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Flutter Entertainment Restructures Reportable Segments, Updates Financial Data

Flutter Entertainment Changes How It Reports Money in 2025

Flutter Entertainment (FLUT) is a big company in sports betting and gaming. Starting in early 2025, it will change how it reports its financial results. This change will make things clearer for investors and other people interested in the company.

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Right now, Flutter reports its business in four parts: the United States, International, UK & Ireland, and Australia. From 2025, it will only have two parts:

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  1. US: This will focus only on FanDuel, which is Flutter’s main brand in the United States. This is similar to how they already report US business in 2024.
  2. Flutter International: This will include everything else, like UK & Ireland, Australia, and other international businesses. But it will not include some corporate costs that are not linked to a specific region.

Flutter says this change will help show how the company really works and where it spends money. To help with the change, Flutter has also updated past financial reports (from 2021 to 2024) to match the new system. People can find these reports on Flutter’s website under “Results, Reports and Presentations.”

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Experts at NASDAQ say this change has good and bad sides. The good part is that it makes things clearer for investors and could help Flutter stay strong in online betting. But some people worry because the company will no longer show certain costs separately. Even though Flutter says this does not change its total financial numbers, some investors might see it as a shift in focus.

Flutter will share its first financial report under the new system on May 7, 2025. Investors will then see how the company is doing with this new way of reporting.

New Reporting Structure

Flutter Entertainment will now have two main segments:

US Segment

  • This part stays the same as in 2024. It will only show financial data for FanDuel, which is Flutter’s main brand in the United States.

Flutter International

  • This is a new segment that will combine all other Flutter brands. It includes businesses from the UK, Ireland, Australia, and other countries.
  • It will not include corporate overhead costs. This will help investors see a clearer financial picture of Flutter’s global operations.

Why Is Flutter Making This Change?

Clearer Financial Reports

  • The new structure will help investors see where Flutter makes money in different regions.

Better Business Operations

  • The new reporting system matches Flutter’s strategy and helps the company use its resources more efficiently.

No Change to Past Financial Results

  • These changes do not affect Flutter’s past financial records. They only change how future reports will look.

Impact on Investors and the Market

More clarity for investors

  • Investors will now see separate reports for the US (FanDuel) and international business.

Stronger business strategy

  • The new structure shows that Flutter is focusing on both its US market and international growth.

Possible stock value changes

  • Some experts think these changes might affect Flutter’s stock price because investors will better understand its revenue.

Updated Financial Data for 2024

To make the transition easier, Flutter will also release updated financial data for 2024. This will help investors compare past performance with the new reporting structure.

Conclusion

Flutter Entertainment is making this change to improve financial transparency and align with its business operations. The US segment will stay the same, while the new Flutter International segment will show all other markets together. Investors should look at the updated 2024 financial data to understand these changes better.

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