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Flutter Entertainment Shows Good Growth In Q3 Revenue Report

November 14, 2022 2


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Flutter Entertainment Shows Good Growth In Q3 Revenue Report

Flutter Entertainment has just unveiled their Q3 revenue report showing a 31% increase from Q3 2021. The company reported revenue of £1.89 billion which translates to $2.18 billion. Flutter attributes most of its success to a quickly expanding U.S. market that grew 82% to £598 million as well as their acquisition of Sisal. Of the revenue reported, £1.14 billion was from sports revenue and gaming revenue followed with £748 million. A quote from the Flutter’s Chief Executive states, “We are really pleased with our performance in our US division since the start of the NFL in September where we are now averaging over 1m players on a regular NFL Sunday. In addition, we are seeing an increase in customer retention rates as our parlay products continue to grow in popularity, boosted by the start of the NBA season.”

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