Australia’s largest corporate bookmaker Sportsbet has returned to year-on-year revenue growth, despite ongoing decline in turnover on sports betting.
Flutter, Sportsbet’s international parent company, published its second quarter results on Friday, with the booming American market driving much of its 16 per cent global revenue growth.
The headline number for Flutter for the second quarter of 2025 was US$4.2 billion of revenue, with handle, the global term for turnover, jumping to $19.7 billion, up seven per cent on the same period last year.
Overall, Flutter has just short of 16 million global active monthly players, a number that just leapt 11 per cent on where it was at the same time in 2024.
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