)
Edge22 Nov 2024
Evolution: The Live Casino Juggernaut
With ~49% CAGR since its 2015 IPO, 60%+ EBIT margin, and global dominance in live casino, the story of Evolution is truly one for the books.
Flutter Entertainment (FLUT) investor relations material
Flutter Entertainment Fireside Chat summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Fireside Chat summary13 Aug, 2025
Introduction and agenda
Discussion opened with reflections on recent earnings, market reaction, and strategic milestones such as the US primary listing and headquarters move.
Current industry trends
Strong performance in the US with nearly $400M EBITDA and 22.5% margin in Q2, highlighting robust fundamentals.
Continued growth in iGaming and sportsbook, with penetration rates still rising and significant headroom in both mature and new states.
Tax increases remain a theme, but most states have moderated proposals, and the company is well-positioned to manage regulatory changes.
International markets like Italy, Turkey, India, and Brazil show strong growth, with Italy's online business surpassing 1M active users and Turkey growing 125% YoY in Q2.
Challenges and overcoming obstacles
Illinois tax increase seen as an outlier; proactive regulatory engagement has helped moderate other tax proposals.
Complex integrations, such as the UKI platform migration and SNAI in Italy, have been executed successfully, validating strategic plans.
Navigating regulatory and market access complexities, especially in new markets like Brazil, is ongoing but progressing well.
How does Flutter ensure product innovation?
Assess the impact of tax policy education.
Discuss SNAI synergy and NSX market entry.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Flutter Entertainment earnings date
Q3 202512 Nov, 2025
Next Flutter Entertainment earnings date
Q3 202512 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
A core player in the online gambling industry
Flutter Entertainment is one of the biggest players in the online gambling industry, offering a range of betting and gaming products to customers around the world. With a strong presence in both the sports betting and casino gaming markets, Flutter operates through a variety of channels, including online and mobile platforms, as well as retail locations.
Diversification of revenue streams
One of the key strategies that Flutter Entertainment has employed to grow its revenue base is diversification of its product portfolio. The company offers a range of betting options, from traditional sports betting to in-play betting and live streaming, as well as casino games, poker, and bingo. This diversification has helped Flutter to mitigate risks associated with fluctuations in individual markets or sports events. Flutter's competitors, such as 888 Holdings, Caesars Entertainment, DraftKings and Betsson, have also employed similar strategies to broaden their revenue streams.
Expanding into new markets
Flutter has been actively expanding its presence in new markets, particularly in the US, where it has made several high-profile acquisitions in recent years. The company acquired FanDuel in 2018, which has since become a leading player in the US sports betting market. Flutter also acquired The Stars Group in 2019, giving it a foothold in the fast-growing US online gaming industry. By expanding into new markets, Flutter is able to tap into new sources of revenue and diversify its revenue base even further.
Emphasis on digital platforms
Another key factor in Flutter Entertainment's revenue growth is its focus on digital platforms. The company has invested heavily in developing and enhancing its online and mobile platforms, which offer customers a seamless and user-friendly experience. With the increasing popularity of online and mobile betting and gaming, Flutter is well-positioned to capitalize on this trend.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage