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Entain plc: Update to credit analysis

Our credit view of this issuer reflects its status as a proprietary technology platform providing a barrier to entry.

 PRESS RELEASE

Flutter Response to Tax Changes within UK Budget

Flutter Response to Tax Changes within UK Budget NEW YORK, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE: FLUT; LSE: FLTR), the world's leading online sports betting and iGaming operator, notes changes to gaming taxation announced by the UK Government in its autumn budget. The changes to UK online gaming taxation include: Effective from April 2026, iGaming increases 19 percentage points to 40 percentEffective from April 2027, Sports betting (ex-horseracing) increases 10 percentage points to 25 percent The adjusted EBITDA1 impact of these changes for Flut...

 PRESS RELEASE

Flutter Entertainment: Q3 2025 Update

Flutter Entertainment: Q3 2025 Update NEW YORK, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces Q3 results, updated 2025 guidance, and the launch of "FanDuel Predicts" in December.  Key financial highlights:  Three months ended September 30,In $ millions except where stated otherwise20252024YOY    Average monthly players (AMPs) (‘000s')114,13312,920+9%Revenue3,7943,248+17%Net loss(789)(114)(592)%Net loss margin(20.8)%(3.5)%(1,730)bpsAdjusted EBITDA2478450+6%Adju...

Moody's Ratings assigns Ba1 ratings to Entain's inaugural bonds

Moody's Ratings (Moody's) has today assigned Ba1 ratings to the inaugural proposed minimum €800 million equivalent six-year dual-tranche senior secured notes issued by UK-based sports-betting and gaming group Entain plc (Entain). Existing ratings, including Entain's Ba1 corporate family rating (CFR)...

Entain plc: Covenant Quality Pre-Sale Snapshot: €_m _%/£_m _% Senior S...

Entain plc's covenant package provides upper-tier HY-lite protection, reflecting a CQ score of 5.00.

 PRESS RELEASE

Flutter Entertainment Announce Management Participation in Upcoming Ev...

Flutter Entertainment Announce Management Participation in Upcoming Event DUBLIN and TORONTO, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (“Flutter”) (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announced that Peter Jackson, Chief Executive Officer, and Rob Coldrake, Chief Financial Officer, will participate in a fireside chat hosted by Morgan Stanley on November 19, 2025. The fireside chat is scheduled to commence at 2:00 p.m. ET (7:00 p.m. GMT). Registration for the live stream can be accessed via /investors. A replay of the webcast w...

Betsson AB: 1 director

A director at Betsson AB bought 25,000 shares at 144.290SEK and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

 PRESS RELEASE

Flutter Entertainment to Report Third Quarter 2025 Update and Host a C...

Flutter Entertainment to Report Third Quarter 2025 Update and Host a Conference Call on November 12, 2025 DUBLIN and TORONTO, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (“Flutter”) (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announced that it will release its third quarter 2025 update after market close on November 12, 2025 at 4:05 p.m. EST (9:05 p.m. GMT). All related materials will be available through the “Investors” section of the Flutter website at . Flutter management will host a conference call on November 12, 2025 at 4:30 p.m....

 PRESS RELEASE

Flutter Entertainment plc announces launch of fourth tranche of share ...

Flutter Entertainment plc announces launch of fourth tranche of share repurchase program NEW YORK, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc ("Flutter") (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator, announces that it has entered into non-discretionary arrangements with Davy Securities UC to repurchase ordinary shares on Flutter's behalf for an aggregate maximum consideration of up to $245 million on the New York Stock Exchange (the "Buyback"). The Buyback will commence on October 1, 2025 on the New York Stock Exchange, and wi...

 PRESS RELEASE

Flutter Entertainment: Q2 2025 Update

Flutter Entertainment: Q2 2025 Update NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces Q2 results, and increased 2025 guidance. Key financial highlights: In $ millions except where stated otherwiseThree months ended June 30,2025 2024 YOY    Average monthly players (AMPs) (‘000s)115,978 14,344 +11% Revenue4,187 3,611 +16% Net income37 297 (88)% Net income margin0.9% 8.2% (730)bps Adjusted EBITDA2919 738 +25% Adjusted EBITDA margin221.9...

 PRESS RELEASE

Flutter Entertainment Announce Management Participation in Upcoming Ev...

Flutter Entertainment Announce Management Participation in Upcoming Event DUBLIN and TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment ("Flutter") (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announced that Peter Jackson, Chief Executive Officer, and Rob Coldrake, Chief Financial Officer, will participate in a fireside chat hosted by Moffett Nathanson on August 13, 2025. The fireside chat is scheduled to commence at 11:15 a.m. EDT (4:15 p.m. BST). Registration for the live stream can be accessed via /investors. A replay of the webcas...

