Flutter Entertainment plc's Irish Directors’ Report and Financial Statements, released on March 19, 2025, confirmed that the company no longer qualifies as a foreign private issuer as of June 30, 2024. Consequently, Flutter is considered a U.S. domestic issuer effective January 1, 2025, requiring compliance with U.S. regulatory requirements.
The report also provided an overview of fiscal year 2024, noting a net loss per share of US$(1.3). It detailed strategic acquisitions announced in September 2024, including a 56% interest in NSX Group, a Brazilian operator, for approximately $320 million, and 100% of Snaitech S.p.A., an Italian operator, for US$2.4 billion (€2.3 billion), both expected to close in 2025.
For fiscal 2024, Flutter achieved $14,057 million in revenue globally and reported 13.9 million Average Monthly Players (AMPs). The company also highlighted its January 2024 acquisition of a 51% controlling stake in MaxBet, a Serbian omni-channel sports betting and gaming operator, which is now included in its International division.
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