Flutter Entertainment Makes TIME Magazine Most Influential Companies List

Flutter Entertainment, parent company of “America’s #1 Sportsbook” FanDuel, landed on the fourth annual TIME Magazine 100 Most Influential Companies of 2024 list. It speaks to the explosion of the popularity of legal sports betting in the U.S. and around the globe for one of our best sports betting sites.

The Ireland-based company has built up quite a following in America and worldwide with sports betting brands such as FanDuel. It was called a “Pioneer” for its work bringing top-tier legal sports betting opportunities to bettors.

Not only has the company continued to grow year over year, but it has made news as a leader in responsible gambling during a time when scandals are rocking the overall industry seemingly weekly. Bettors who would like to check 

“I am enormously proud of everyone across our global business for working so tirelessly to make Flutter the fantastic company it is today,” said Flutter CEO Peter Jackson. “Receiving this recognition from TIME offers a well-deserved moment to reflect on our recent successes as we fix our sights firmly on our next phase of growth.”

Flutter was the only gambling company on the TIME Most Influential Companies of 2024 list. It speaks volumes to how impressive the parent company of one of our best sports betting apps is.

Growth has been impressive

Flutter Entertainment is fresh off a first-quarter earnings report that impressed industry insiders and those at TIME who named the Top 100 Influential Companies worldwide.

The company saw a year-over-year increase in revenue for the full-year 2023 reporting period to $11.8 billion. 

The first quarter of 2024 saw a 16% year-over-year revenue spike compared to last year's three-month period. Flutter reported $3.4 billion in revenue for the reporting period.

Active monthly global players reached an average of 12.3 million in Q1, with projections that the number could go higher during the second quarter of this year. According to the TIME press release, the company had 13.7 million monthly players registered as of March 31.

American market has been key

FanDuel has been able to establish and maintain its position as the #1 sportsbook on American soil. Not only does it consistently lead the way in terms of handle and revenues in the exploding U.S. market, but it holds key partnerships with all of North America's major sports leagues. That includes the NBA, NHL, NFL, and MLB and a few of those sports' most iconic teams.

It is impossible for a sports fan in North America and around the world to not hear of one of Flutter Entertainment's legal sports betting brands.

To take advantage of its popularity on American soil, and in an attempt to leverage its success and get into the deep pockets of American investors, Flutter just this week moved its primary listing to the New York Stock Exchange. 

This after delisting from Euronext Dublin and swapping its primary listing from the London Stock exchange, and making London its secondary listing.

Furthering its commitment to problem gambling in the American market, Flutter Entertainment has made news as one of the key members of a Responsible Online Gaming Association, which aims to cut back on addiction and cheating in relation to the industry and attempts to help with self-governing among gambling providers.