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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Boss of Paddy Power owner to step down after forecasts cut

Paddy Power Peter Jackson Flutter United States Fanduel
Flutter said group chief executive Peter Jackson was stepping down after leading the business through its major expansion across the US in recent years (John Walton/PA) - (PA Archive)

Paddy Power owner Flutter has said its long-serving boss will step down as it cut its sales and earnings forecasts for the year.

The company, which also owns Betfair and SkyBet, reduced its guidance despite hailing a surge in betting activity during the World Cup.

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