Flutter Entertainment plc
Flutter Entertainment Discloses Major Voting Rights Acquisition by Candle Lake
Summary
On January 5, 2026, Flutter Entertainment plc reported via a Regulatory News Service announcement that Candle Lake Limited, owned by Kenneth B. Dart, has acquired a significant stake in the company, crossing a voting rights threshold on December 29, 2025. The acquisition includes both direct and indirect voting rights through financial instruments, amounting to 15.03% of the total voting rights. This disclosure is to comply with the United Kingdom Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
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About Flutter Entertainment plc
Flutter Entertainment plc is a global sports betting and gaming company, recognized as a leader in the online entertainment industry. The company is known for its dynamic portfolio of popular brands, including Paddy Power, Betfair, PokerStars, and FanDuel, each catering to varied segments of the sports betting and gaming markets. Flutter Entertainment focuses on delivering thrilling experiences through innovative technology platforms that support online wagering, live sports betting, and an array of casino games. With a strong presence in Europe, North America, and other international markets, Flutter Entertainment leverages a mix of local expertise and global resources to maintain its competitive edge. The company also emphasizes responsible gaming practices, investing in resources to ensure safe and enjoyable user experiences. In the financial market, Flutter Entertainment plc holds significant market influence, driven by its extensive customer base, diversified product offerings, and strategic acquisitions. It continues to play a vital role in the evolution of the online betting landscape, adapting to regulatory changes and technological advancements while seeking sustainable growth across its operations.
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