Flutter Entertainment's revenue surged by 18% in the first quarter of 2025
The primary driver of this revenue growth was the performance of the FanDuel sportsbook brand. FanDuel's revenue rose by 15%, fueled by an 8% increase in betting volume, which reached $14.6 billion (₽1.18 trillion). These results allowed the operator to maintain a 43% market share in the U.S. online sports betting sector.
The iGaming segment in the U.S. also delivered impressive results, with revenue soaring by 32% year-on-year to $472 million (₽38.2 billion). The number of players visiting online casinos each month grew by 11%, reaching 4.3 million.
Adjusted EBITDA for the U.S. operations increased more than fivefold, hitting $161 million (₽13 billion). The group's net profit rebounded sharply to $335 million (₽27.1 billion), compared to a loss of $177 million (₽14.31 billion) a year earlier. This turnaround was attributed to operational efficiency and revenue growth, particularly in North America.
Flutter's international business remained stable, with revenue reaching $2 billion (₽161.7 billion) and adjusted EBITDA at $518 million (₽41.9 billion). Sports betting contributed $880 million (₽71.1 billion), while online casinos generated $1.1 billion (₽88.9 billion).
Group CEO Peter Jackson remarked, "FanDuel continues to win in the U.S. Our global scale and technological superiority are being enhanced by the acquisition of Snai in Italy."
Growth in international markets was bolstered by acquisitions such as MaxBet and notable successes in the UK. The company is currently exploring the possibility of participating in a tender for a national lottery license in Italy.
It is worth noting that Flutter Entertainment reported increases in both revenue and net profit for 2024.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
