Flutter Entertainment Unveils Ambitious Growth Plan and $5bn Share Buyback

Flutter Entertainment, the world's leading online sports betting and iGaming operator, has outlined an ambitious long-term growth plan and authorized a share repurchase program of up to $5bn. The company will host an investor event to introduce medium-term 2027 guidance and the share repurchase program.

Flutter holds unparalleled leadership positions in the US and Rest of World (ROW) through a diversified portfolio of market-leading brands. These brands benefit from the Flutter Edge, which includes product and technology advantages, vast expertise, and global scale. This differentiator enables local brands to leverage global capabilities while retaining their local focus and challenger mindset.

Flutter's total addressable market is $368bn in regulated gross gaming revenue with an 8% compound annual growth rate. The company expects to deliver approximately $21bn in revenue by 2027, with a 14% compound annual growth rate. Flutter's Adjusted EBITDA margin is expected to expand by 700 basis points to approximately 25% by 2027, with free cash flow generation of approximately $2.5bn in 2027.