Betting giants to unveil growth amid takeover speculation

Strong US results for the owners of Paddy Power and Ladbrokes, Flutter and Entain respectively, may spark a wave of acquisitions
Strong sales growth and profitability have attracted interest for betting firms. File picture

Strong sales growth and profitability have attracted interest for betting firms. File picture

Gambling giants Flutter and Entain are expected to reveal another six months of strong growth amid speculation that their recent successes could result in mammoth takeover deals from the US.

Strong sales growth and profitability have attracted interest for betting firms, and shareholders will be keen to see continued momentum when Paddy Power owner Flutter and Ladbrokes owner Entain announce their latest figures on Tuesday and Thursday respectively.

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