{"id":9067,"date":"2025-05-07T23:31:55","date_gmt":"2025-05-07T23:31:55","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/05\/07\/fanduel-drives-flutter-to-3-7-billion-q1-revenue\/"},"modified":"2025-05-07T23:31:55","modified_gmt":"2025-05-07T23:31:55","slug":"fanduel-drives-flutter-to-3-7-billion-q1-revenue","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/07\/fanduel-drives-flutter-to-3-7-billion-q1-revenue\/","title":{"rendered":"FanDuel Drives Flutter to $3.7 Billion Q1 Revenue"},"content":{"rendered":"<div>\n<p>Flutter Entertainment has delivered some strong numbers to start of the year, especially in the US market where its FanDuel brand continues to grow. The company shared its latest quarterly results, showing how its efforts in online betting and gaming are paying off.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>FanDuel\u2019s Q1 handle reached $14.6 billion, up 8% year-over-year.<\/strong><\/em><\/li>\n<li><em><strong>Flutter\u2019s US adjusted EBITDA rose more than fivefold to $161 million.<\/strong><\/em><\/li>\n<li><em><strong>Total users across Flutter platforms grew to nearly 14.9 million.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>FanDuel helped drive Flutter\u2019s US revenue past $1.1 billion in the first quarter, pushing the total revenue from all US operations to almost $1.7 billion. That means an 18% increase from the same period in 2024, despite a tough March Madness season that did not favor sportsbooks. <strong><a href=\"https:\/\/igaming.org\/casino\/what-is-igaming\/\">iGaming<\/a> <\/strong>also made a strong contribution, growing 32% to $472 million.<\/p>\n<p>FanDuel reported over 4.3 million monthly active players, a rise of 11%. Its gross gaming revenue market share in the US held steady at 43%, while Flutter\u2019s share in US iGaming reached 27%. On top of that, FanDuel\u2019s sportsbook net revenue margin came in at 7.8%.<\/p>\n<p>CEO Peter Jackson noted, <em>\u201cFanDuel continues to win in the US, retaining leadership positions in both online sports betting and iGaming.\u201d <\/em>He also pointed to the company\u2019s recent expansion in Italy through its <strong><a href=\"https:\/\/igaming.org\/casino-news\/flutter-set-to-finalize-snaitech-acquisition-as-deal-clears-final-hurdles\/\">acquisition<\/a> <\/strong>of Snaitech as a way to strengthen its global position.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Outside the US, revenue from Flutter\u2019s international operations totaled just under $2 billion, barely moving from last year\u2019s results. However, there were regional differences. While Southern Europe and Africa saw 14% and 15% increases, regions like Brazil and Asia Pacific experienced sharp drops\u201444% and 13%, respectively. The UK and Ireland remained solid contributors, generating $882 million for the quarter.<\/p>\n<p>International adjusted EBITDA dipped slightly to $518 million, down 1% from last year. Sportsbook revenue overseas fell by 2%, but iGaming revenue rose by 4%, hitting $1.1 billion.<\/p>\n<p>Back in the US, Flutter expects more growth. It has adjusted its full-year forecast, now predicting 2025 US revenue between $7.2 billion and $7.65 billion. Adjusted EBITDA for the region is expected to land between $1.01 billion and $1.25 billion. If the numbers fall in the middle of those projections, that would mean a 28% revenue increase and a 123% jump in adjusted EBITDA compared to 2024.<\/p>\n<p>Flutter also turned last year\u2019s Q1 net loss of $177 million into a $335 million profit this time around. Group-wide adjusted EBITDA rose 20% to $616 million. The company added more users across all its platforms too, with total users climbing by 8% year-over-year.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/flutter-q1-2025-revenue\/\">FanDuel Drives Flutter to $3.7 Billion Q1 Revenue<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Flutter Entertainment has delivered some strong numbers to start of the year, especially in the US market where its FanDuel brand continues to grow. The company shared its latest quarterly results, showing how its efforts in online betting and gaming are paying off. Good to know FanDuel\u2019s Q1 handle reached $14.6 billion, up 8% year-over-year. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9067","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9067"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9067\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}