Flutter reported $4,326 million in global revenue for the quarter ended June 30, 2026, up 3% year over year.

Group revenue +3% reflecting the benefit of M&A, excellent FIFA World Cup engagement and an adverse swing in US sports results year-over-year, AMPs reflecting 17 percentage-point impact from India closure. US revenue $1,683m, -6% (sportsbook -15%, iGaming +14%) including adverse 6 percentage-point growth impact from sports results year-over-year.

Full year guidance is updated to include Q2 trading, US market-making revenues, expected US operating cost efficiencies, the impact of NFL schedule changes, investment to strengthen our proposition and accelerate FanDuel’s sportsbook momentum, and forward FX rates.

This results in a reduction to our full year Group revenue guidance of $395m to $17.91bn at the midpoint, and a reduction to our adjusted EBITDA guidance of $210m to $2.655bn at the midpoint.

Peter Jackson, CEO, commented: The quality of our portfolio was evidenced once again in Q2 as we delivered another encouraging quarter relative to our expectations. Group revenue increased by 3%, supported by M&A, strong iGaming growth globally and excellent customer engagement during the FIFA World Cup with our diversified brand portfolio engaging around 10.5 million customers.

In the US, we made good progress against our strategic priorities, and FanDuel maintained its #1 position in sports book and iGaming. The momentum we are seeing gives us confidence to increase investment in the second half to further strengthen our proposition and market leadership.

In International, our portfolio continues to demonstrate the benefits of scale and diversification, as we strengthened our podium positions and achieved key integration milestones in both Italy and Brazil. 

Dan Taylor will be appointed Group Chief Executive Officer, effective October 1, 2026, when he will also join Flutter’s Board of Directors. Dan will succeed Peter Jackson, who will step down as Group Chief Executive Officer and from the Board on September 30, 2026. Peter will remain with the Company as an advisor through the end of the year to support a smooth transition.  

Dan is currently CEO of Flutter’s International division, which generated more than $9 billion of annual revenue and over $2.2 billion of Adjusted EBITDA in 2025. During his tenure, the business has expanded through a series of strategic acquisitions and transformations as well as consistent organic growth, strengthening Flutter’s competitive positions across key regulated markets.

As Flutter President since May 2026, Dan also has responsibility for commercial delivery across the Group’s global portfolio and has played a central role in shaping FanDuel’s recent sportsbook improvement plan, which is showing encouraging early signs of momentum. 

John Bryant, Chair of the Board, said: “The Board is pleased to appoint Dan as Flutter’s next Group Chief Executive Officer. He has an outstanding track record of delivering results, building high-performing teams and leading complex international businesses. Dan’s breadth of experience and responsibilities across the Group, combined with his deep understanding of the industry, give us every confidence that he is the right person to lead Flutter into its next phase of growth.  

“On behalf of the Board, I would also like to thank Peter for his significant contribution to the business. Under his leadership, Flutter has transformed from Paddy Power Betfair into the world’s leading online sports betting and iGaming operator. He has led its growth into a truly global business, built a portfolio of market-leading brands and strengthened the capabilities that underpin its success. Peter leaves Flutter with gold medal positions around the world and exceptionally well positioned for the future.” 

Dan Taylor said: “I’m delighted to take on the role of Group Chief Executive Officer at such an important time for Flutter. Our priority will be to keep delivering for our colleagues, customers and shareholders, while building on the momentum we’ve created across the business. The opportunities ahead are significant – both those we see in the market today and those we will create ourselves in the future. I look forward to leading the business as we continue to innovate, grow and build on the strengths that make Flutter unique.” 

Peter Jackson said: “It has been such a privilege to lead Flutter’s transformation, and I am incredibly proud of what we have achieved over nearly nine years. Flutter is a fantastic business, with a portfolio of world-class brands, talented colleagues and genuine competitive advantages. Having worked closely with Dan for many years, I have seen first-hand his ability to grow businesses, build strong teams and deliver exceptional results. I leave with great confidence in Dan, the leadership team and the Company’s future.”