Flutter's first quarter core profit jumps by 46%

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Flutter's first quarter core profit jumps by 46%
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Flutter Entertainment, the world's largest online betting company, has today reported a 46% rise in first quarter adjusted core profit.

Flutter Entertainment , the world's largest online betting company, has today reported a 46% rise in first quarter adjusted core profit.

It swung to a $26m first quarter core profit in the US compared to a loss of $53m the same time last year, with profits in the rest of the world, which also include the Betfair brand, up 20% to $488m. Peter Jackson, the company's chief executive CEO, said Flutter has had an"excellent" start to the year.

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