Paddy Power-owner Flutter sees revenue jump to €2.7 billion as US market grows by 92%

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Flutter Entertainment - the group that owns Paddy Power - has seen an increase in revenue by 54 per cent year-on-year to £2.4 billion (€2.7 billion) in the first three months of 2023.

Flutter Entertainment’s revenues jumped 54 per cent year-on-year to £2.4 billion in the first three months of 2023.

The group, which owns Paddy Power, said it experienced “strong” recreational customer growth across all divisions. The gambling giant had average monthly players of 12.3 million, up 30 per cent year-on-year, according to a trading update from the company. In turn, revenue increased to £2.4 billion in the three months to 31 March 2023, from ...

 

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