Flutter Entertainment Plc Reports Over 10% Revenue Growth In Sports And Gaming Segments

  • Nov 07, 2019 GMT
  • Team Kalkine
  • Flutter Entertainment Plc (FLTR) has released a trading update for the three months ended 30 September 2019.
  • The company reported over 10 per cent growth in revenue of sports and gaming segments.
  • The Sports segment revenue for Q3 2019 stood at £417 million, up by 11 per cent as compared to £375 million in Q3 2018.
  • Gaming revenue for the reported period increased by 18 per cent to £116 million as compared to £107 million in the same period last year.
  • Geography-wise, Australia’s revenues grew by19 per cent, while the US revenues grew by 67 per cent.
  • On 7th November 2019, at the time of writing, GMT 08:07 AM, FLTR shares were trading at GBX 8,162.00, up by 132.00 points or 1.64 per cent against the previous day closing price.

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