Flutter reports that first-quarter revenue increased by 38%.

Flutter reported in its 2023 interim results that its FanDuel brand produced $100 million (£79 million/€91.1 million) in adjusted revenues before interest, taxes, depreciation, and amortization (EBITDA), signaling a financial turning point for its US subsidiary.

Gaming revenue increased by 37% to £1.8 billion (€2.08 billion), while group sports betting income increased by 39% overall to £3 billion (€3.48 billion).

The corporation also stated that the number of average monthly gamers increased to nearly 12 billion, up 28% year over year.
 
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