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Flutter Entertainment has once again secured the top spot in the EGR Power 50, as the New York-listed giant’s continuous growth in the US and globally outpaced its competitors.
With FanDuel as its crown jewel, Flutter made a strategic move this year by relocating its primary listing and headquarters to New York.
The company’s dominance in the UK and Ireland through its Paddy Power, Sky Bet, tombola, and Betfair brands, along with a well-executed M&A strategy for international expansion, has allowed it to maintain the number one position.
Among the competition, bet365 held on to second place, while DraftKings leapfrogged Entain to take third, marking its rise onto the podium for the first time.
Entain’s drop to fourth position follows a period of transition, with Gavin Isaacs stepping in as the new CEO in September.
MGM Resorts International rounded out the top five after an impressive leap from 11th place in 2023.
The growth of the Las Vegas-based giant was bolstered by its US operations with the BetMGM joint venture and its international efforts through LeoVegas Group.
The complete rankings can be viewed here.
EGR extends its gratitude to its partners at BDO for diligently compiling the Power 50 list, and to EveryMatrix for sponsoring this year’s showcase of leading igaming operators.
The post Flutter Entertainment tops EGR Power 50 for the fifth year in a row first appeared on EGR Intel.
