Flutter Entertainment reports $296m net loss despite early World Cup boost
Flutter Entertainment’s Q2 results may quell recent investor optimism in the group’s prospects as its profit swung to a heavy nine-figure loss. The results highlight a period of significant investment across the group, as revenue reached $4.326bn in the quarter, up 3% year-on-year, but adjusted EBITDA fell 45% to $508m. Flutter reported a mammoth $296m […]
