Companies

Paddy Power-owner Flutter sees revenue jump to €2.7 billion as US market grows by 92%

The gambling giant said its Irish and British division continues to outperform the market

Flutter CEO Peter Jackson Picture: Fergal Phillips

Flutter Entertainment’s revenues jumped 54 per cent year-on-year to £2.4 billion (€2.7 billion) in the first three months of 2023.

The group, which owns Paddy Power, said it experienced “strong” recreational customer growth across all divisions.

The gambling giant had average monthly players of 12.3 million, up 30 per cent year-on-year, according to a trading update from the company. In turn, revenue increased to £2.4 billion in the three months to 31 March 2023, from ...