator Sisal from CVC Capital Partners Fund VI for €1.91bn in cash.

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Entain and Flutter drop after call for gambling reform

24th Nov 2021 09:30

(Sharecast News) - Shares of Entain and Flutter fell after more than 160 UK parliamentarians called for online betting limits to protect children from gambling.

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Flutter calls bingo as it buys Tombola for £402m

18th Nov 2021 07:27

(Sharecast News) - Gambling firm Flutter Entertainment said it had bought UK bingo operator Tombola for £402m.

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Berenberg ups Flutter Entertainment to 'buy' after share price weakness

5th Nov 2021 08:45

(Sharecast News) - Berenberg upgraded Flutter Entertainment to 'buy' from 'hold' on Friday, saying the pullback in the shares following recent results offers an attractive entry point, with around 18% upside to the current share price.

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Flutter cuts FY earnings guidance, cites unfavourable sports results

2nd Nov 2021 07:53

(Sharecast News) - Paddy Power owner Flutter Entertainment reported a jump in third-quarter revenue on Tuesday but downgraded its earnings guidance for the year due to unfavourable sports results last month and its Netherlands exit.

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Flutter Entertainment settles Kentucky legal dispute

22nd Sep 2021 07:54

(Sharecast News) - Flutter Entertainment said on Wednesday that a legal dispute with the Commonwealth of Kentucky has now been settled in full, as it updated investors on its Australian division, Sportsbet.

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Sunday newspaper round-up: Melrose Industries, Rolls Royce, Flutter Entertainment

5th Sep 2021 17:18

(Sharecast News) - The boss of one of Britain's major engineering groups has urged ministers not to intervene in a flurry of US takeovers of British companies, saying the UK must protect its reputation as an open, trading economy. Simon Peckham, chief executive of the FTSE 100 giant Melrose Industries, said that rather than fretting over British corporate gems being owned by foreign buyers, the UK should be encouraging home-grown firms to buy up companies abroad. - Sunday Times

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RBC Capital hikes price target on Flutter Entertainment

11th Aug 2021 13:39

(Sharecast News) - RBC Capital Markets lifted its price target on Paddy Power Betfair owner Flutter Entertainment on Wednesday following the company's half-year results a day earlier.

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Wednesday broker round-up

11th Aug 2021 12:21

(Sharecast News) - Hargreaves Lansdown: Berenberg stays at 'buy' but lowers target price from 2,000.0p to 1,850.0p.

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Flutter earnings soar as sporting events reopen

10th Aug 2021 07:06

(Sharecast News) - Flutter's first-half earnings rose 75% as the gambling group benefited from the acquisition of Stars in the US and restoration of sporting events as the Covid-19 crisis eased.

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Flutter earnings soar as sporting events reopen

10th Aug 2021 07:06

(Sharecast News) - Flutter's first-half earnings rose 75% as the gambling group benefited from the acquisition of Stars in the US and restoration of sporting events as the Covid-19 crisis eased.

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Thursday broker round-up

22nd Jul 2021 12:03

(Sharecast News) - EasyJet: Berenberg keeps at 'hold' but reduces target price from 1,000.0p to 930.0p.

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Flutter brings down cost of debt through refinancing

19th Jul 2021 08:06

(Sharecast News) - Gambling firm Flutter has completed a debt refinancing, it announced on Monday, that will reduce its effective cost of debt and provide it with additional liquidity, enhancing its financial flexibility.

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Monday broker round-up

5th Jul 2021 13:13

(Sharecast News) - Flutter Entertainment: Deutsche Bank upgrades to buy with a target price of 16,287p.

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