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Mar 2 2023, 07:15 GMT
The standout feature of Flutter’s FY22 results is the stellar performance in the highly attractive US market. Market share in Online Sports Betting was 50% in Q4 as the group compounded its position and, encouragingly, it also increased its share in iCasino. Group revenue was up strongly year-on-year (+22%), driven by US growth and acquisitions. Group EBITDA was within the guided range despite adverse sporting results in December. With good momentum in a number of its key divisions, the benefit of global diversification and scale and an increasingly recreational player base, the future is bright.
Mar 2 2023, 07:15 GMT