{"id":42900,"date":"2020-08-27T07:21:19","date_gmt":"2020-08-27T07:21:19","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=42900"},"modified":"2020-08-27T07:21:19","modified_gmt":"2020-08-27T07:21:19","slug":"flutter-entertainment-post-22-h1-rise","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/flutter-entertainment-post-22-h1-rise\/","title":{"rendered":"Flutter Entertainment Post 22% H1 Rise"},"content":{"rendered":"<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-38357\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2019\/05\/flutter-300x183.jpg\" alt=\"\" width=\"300\" height=\"183\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2019\/05\/flutter-300x183.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2019\/05\/flutter-768x469.jpg 768w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2019\/05\/flutter-1024x625.jpg 1024w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2019\/05\/flutter.jpg 1025w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>The owners of Betfair, Paddy Power and PokerStars, Flutter Entertainment announced their half yearly results with an increase of revenues to \u00a32.4 billion representing a rise of 22% compared to the same period in 2019.<\/p>\n<p style=\"text-align: left;\">Peter Jackson, chief executive of Flutter said on the results and performance: \u201dThe pandemic has been a highly unusual backdrop for completion of our combination with The Stars Group and I would like to take this opportunity to thank all of my colleagues across the enlarged Group for their hard work, commitment and resilience as we have combined to form one team.<\/p>\n<p style=\"text-align: left;\">\u201cThe Group\u2019s first half financial performance exceeded expectations as we benefitted from geographic and product diversification. In the period prior to Covid-19 related disruption, our businesses performed well with strong customer growth and favourable sports results. In the period thereafter, the cancellation of sports and closure of our shops led to reduced sports revenues in the UK and Ireland. However, this was more than offset by an increase in the number of recreational customers playing our poker and gaming products globally, as people sought new forms of home entertainment. In Australia and the US, the continuation of horse racing meant that overall sports revenues grew in both regions.\u201d<\/p>\n<p style=\"text-align: left;\">Flutter has seen its share value rise in recent days and with a five year high of 12,580p per share it values the company at \u00a319.6 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The owners of Betfair, Paddy Power and PokerStars, Flutter Entertainment announced their half yearly results with an increase of revenues to \u00a32.4 billion representing a rise of 22% compared to the same period in 2019. Peter Jackson, chief executive of Flutter said on the results and performance: \u201dThe pandemic has been a highly unusual backdrop [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":38357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,8],"tags":[],"class_list":["post-42900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","category-igaming","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Flutter Entertainment Post 22% H1 Rise - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/flutter-entertainment-post-22-h1-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flutter Entertainment Post 22% H1 Rise - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"The owners of Betfair, Paddy Power and PokerStars, Flutter Entertainment announced their half yearly results with an increase of revenues to \u00a32.4 billion representing a rise of 22% compared to the same period in 2019. 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