Flutter Entertainment reported revenue growth of 38%
Flutter Entertainment reported revenue growth of 38%
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Flutter Entertainment reported revenue growth of 38%
Gambling giant Flutter Entertainment reported a return to first-half profitability on Wednesday, after a period of substantial growth, particularly in the United States.
Flutter Entertainment has revealed its US business reached a “profitability inflection point” during the first half.
Flutter hauled in $1.1 billion in unaudited revenue in Q1 in the U.S. alone while sports betting profits jumped 116% YoY.
Gambling giant Flutter Entertainment reported a boost in revenue for the first quarter of 2023 as a result of its continued expansion drive in the US. The