Mary Turner departs Flutter boardroom position

Turner, who has been in post since May 2020, will depart her role at the end of September.

In addition, Turner’s role as chair of the workforce engagement committee will come to an end. Fellow non-executive director Nancy Cruickshank will assume that position from October.

Canadian national Turner was a corporate director and chair of corporate governance and nominating committee at Stars Group from 2017 until it merged with Flutter in May 2020. She has also held senior positions at Canadian Tire Corporation and Mackenzie Financial Corporation.

John Bryant, chair of Flutter, said: “I wish to take this opportunity to thank Mary for her exceptional contribution to the board. We wish her well for the future.”

It has been a time of change in Flutter’s boardroom with Bryant officially succeeding Gary McGann as chair at the start of September. The Australian national has also become chair of the nomination committee and is a non-executive director.

Strong US performance for Flutter in H1

Flutter recently revealed that its US business reached a “profitability inflection point” during H1 2023, with CEO Peter Jackson describing the period as “pivotal”.

Total revenue for the first half was £4.81bn, up from £3.39bn in the same period last year. Of this figure, £3.00bn came from sports betting and £1.81bn gaming.

As Jackson stated, the US was by far the highlight for Flutter in H1. Revenue was up 71.0% to £1.79bn, of which 98% came from the FanDuel brand, while adjusted EBITDA turned from a £132m loss to a plus of £49m.