Flutter Entertainment is a leading sports betting and iGaming operator formed in 2016 through the merger of the Irish company Paddy Power and the UK firm Betfair. The company encompasses a range of well-known brands, including FanDuel, Sky Betting & Gaming, and Sportsbet, and has a significant presence in the United States, the UK, Ireland, Australia, and Italy. Flutter operates in over 100 countries and serves an average of 12.3 million monthly users. In 2023, its revenue sources were primarily from sports betting (56%), followed by online gaming (39%), with the remaining 5% coming from fantasy sports, horse racing, and other activities. By leveraging its diverse portfolio of brands, Flutter combines local market expertise with the advantages of being a global leader in the gaming industry.
Snaitech is a prominent Italian gaming and betting company, offering a broad spectrum of services such as sports betting, virtual sports, online games, and lottery products. It operates a extensive retail network with numerous betting points and employs advanced technology for real-time betting experiences. Additionally, Snaitech manages racecourses and provides proprietary platforms to enhance customer engagement and entertainment, including online products, poker tournaments, and casino applications, along with a blog for updated news and information.
NSX Group
Acquisition in 2024
NSX Group provides a sports betting platform with various integrated services within the gambling industry. It offers live betting, a tool for bet settlement, and an interactive pitch feature, all designed to be user-friendly.
FanDuel
Acquisition in 2020
FanDuel, established in 2009, is a leading online gaming company that operates a fantasy sports platform. It offers users the opportunity to participate in one-day or season-long fantasy sports games, including football, baseball, hockey, and basketball, with cash prizes at stake. Additionally, FanDuel provides sports betting, racing, and casino games. The company, headquartered in New York with an office in Edinburgh, UK, has over 100 employees and is a subsidiary of Flutter Entertainment plc.
Adjarabet
Acquisition in 2019
Adjarabet operates as an online betting and gaming platform in Georgia, offering a comprehensive range of products that include casino games, sports betting, poker, and peer-to-peer games. The company has developed a decentralized peer-to-peer betting platform that connects users looking to place bets on various events, particularly sporting outcomes, at mutually agreed-upon odds. This approach not only facilitates online betting but also promotes the idea of betting and gaming as a form of positive entertainment within the community. Adjarabet is licensed to provide these services, ensuring a regulated environment for its users.
FanDuel
Acquisition in 2018
FanDuel, established in 2009, is a leading online gaming company that operates a fantasy sports platform. It offers users the opportunity to participate in one-day or season-long fantasy sports games, including football, baseball, hockey, and basketball, with cash prizes at stake. Additionally, FanDuel provides sports betting, racing, and casino games. The company, headquartered in New York with an office in Edinburgh, UK, has over 100 employees and is a subsidiary of Flutter Entertainment plc.
DRAFT
Acquisition in 2017
Draft is a daily fantasy sports company that focuses on providing a simplified and enjoyable experience for players. Unlike traditional salary cap formats, Draft allows users to engage in snake drafts, similar to those conducted at the beginning of season-long fantasy leagues, but these drafts are quick and can last for just one day or week. The platform aims to create a fair and straightforward environment, enhancing players' chances of winning significantly compared to other major competitors. Draft was acquired by Paddy Power Betfair in 2017 and has been recognized for its user-friendly mobile applications, catering to fantasy sports enthusiasts seeking an engaging and accessible way to play for real money.
Paddy Power
Acquisition in 2016
Paddy Power is an Irish company based in Dublin, specializing in online sports betting and gaming. It offers a wide range of services, including fixed odds betting on various sports, online casino games, poker, and bingo. Additionally, it provides business-to-business services and risk management solutions.
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