iGaming

Flutter To Offload Oddschecker Business

Flutter Entertainment the owner of brands such as Betfair and Paddy Power is reported to be looking into the sale of its Oddschecker brand.

Sky News reported over the weekend the gambling giant is now working with an investment bank to deliver a sale of the betting comparison site which has seen a fall in betting sites on the platform since Flutter acquired Oddschecker.

The main company being Entain, who decided to depart following the acquisition by Flutter who is in direct competition with brands Ladbrokes and Coral.

Oddschecker was founded in 1999 but has changed ownership several times since then, it is understood that Oddschecker could fetch up to £150 million for Flutter.

Flutter want to focus more on its sportsbetting and igaming brands with the company looking at a possible partial flotation of it US based Fanduel business.

Debbie

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