News Formal

Flutter’s Irish and UK revenue down 20% | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Revenues at Flutter’s Irish and UK business fell by 20 per cent in the first quarter of the year as the group was hit by a slower return by customers to the bookies, peterodwyer1 reports.

Flutter reported a 6 per cent increase in total group revenues driven by a strong performance in the US where revenues jumped by 45 per cent year-on-year. Picture: Roger Utting

Revenues at Flutter’s Irish and UK business fell by 20 per cent in the first quarter of the year with a slower return of Irish customers to physical betting offices partly to blame for the dip in income. The gambling giant’s business in Ireland and Britain was hit by the impact of safer gambling measures it has introduced coupled with less favourable sporting results compared to the first quarter of last year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wayflyer backer is impressed by other Irish firms and keen to invest | Business PostLeft Lane Capital, the New York-based venture capital and growth equity firm that last year led a multimillion-euro funding round for tech unicorn Wayflyer, is keen to back other Irish companies, chastaylor reports.
Source: businessposthq - 🏆 8. / 71 Read more »