Flutter Entertainment says its mega-merger with The Stars Group won't be slowed by pandemic, but cash dividend is no longer on the table.
Gambling operators and regulators are taking increasingly harsh stance against affiliate marketing that mentions coronavirus.
Shares in Flutter Entertainment, GVC Holdings, The Stars Group and William Hill fall double-digits on estimates of coronavirus impact on 2020 earnings.
Citing other reasons than their merger with Flutter, The Stars Group have been cutting jobs in Dublin, Ireland.
Flutter Entertainment revenue tops £2b in 2019 as its FanDuel brand has "transformed" the company's US betting and online casino operations.
The founders and employees of FanDuel were cheated out of a stake in the company when it was sold to Paddy Power Betfair.
The Australian Competition and Consumer Commission says it has no issues with proposed merger of Flutter Entertainment and The Stars Group.
The UK's Competition and Markets Authority opens inquiry into the proposed merger of Flutter Entertainment and The Stars Group.
Scientific Games Corporation expands deal with Flutter Entertainment to provide online and mobile sports betting and iGaming for FanDuel in US markets.
Flutter Entertainment inks new UK racing live-streaming and data deal with Arena Racecourse Company, At The Races and The Racing Partnership.