Flutter to Slash Over 200 Jobs in Ireland and Britain

By Arijit Roul - 18 Jun, 2025 More about the author

Flutter, which owns Paddy Power, may eliminate more than 200 jobs in both Ireland and Britain as it consolidates its brands onto a single central tech system. There is no detailed information yet about which offices or departments will lose jobs, as management is still in talks with employees. Most roles under threat come from Flutter’s teams that handle technology and product, and it seems almost all of these jobs in danger are based at the Leeds office.

Dublin’s office is not as heavily affected, with fewer than 10 roles expected to be made redundant there. Flutter made a public statement that this process began due to rising costs and stricter regulations set by regulators. A spokesperson explained the changes, saying, “As part of a wider plan to bring various brands to a single tech platform – and due to increasing cost and regulatory stress – we began talks with some staff.”

Flutter Reports Mixed Outlook amid Growth, Layoffs, and New U.S. Betting Tax

The company mentioned that they were helping affected workers by trying to find alternative jobs within the company, but some positions would unfortunately be eliminated later in the year. In the United States, Flutter owns FanDuel, a popular online betting brand. The company’s recent results showed sales rose nearly 8%, reaching $3.67 billion (€3.21 billion), and their adjusted earnings per share landed at $1.59.

Flutter lifted their sales estimate for the full year by $1.15 billion after two acquisitions as well as changes in foreign exchange rates. However, they lowered the yearly expectation for US revenue by $280 million. Earlier this month, Flutter said a new betting tax in the US will be passed on to customers. Anyone making a bet with FanDuel in Illinois will start to see a 50 cent fee added to every wager from September 1st onward.