Paddy Power Archives - UK Investor Magazine https://ukinvestor.foxrobinson.com/tag/paddy-power/ Thu, 29 Apr 2021 08:36:55 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.3 Paddy Power owner cashes in amid online gambling boom https://ukinvestor.foxrobinson.com/paddy-power-owner-cashes-in-amid-online-gambling-boom/ https://ukinvestor.foxrobinson.com/paddy-power-owner-cashes-in-amid-online-gambling-boom/#respond Thu, 29 Apr 2021 08:36:53 +0000 https://ukinvestor.foxrobinson.com/?p=37905

Flutter Entertainment said its betting revenues grew by 43% Revenues at Flutter Entertainment (LON:FLTR), owner of Paddy Power, have grown by 32% to £1.485m in the first three months of 2021, the company revealed on Thursday. The Dublin-based FTSE 100 company form said that its sports betting revenues grew by 43% to £896m, while gaming […]

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]]> https://ukinvestor.foxrobinson.com/paddy-power-owner-cashes-in-amid-online-gambling-boom/feed/ 0 Flutter Entertainment posts strong Q3 results, shares rise https://ukinvestor.foxrobinson.com/flutter-entertainment-strong-q3-shares/ https://ukinvestor.foxrobinson.com/flutter-entertainment-strong-q3-shares/#respond Wed, 11 Nov 2020 16:25:55 +0000 https://ukinvestor.foxrobinson.com/?p=32557

Shares in Flutter Entertainment (LON: FLTR) were up over 5% on Wednesday after it posted strong Q3 results. The group, which owns Betfair and Paddy Power, posted a 32% increase in sports betting revenues whilst gaming revenues rose 21%. In Australia, revenue soared 76%. Flutter Entertainment posted a better-than-forecast new customer acquisition of over 450,000 […]

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]]> https://ukinvestor.foxrobinson.com/flutter-entertainment-strong-q3-shares/feed/ 0 Flutter Entertainment shares rise despite 70% loss https://ukinvestor.foxrobinson.com/flutter-entertainment-shares-loss/ https://ukinvestor.foxrobinson.com/flutter-entertainment-shares-loss/#respond Thu, 27 Aug 2020 07:50:16 +0000 https://ukinvestor.foxrobinson.com/?p=30683

Flutter Entertainment (LON: FLTR) profits fell 70% in the first half of the year amid the pandemic. The owner of gambling firms Betfair and Paddy Power saw profits sink from £81m in 2019 to £24m in 2020 as most major sports events have been canceled. Despite the fall in profits, Flutter Entertainment shares opened higher […]

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]]> https://ukinvestor.foxrobinson.com/flutter-entertainment-shares-loss/feed/ 0 Flutter Entertainment face £110 million hit as global sporting events are cancelled https://ukinvestor.foxrobinson.com/flutter-entertainment-face-110-million-hit-as-global-sporting-events-are-cancelled/ https://ukinvestor.foxrobinson.com/flutter-entertainment-face-110-million-hit-as-global-sporting-events-are-cancelled/#respond Mon, 16 Mar 2020 10:38:08 +0000 https://ukinvestor.foxrobinson.com/?p=28074

Flutter Entertainment PLC (LON:FLTR) have told the market that its’ full year earnings could be affected by the outbreak of the coronavirus, which has seen shares dive into red. Shares in Flutter Entertainment trade at 5,748p (-11.24%). 16/3/20 10:30BST. The firm noted that it could face a £110 million hit – if global governments continue […]

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]]> https://ukinvestor.foxrobinson.com/flutter-entertainment-face-110-million-hit-as-global-sporting-events-are-cancelled/feed/ 0 William Hill acquires Mr Green for £242m https://ukinvestor.foxrobinson.com/william-hill-acquires-mr-green-for-242m/ https://ukinvestor.foxrobinson.com/william-hill-acquires-mr-green-for-242m/#comments Wed, 07 Nov 2018 14:50:05 +0000 https://ukinvestor.foxrobinson.com/?p=16057

Bookmaker William Hill Plc (LON:WMH) may not be enjoying the same prosperity as their counterparts Paddy Power Betfair Plc (LON:PPB), but is reeling off the back of a successful round of negotiations to acquire Swedish-based online gambling group, Mr Green (SS:MRG). After announcing its partnership with Eldorado Resorts earlier in the year, the firm announced […]

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