Cost of living crisis not deterring punters, says Flutter
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작성자 Mikayla 작성일22-09-12 21:50 조회38회 댓글0건관련링크
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Paddy Power and Betfair owner Flutter has said it has not yet seen a slowdown in gambling despite the cost of living crisis.
The group told investors on Friday that it had continued to increase its reach in the US, where it owns FanDuel, in first six months of 2022, but performance in the UK was hit by the introduction of safer gambling initiatives.
Revenues in the UK fell 4 per cent to £1.09billion, Sports Betting also reflecting a slowdown in player engagement compared with last year, when people spent more time gambling during lockdown.
Flutter, Sports Betting which owns Paddy Power and Betfair in the UK, said performance in Britain was hit by the introduction of safer gambling initiatives
However at a group level, it reported an 9 per cent rise in first-half adjusted revenue to £3.
The group told investors on Friday that it had continued to increase its reach in the US, where it owns FanDuel, in first six months of 2022, but performance in the UK was hit by the introduction of safer gambling initiatives.
Revenues in the UK fell 4 per cent to £1.09billion, Sports Betting also reflecting a slowdown in player engagement compared with last year, when people spent more time gambling during lockdown.
Flutter, Sports Betting which owns Paddy Power and Betfair in the UK, said performance in Britain was hit by the introduction of safer gambling initiatives
However at a group level, it reported an 9 per cent rise in first-half adjusted revenue to £3.
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