Flutter Entertainment

Completion of Sisal acquisition follows strong H1 performance

  • Sectors : Gaming
  • Companies : Flutter Entertainment

Ratings and price correct at time of issue.

  • Flutter Entertainment

    Closing Price: 8694p

  • RATING 08/05/19

  • PREVIOUS RATING 29/08/17



The acquisition of Sisal, now completed, is consistent with Flutter’s strategy of building market-leading positions in key global gaming markets with enticing growth prospects – the deal itself propels Flutter to a leadership position in the structurally attractive Italian online market. Further, it will have a transformational impact on the shape of its International business, with Italy now becoming the largest geography in that division (Sisal should deliver low-double-digit EBITDA growth in 2022). Importantly, that division is now increasingly weighted towards structurally growing markets (alongside other markets such as Canada, Brazil, India, Georgia and Armenia).

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Aug 5 2022, 08:10 IST/BST