Flutter Entertainment, a publicly owned company headquartered in Ireland, was founded in 2016. With approximately 11,380 employees, the company reported $16.4B in revenue as of 2025. Functioning as a holding company for entertainment providers, Flutter Entertainment was established through the merger of Paddy Power and Betfair, followed by the acquisition of The Stars Group. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.