Flutter to cease Junglee real-money gaming operations in India as a consequence of surprising regulatory change

New York, August 25, 2025: Flutter Entertainment plc (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s main on-line sports activities betting and that iGaming operator notes sudden regulatory developments in India, prohibiting real-money gaming merchandise, together with video games of talent.

The legalisation of the Promotion and Regulation of Online Gaming Bill was handed by the higher home of the Indian Parliament and acquired Presidential assent on August 22, 2025. This occurred inside an exceptionally quick timeframe having solely been launched into Parliament on August 20, 2025, and and not using a session course of with business stakeholders to think about the numerous hostile penalties of this motion.

Flutter is dissatisfied with this improvement and has consequently stopped its real-money operations in India efficient from August 22, 2025 to adjust to this new laws.

Flutter is actively evaluating choices to encourage the restoration of the 70-year-old constitutional safety afforded to skill-based video games, whereas concurrently working rapidly to adapt operations to the modified regulatory panorama and persevering with to advertise the advantages of totally regulated merchandise.

Flutter’s Indian operations have been anticipated to contribute roughly $200m income and $50m Adjusted EBITDA in 2025, with roughly half of the income to be delivered within the second half of 2025. We are additionally assessing the accounting implications together with any non-cash impairments to the Junglee enterprise and can present extra disclosures as conclusions are made.

Peter Jackson commented: “I am extremely disappointed with the sudden changes to the regulatory landscape in India. Over the last four years Junglee has invested significantly in its local market, building a workforce of over 1,100 employees to deliver innovative skill-based gaming products to Indian customers. Central to this has been a strategy which prioritizes consumer protections and responsible gaming. We believe this change will drive customers to the unregulated market, offering limited consumer protections and providing no contribution to the local economy. We believe in regulatory frameworks that put customers first, and are evaluating options to restore skill-based games in the Indian market”

Forward-Looking Statements

This press launch accommodates “forward-looking statements” inside the which means of the Private Securities Litigation Reform Act of 1995. These statements mirror our present expectations as to future occasions based mostly on sure assumptions and embody any assertion that doesn’t straight relate to any historic or present reality. In some instances, you possibly can establish these forward-looking statements by way of phrases corresponding to “outlook”, “believe(s)”, ”anticipate(s)”, “potential”, “continue(s)”, “may”, “will”, “should”, “could”, “would”, “seek(s)”, “predict(s)”, “intend(s)”, “trends”, “plan(s)”, “estimate(s)”, “anticipates”, “projection”, “goal”, “target”, “aspire”, “will likely result”, and or the destructive model of those phrases or different comparable phrases of a future or forward-looking nature. Such forward-looking statements are topic to varied dangers and uncertainties and there are or shall be essential elements that might trigger precise outcomes or outcomes to vary materially from these indicated in these statements. The potential to foretell outcomes or precise results of our plans and techniques is inherently unsure. Accordingly, precise outcomes could differ materially from these expressed in, or implied by, the forward-looking statements. In addition, we could incur extra or surprising prices in reference to the issues mentioned on this press launch. The potential to foretell outcomes or precise results of our plans and techniques is inherently unsure. Accordingly, precise outcomes could differ materially from these expressed in, or implied by, the forward-looking statements.

Factors that might trigger Flutter’s outcomes to vary materially from these described within the forward-looking statements may be present in Part I, “Item 1A. Risk Factors” of Flutter’s Annual Report on Form 10-Ok for the fiscal 12 months ended December 31, 2024 as filed with the Securities and Exchange Commission (the “SEC”) and different periodic filings with the SEC, that are accessible on the SEC’s web site at www.sec.gov. Flutter undertakes no obligation to publicly replace or overview any forward-looking assertion, whether or not on account of new data, future developments or in any other case, besides as required by legislation. 

About Flutter Entertainment plc

Flutter is the world’s main on-line sports activities betting and that iGaming operator, with a market main place within the US and internationally. Our ambition is to leverage our dimension and our challenger mindset to alter our business for the higher. By Changing the Game, we imagine we will ship long-term progress whereas selling a constructive, sustainable future for all our stakeholders. We are well-placed to take action by way of the distinctive, world benefits of the Flutter Edge, which provides our manufacturers entry to group-wide advantages, in addition to our clear imaginative and prescient for sustainability by way of our Positive Impact Plan.

Flutter operates a various portfolio of main on-line sports activities betting and that iGaming manufacturers together with FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Snai, tombola, Betfair, MaxBet, Junglee Games, Adjarabet and Betnacional. We are the business chief with $14,048m of income globally for fiscal 2024, up 19% YoY.

To be taught extra about Flutter, please go to our web site at www.flutter.com.

Contacts:

Investor Relations:	Media Relations:
Paul Tymms, Investor Relations	Kate Delahunty, Corporate Communications
Ciara O’Mullane, Investor Relations	Lindsay Dunford, Corporate Communications
Chris Hancox, Investor Relations	Rob Allen, Corporate Communications
Email: investor.relations@flutter.com	Email: corporatecomms@flutter.com