Paddy Power and Betfair owner Flutter Entertainment has seen shares tumble after worse-than-expected full-year figures, but put faith in this summer’s Fifa World Cup as a “great opportunity” for the betting giant.
The group – which also owns Betfair, Sky Bet and FanDuel in the US – disappointed investors with full-year revenues of 16.4 billion US dollars (£12.2 billion) for 2025, which is up 17% on 2024 but below its most recent forecast of 16.7 billion dollars (£12.4 billion).