 PRESS RELEASE

Flutter Entertainment announces completion of Boyd agreement to secure...

Flutter Entertainment announces completion of Boyd agreement to secure 100% ownership of FanDuel DUBLIN and TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (“Flutter”) (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announces that it has completed the extension of its long-term strategic partnership with Boyd Gaming Corporation to 2038 and the buyout of Boyd's 5% stake in FanDuel Group. As previously announced the market access savings secured as part of the transaction will be effective July 1, 2025. About Flutter Entertainment plc ...

 PRESS RELEASE

Flutter announces the pricing of $1,272 million aggregate principal am...

Flutter announces the pricing of $1,272 million aggregate principal amount of Additional Senior Secured Notes due 2031 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO DUBLIN and TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE:FLUT; LSE:FLTR), today announced the pricing of an offering (the “Offering”) of $625 million aggregate principal amount of 5.875% senior secured notes due 2031 issued at par, €300 million aggregate principal amount of 4.000% senior secured notes due 2031 i...

 PRESS RELEASE

Flutter Entertainment to Report Second Quarter 2025 Update and Host a ...

Flutter Entertainment to Report Second Quarter 2025 Update and Host a Conference Call on August 7, 2025 DUBLIN and TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment ("Flutter") (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announced that it will release its second quarter 2025 update after market close on August 7, 2025 at 4:05 p.m. EDT (9:05 p.m. BST). All related materials will be available through the "Investors" section of the Flutter website at . Flutter management will host a conference call on August 7, 2025 at 4:30 p.m. EDT (9...

 PRESS RELEASE

Flutter announces launch of offering of Additional Senior Secured Note...

Flutter announces launch of offering of Additional Senior Secured Notes due 2031 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO DUBLIN and TORONTO, July 23, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE:FLUT; LSE:FLTR), today announced the launch of an offering (the “Offering”) of USD-denominated senior secured notes due 2031, EUR-denominated senior secured notes due 2031 and GBP-denominated senior secured notes due 2031 (collectively, the “Notes”) by its subsidiary Flutter Treasury DAC (the “I...

 PRESS RELEASE

Flutter secures 100% ownership of FanDuel through new agreement with B...

Flutter secures 100% ownership of FanDuel through new agreement with Boyd NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces the extension of its long-term strategic partnership with Boyd Gaming Corporation (“Boyd”) to 2038 and the buyout of Boyd’s 5% stake in FanDuel Group (“FanDuel”), together “the Agreement”. Under the terms of the Agreement, Flutter will pay Boyd approximately $1.755bn1 to acquire Boyd’s 5% stake2 in FanDuel and to revise various existing ...

 PRESS RELEASE

Flutter response to Illinois Transaction Fee

Flutter response to Illinois Transaction Fee NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world’s leading online sports betting and iGaming operator, notes the recent decision by the Illinois State legislature to introduce a betting transaction fee for licensed operators on all sports wagers placed within the state from July 1, 2025 (“Illinois Transaction Fee”). In response, from September 1, 2025, FanDuel, Flutter’s US market-leading brand, announces that it will introduce a new $0.50 transaction fee on each bet placed on its platform in I...

 PRESS RELEASE

Pricing of Senior Secured Notes

Pricing of Senior Secured Notes  NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE IT IS UNLAWFULTO DO SO Flutter announces the pricing of $1,000 million aggregate principal amount of 5.875% Senior Secured Notes due 2031, €550 million aggregate principal amount of 4.000% Senior Secured Notes due 2031 and £450 million aggregate principal amount of 6.125% Senior Secured Notes due 2031 DUBLIN and TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc ("Flutter") (NYSE:FLUT; LSE:FLTR), today announced the pricing of an offering (the ...

 PRESS RELEASE

Flutter announces launch of offering of Senior Secured Notes due 2031

Flutter announces launch of offering of Senior Secured Notes due 2031 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO DUBLIN and TORONTO, May 21, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE:FLUT; LSE:FLTR), today announced the launch of an offering (the “Offering”) of USD-denominated senior secured notes due 2031, EUR-denominated senior secured notes due 2031 and GBP-denominated senior secured notes due 2031 (collectively, the “Notes”) by its subsidiary Flutter Treasury DAC (the “Issuer”). An ...

 PRESS RELEASE

Flutter announces completion of NSX acquisition

Flutter announces completion of NSX acquisition DUBLIN and TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces that it has completed the acquisition of an initial 56% stake in NSX Group (“NSX”), a leading Brazilian operator of the Betnacional brand for cash consideration of approximately $350m1. The transaction aligns with Flutter’s strategy to invest in leadership positions in attractive international markets and is expected to create shareholder value through: ...

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