Flutter Entertainment announced a net loss for the second quarter while recording a 3% increase in revenue. The company simultaneously confirmed the departure of chief executive Jackson.
Quarterly Financial Statement
The group released its earnings today, recording a net deficit for the period. Total revenue reached $4.33bn (£3.21bn), marking a 3% increase compared to the previous year. The top-line growth occurred alongside the reported loss across consolidated gaming and betting operations.Management confirmed the removal of chief executive Jackson immediately after the financial disclosure. The board has not announced a replacement or interim leadership arrangement.