Flutter Entertainment plc (PPB)

Profile

https://www.flutter.com

Flutter Entertainment plc is an Irish-American multinational sports betting and iGaming operator, recognized as the world's largest online betting company by revenue. Formed through key mergers like Paddy Power and Betfair in 2016, it rebranded in 2019 and expanded via acquisitions including The Stars Group in 2019, bringing brands like PokerStars and Sky Betting & Gaming. Its portfolio features iconic brands such as FanDuel (dominant in the US), Paddy Power, Betfair, Sportsbet in Australia, Sisal in Italy, and Tombola, operating across over 100 regulated markets on six continents. Structured into US and International divisions, Flutter employs a federated model for regional autonomy, leveraging technology from partners like Scientific Games and emphasizing safer gambling with dedicated teams and analytics. With operational headquarters in New York and registered office in Dublin, it holds licenses from bodies like the UK Gambling Commission and US state regulators, playing a pivotal role in the global casinos and gaming sector through innovation and market leadership.