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Flutter Entertainment May Cut 200 UK Jobs Amid US Success
NewsAugust 29, 2022·1 min read

Flutter Entertainment May Cut 200 UK Jobs Amid US Success


Flutter Entertainment is considering cutting 200 jobs in the UK. The firm will conclude a review in September that began following the $6bn acquisition of Star Group in 2020. Flutter shares jumped 10.5% in one day following better than expected earnings for the first two quarters of 2022.

Flutter Entertainment's FanDuel holds a 51% share of the online sports betting market in the US. The firm recently acquired Italian gaming giant Sisal in a $1.6bn deal, continuing its push for dominance in major gambling markets worldwide.

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Argus Riven

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