By The Weekly Edge desk ·
Flutter FLUT · USD 75.60 2026-10-16 Data recorded a $296m second-quarter loss, European Gaming reported. It lowered full-year adjusted EBITDA guidance by $210m and named Dan Taylor its next chief executive.
The results combine a quarterly loss with a reduced full-year earnings outlook.
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Additional US spending will reduce near-term profitability, according to Flutter.
The succession changes Flutter’s leadership as FanDuel’s earnings outlook is reduced.
The succession transfers Flutter’s leadership to its international business chief.
The timetable defines Flutter’s leadership handover and transition support.
The appointment establishes Flutter’s chief executive succession.
The succession changes both Flutter’s executive leadership and board membership.