"The transaction is subject to customary regulatory clearances and is expected to close in the first quarter of 2024.”
Flutter employs around 2,000 retail and office staff in Leeds. In a trading update published last month, Flutter said the first half of 2023 had marked a pivotal moment for the group, with the US business “now at a profitability inflection point” which was helping to transform its earnings profile. Speaking in August, Mr Jackson said: “ With our divisions and their brands benefitting from the competitive advantages provided by the Flutter Edge, group performance in the period was very strong.
“The US delivered another exceptional performance. We acquired over two million new players in the period, cemented our leadership position in sports and grew our share in iGaming to 23 per cent.