Flutter cuts guidance and names Dan Taylor as next chief executive
By The Weekly Edge desk ·
Summary
PlayUSA reported that Flutter FLUT · USD 75.60 2026-10-16 Data lowered its full-year revenue guidance midpoint to $17.9bn as it increased US spending to compete with prediction markets. Chief executive Peter Jackson will leave the role in October, with international business head Dan Taylor succeeding him.
Why it matters
Additional US spending will reduce near-term profitability, according to Flutter.