Flutter Entertainment Makes TIME Magazine Most Influential Companies List

Flutter Entertainment, the parent company of FanDuel, was included in TIME Magazine’s 100 Most Influential Companies of 2024 list, highlighting the growing popularity of legal sports betting in the U.S. and worldwide. FanDuel is recognized as one of the top sports betting sites.

The company, headquartered in Ireland, has gained a significant following in the United States and around the globe with popular sports betting brands like FanDuel. It has been recognized as a trailblazer for its efforts in providing high-quality legal sports betting options to customers.

The company has not only seen consistent growth year after year, but has also gained recognition for its leadership in promoting responsible gambling amidst frequent scandals in the industry. For those interested, bettors can check…

Flutter CEO Peter Jackson expressed immense pride in the hard work of all employees around the world that has contributed to making Flutter a successful company. He also acknowledged the recognition from TIME as an opportunity to reflect on past achievements and look forward to continued growth.

Being the only gambling company featured on the TIME Most Influential Companies of 2024 list highlights the remarkable achievements of Flutter, the parent company of one of our top sports betting apps.

Growth has been impressive

Flutter Entertainment recently released a first-quarter earnings report that impressed industry insiders and earned recognition from TIME as one of the Top 100 Influential Companies globally.

During the full-year 2023 reporting period, the company experienced a year-over-year revenue increase to $11.8 billion.

In the first quarter of 2024, Flutter experienced a 16% increase in revenue compared to the same period last year, reaching $3.4 billion in total revenue.

In the first quarter, the average number of active global players was 12.3 million, with expectations of an increase in the second quarter. TIME’s press release stated that as of March 31, the company had 13.7 million monthly players.

American market has been key

FanDuel has solidified its position as the top sportsbook in the United States, leading in both handle and revenues in the growing market. The company has secured key partnerships with major sports leagues in North America, such as the NBA, NHL, NFL, and MLB, as well as some of the most iconic teams in those sports.

It is inevitable for a sports fan in North America and across the globe to be unfamiliar with at least one of Flutter Entertainment’s legal sports betting brands.

This week, Flutter relocated its primary listing to the New York Stock Exchange in order to capitalize on its popularity in the United States and attract American investors with deep pockets.

After being delisted from Euronext Dublin and changing its primary listing from the London Stock Exchange, the company has now made London its secondary listing.

Flutter Entertainment has strengthened its dedication to addressing problem gambling in the American market by joining a Responsible Online Gaming Association. This association aims to reduce addiction and cheating within the industry, while also promoting self-regulation among gambling providers.