Flutter Entertainment PLC FLUT

What this company does

Flutter Entertainment plc offers sportsbook, iGaming and other products, including exchange betting, pari-mutuel wagering, daily fantasy sports and prediction markets in the U.S., through brands such as FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Snai, tombola, Betfair, TVG, Adjarabet, MaxBet and Betnacional. As of December 31, 2025, it had 28,518 employees across 27 countries, with 11% of its total headcount in the United States and the remaining 89% outside the United States. For fiscal 2025, 53% of its revenue was derived from sportsbook, 44% from iGaming and 3% from other products, with 88% of Group-level revenue generated from online businesses, complemented by 1,127 retail shops mainly in the United Kingdom, Ireland, Italy and Serbia. The company reports its consolidated financial statements based on two reportable segments: U.S. and International, the latter including what was formerly its UKI, International and Australia segments. Its global operational headquarters is at One Madison Avenue, New York, New York. The company was originally incorporated and registered in Ireland as a private limited company on April 8, 1958, under the name Corcoran's Management Limited. It was formed in 1988 through the merger of three independent bookmakers, including Corcoran's Management Limited. It later changed its name to Flutter Entertainment plc on May 28, 2019.

Written from the business description in Flutter Entertainment plc's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.