Gambling

Flutter boss ‘disappointed’ over California vote rejecting legal sports betting

Jonathan Hill was speaking after Flutter upgraded its full-year outlook in a third quarter update on the back of a 31 per cent increase in overall revenue

A proposal in California to open up mobile sports betting lost by a margin of about 83 per cent to 17 per cent. Picture: Getty

Irish gambling giant Flutter has said it is “disappointed” that citizens in California have voted against proposals to legalise sports betting in what would’ve represented a huge commercial opportunity for the company had the votes last night passed.

Voters in the US state, the largest in the country, opted to maintain a ban on both in-person and online sports betting by a wide margin on two separate votes, according to estimates from the Associated Press ...