All articles tagged with #dan taylor
Dan Taylor will become Flutter's group chief executive on Oct. 1, 2026, succeeding Peter Jackson who will step down from the board on Sept. 30 and remain as adviser through year-end; Taylor, currently head of Flutter's International division, will also join Flutter's board, as the company aims to maintain growth momentum including FanDuel's sportsbook improvement plan.
Flutter Entertainment missed Q2 earnings estimates and cut its full-year U.S. EBITDA guidance by 22% to $760 million, announcing CEO Peter Jackson will depart at quarter’s end with Dan Taylor taking over Flutter’s international business on Oct. 1. The company plans about $270 million in additional U.S. EBITDA investment in H2 2026 to boost FanDuel through better rewards, promotions and protections, as FanDuel’s U.S. market share slips. Shares fell about 13% after the announcement, while Flutter pushes a pivot to revive FanDuel and restore momentum ahead of 2027.
Flutter Entertainment says CEO Peter Jackson will step down in October and will be replaced by Dan Taylor, as the group cautions that higher US investment will reduce near-term profits and trims revenue guidance by $395 million to $17.9 billion and EBITDA guidance by $210 million to $2.66 billion; shares fell after the announcement. The move comes as FanDuel faces competition from prediction markets, and Flutter accelerates US growth with bets and partnerships while continuing its global expansion.