I am pleased with @FlutterEnt’s performance in the first quarter of 2025, which demonstrates that we are delivering against our strategic priorities. The rapid scaling of our US business is driving a step change in the earnings profile of the Group.
During the quarter, our Average Monthly Player base increased 8% to almost 15 million, driving Group revenue and Adjusted EBITDA growth of 8% and 20%, respectively.
@FanDuel continues to win in the US, powered by our world-class customer proposition. Despite customer friendly results, revenues increased by 18% with AMPs up 11% to 4.3 million.
This performance underpins our clear leadership position in both Online Sports Betting - where FanDuel accounted for 48% NGR (Net gaming revenue) of the market; and iGaming, where we increased our GGR (Gross Gaming Revenue) market share leadership to 27% in the quarter.
Outside of the US, performance across our International division continues to be strong, benefiting from our scale and diversification. We were delighted to welcome Snai into the Group last week, adding further scale in Italy and allowing us to capitalize on the growth opportunity in Europe’s largest regulated market.
With a total addressable market of $368bn globally, we believe we have a long runway of future growth, so we’re excited about the opportunities ahead.
As always, I’d like to thank our talented colleagues for their hard work and commitment in helping us to Change the Game.
For Information on non-GAAP financial measures and their GAAP reconciliations, or to find out more about the company and its business, please see our first quarter 2025 earnings report at: https://t.co/Y1uYAjoYUg
#FlutterEarnings #ChangingTheGame
I was delighted to join @jimcramer on @CNBC Mad Money to talk about @FlutterEnt’s Q4 earnings last week. We explored how technology and our laser focus on product innovation is enabling our brands to lead in markets all over the world.
In the US we reported that @FanDuel has extended its lead as the #1 for sports betting and claimed the gold medal for iGaming too 🏆
Achieving and maintaining market leadership is dependent on our ability to challenge ourselves and innovate to consistently bring players the most compelling customer proposition. Our Flutter Edge enables this, with its unique competitive advantages across Product, Technology, Expertise and Scale, delivering a symbiotic relationship between our brands and the sharing of expertise company wide. This is how we differentiate ourselves and empower local brands with the benefits of the Flutter Group.
I’m excited to build on this strong momentum into the rest of the year, working alongside our talented colleagues around the world.
Read the full earnings here: https://t.co/Z1cqayljcJ
#FlutterEarnings #ChangingTheGame
Introducing The BIG 180 campaign.
❌So we're not turning the treble 20 green.
✅Instead, we're donating £1,000 to @ProstateUK for every 180 at the Paddy Power World Darts Championship.
There were 901 last year.
@OfficialPDC | 🔞18+ BeGambleAware
🚨#RyderCup Payout🚨
This could end up looking really stupid…
But Europe raced into a big Ryder Cup lead so we are paying out on Pre tournament bets on Europe in the outright market.
Paid as cash, Singles only
No max stake, Online & Retail bets.
🔞18+ BeGambleAware
The first half of 2023 marks a pivotal moment for Flutter, as we delivered strong revenue growth, recreational player acquisition and progress against our strategic goals. We're changing the game.
See the full results: https://t.co/JczWtBiqZo
#FlutterResults#FlutterEdge
BREAKING: The Premier League have taken another look at Leeds' 2nd goal, and have disallowed it because of Jesse Marsch celebrating with the Ali G 'booyakasha' finger snap.
Things more likely to happen according to the odds:
- Arsenal to win the 2022/23 Premier League
- Kim Kardashian to win the 2024 US Presidential election
Today we've launched our new sustainability strategy, the Positive Impact Plan. Focussed on three key areas – our customers, colleagues and communities – the plan brings together significant progress from across Flutter’s brands.
https://t.co/zNenVZA95I