{"id":44765,"date":"2021-03-02T08:14:12","date_gmt":"2021-03-02T08:14:12","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=44765"},"modified":"2021-03-02T08:14:12","modified_gmt":"2021-03-02T08:14:12","slug":"flutter-post-soaring-annual-revenues-of-4-4-billion","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/flutter-post-soaring-annual-revenues-of-4-4-billion\/","title":{"rendered":"Flutter Post Soaring Annual Revenues Of \u00a34.4 Billion"},"content":{"rendered":"

\"\"Flutter Entertainment<\/a> reported their full year results<\/a> with revenues soaring to \u00a34.4 billion compared to \u00a32.1 billion in 2019, however pre-tax profits were down from \u00a3136 million the previous year to just \u00a31 million in 2020.<\/p>\n

The fall in profits<\/a> was put down to costs in the \u00a39.3 billion merger with the Stars Group.<\/p>\n

Peter Jackson, CEO of Flutter Entertainment, said on the latest results: \u201cWe delivered a very strong financial performance in 2020, benefiting from our scale and diversification,\u201d Jackson went on to say, \u201cWe continue to grow our recreational player base across all key regions, in Q4 alone the Group had over 7.6m monthly online players.\u201d<\/p>\n

Flutter which owns businesses such as Sky Bet, Betfair and Paddy Power has recently announced it is handing over \u00a314 million<\/a> or \u00a31,000 to each of their employees as a thank you for their hard work during the COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"

Flutter Entertainment reported their full year results with revenues soaring to \u00a34.4 billion compared to \u00a32.1 billion in 2019, however pre-tax profits were down from \u00a3136 million the previous year to just \u00a31 million in 2020. The fall in profits was put down to costs in the \u00a39.3 billion merger with the Stars Group. Peter […]<\/p>\n","protected":false},"author":3,"featured_media":38357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,11,3,8],"tags":[],"class_list":["post-44765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe","category-headlines","category-igaming","category-latest"],"yoast_head":"\nFlutter Post Soaring Annual Revenues Of \u00a34.4 Billion - 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-post-soaring-annual-revenues-of-4-4-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flutter Post Soaring Annual Revenues Of \u00a34.4 Billion - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Flutter Entertainment reported their full year results with revenues soaring to \u00a34.4 billion compared to \u00a32.1 billion in 2019, however pre-tax profits were down from \u00a3136 million the previous year to just \u00a31 million in 2020. The fall in profits was put down to costs in the \u00a39.3 billion merger with the Stars Group. 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