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Flutter Entertainment has released its Q4 2023 Trading Update, highlighting consolidation of its US sports leadership position and in-line performance of its group ex-US.
Flutter has posted a 25% increase in group revenue to £9.51bn for 2023, driven by a 38% rise in revenue from operations in the US.
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Company will maintain dual listing in London
Flutter Entertainment said further progress in its US business helped push group revenue up 7.6% to £2.04bn in Q3.
Gambling conglomerate Flutter Entertainment lowered its expectations for the year on Thursday, with adjusted EBITDA now expected to be £1.44bn, at the bottom end of its previously-guided range of £1.44bn to £1.6bn.