CEO Peter Jackson credited this success to “excellent execution,” noting that average monthly players (AMPs) in the US grew by 37%, including a 59% rise in direct casino AMPs.
Flutter Entertainment highlighted a 43% growth in US iGaming revenue in Q4, positioning FanDuel Casino as the market leader in the US.
CEO Peter Jackson credited this success to “excellent execution,” noting that average monthly players (AMPs) in the US grew by 37%, including a 59% rise in direct casino AMPs.
Key drivers of growth included:
- NBA Super Slam slot, which boosted sportsbook cross-sell.
- New jackpot functionality on FanDuel’s Reward Machine daily prize mechanic.
- Q4 sportsbook revenue growth of 8%, despite customer-friendly results.
Financial Performance
- US Q4 revenue increased 14% to $1.6bn (from $1.4bn).
- Group-wide Q4 revenue rose 14% to $3.79bn (from $3.3bn).
- 2024 full-year revenue climbed 19% to $14bn (from $11.8bn).
- Q4 adjusted EBITDA was $655m, up 4%, while the full-year EBITDA hit $2.4bn, up 26%.
International & UKI Growth
- International revenue surged 20% in Q4 to $872m.
- UK & Ireland (UKI) division revenue increased 20% to $963m, driven by 31% sportsbook revenue growth and 16% iGaming growth.
- Paddy Power’s SuperSub product expanded market range, increasing same-game parlay penetration by 5 percentage points.
- Sky Vegas’ Guaranteed Prize Machine contributed to a record 2.4 million iGaming AMPs in Q4.
Market Expansion & 2025 Outlook
- Sisal’s Italian market share rose to 15%, with Flutter’s total Italian market share reaching 21.4%.
- Junglee in India saw AMPs increase by 72% over a two-year period, despite October 2023 tax changes.
- Australia’s Q4 revenue declined 8%, though AMPs grew 7% to 1.3m, with strong engagement in NRL, NBA, and NFL.
- Super Bowl 2025 saw record engagement, with FanDuel’s 3 million active customers placing 17.7 million bets, totaling $470m wagered on the day.
CEO Peter Jackson stated:
“We have had a great start to 2025 and are excited to build on this momentum as we seize the growth opportunities outlined at our Investor Day last September.”
2025 Guidance
- Expected revenue between $15.48bn and $16.38bn.
- Projected group adjusted EBITDA between $2.94bn and $3.38bn.