Tag Archives: Paddypower

Flutter cuts guidance on unfavourable sports results

Paddy Power owner Flutter Entertainment said its revenues rose by 12% to £1.439 billion from £1.325 billion Paddy Power, Betfair and Fanduel owner Flutter Entertainment has cut its full year profit guidance, sending its shares sharply lower after gamblers enjoyed a winning streak in October. The world’s largest online betting group said it expects full-year adjusted EBITDA of between £1.24 ...

Read More »