Flutter Entertainment lands on TIME’s most influential companies list

Finance News

Flutter Entertainment has featured on TIME’s list of the top 100 most influential companies 2024.

The news magazine published its 2024 list on Thursday morning. It includes businesses from a wide variety of industries, ranging from Selena Gomez’s Rare Beauty to vacation rental platform Airbnb to viral cup brand Stanley.

TIME compiles its 100 Most Influential Companies list by evaluating suggestions from experts and applications from businesses.

A surging U.S. market is bolstering what was already the world’s largest betting company. Flutter had 13.7 million monthly players as of March 31 and revenue grew 25% to $11.8 billion in 2023, though it made a $1.2 billion loss after tax.

It’s the parent company of online-gaming powerhouse FanDuel, which, amid a sports-betting boom, has made and expanded deals with leagues including the NBA, NHL, NFL, and MLB, as well as teams.

FanDuel and other companies formed the Responsible Online Gaming Association in March, in an attempt to self-govern.