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Third-quarter financial success for Flutter Entertainment_1

In the United Kingdom and online and land-based sportsbetting operator Flutter Entertainment has announced that its net revenues for the third quarter rose by 30% year-on-year to top £1.32 billion ($1.74 billion).

The London-listed firm used an official trading update (pdf) to explain that its takings from all forms of sportsbetting over the course of the three-month period increased by 33% year-on-year to about £798 million ($1.05 billion) as its gaming revenues swelled by some 26% to surpass £527 million ($695.55 million).

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