[6] It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet.
[14] In May 2018, Paddy Power Betfair announced its intent to acquire FanDuel, one of the two leading daily fantasy sports operators in the United States.
The deal was part of an effort to bolster the company's assets in the United States, following the overturning of a federal prohibition on sports betting.
[19] In February 2019, the company announced the acquisition of a 51% controlling stake in adjarabet, a business operating in the Georgian gambling industry with an option to acquire the remaining 49% after three years.
[20] On 6 March 2019, Paddy Power Betfair announced that it would rebrand as Flutter Entertainment, pending shareholder approval at the company's annual general meeting in May.
[25][24] In January 2021 Flutter acquired a majority 50.1% stake of Indian Rummy provider Junglee Games for $67 million.
[33] In September 2023, it was announced Flutter had acquired an initial 51% stake in Novi Sad-headquartered omni-channel sports betting and gaming operator, MaxBet for €141 million in cash.
[35] In September 2024, Flutter announced its acquisition of Snaitech, one of Italy's leading gambling operators, in a €2.3 billion deal.
[41] The Sky Betting and Gaming, Paddy Power and Betfair are regulated in the United Kingdom by the Gambling Commission.