Flutter managed to hang on to many of the 12.3 million punters it picked up during and just after last year’s football World Cup — an increase of about three millionThe company behind Paddy Power and Betfair on Wednesday reported a 30 per cent jump in punter numbers for the first quarter as it held on to many who had signed up during the World Cup. Flutter Entertainment, which also owns Sky Bet and PokerStars, said it had attracted about 12.3 million players a month from January to March, the period straight after the tournament, up from about 9.5 million in the same period a year ago. SponsoredThis helped the business to increase its revenue by 54 per cent year-on-year to £2.4 billion during the three-month period, a pro forma increase of 29 per cent including the acquisition of Sisal, of Italy. The UK and Ireland division outperformed the market, with revenue up 17 per

Source: The Times May 04, 2023 09:28 UTC