Flutter Entertainment CEO Peter Jackson to step down, Dan Taylor named successor
Flutter’s CEO will step down after eight years at the helm of the NYSE-listed gambling giant.
Ireland.- Just two days after Flutter Entertainment ceased trading in London, the Dublin-headquartered gambling giant has announced that chief executive officer Peter Jackson will step down after over eight years at the helm of the company. Jackson will leave the role at the end of September, with Dan Taylor set to take over leadership.
Jackson’s departure follows a turbulent period for the operator. The growing importance of the US market amid FanDuel’s sports betting expansion saw the company shift its listing from Dublin and London to the New York Stock Exchange in 2024. However, Flutter’s share price has fallen by 70 per cent in the past year and 58 per cent in the year to date. The price fell 14 per cent after the news today, briefly dipping below $90.
Jackson has led the business since January 2018 when he became CEO of Paddy Power Betfair. His early tenure coincided with the landmark acquisition of FanDuel in May 2018, announced shortly after the Supreme Court’s repeal of PASPA paved the way for regulated sports betting in the US.
The company rebranded as Flutter Entertainment in May 2019 and expanded further in May 2020 with the $6bn purchase of The Stars Group, operator of PokerStars. Under Jackson’s leadership, Flutter built a portfolio of leading brands including FanDuel in the US, Sky Bet and Paddy Power in the UK and Ireland, Adjarabet in Georgia, Sisal and Snaitech in Italy and Betnational in Brazil.
Reflecting on his tenure, Jackson said it “has been such a privilege to lead Flutter’s transformation” and praised the company as “a fantastic business, with a portfolio of world-class brands, talented colleagues and genuine competitive advantages.”
Taylor will take up the CEO role and join Flutter’s board on October 1. He has been with the company for over a decade having joined Paddy Power as managing director of its retail division in March 2015. He later held senior roles in Paddy Power Betfair and joined Flutter’s executive team in 2020 as president of Flutter International. In May 2026, he was promoted to President and CEO of Flutter International, overseeing operations outside the US in markets such as the UK, Italy, and Brazil.
In 2025, Flutter became the world’s most valuable publicly listed gambling operator. At its peak, its shares trading above $300 and a market capitalisation between $36bn and $42bn. However, consecutive downgrades to profit guidance and intense US market-share pressure on FanDuel have dented investor confidence. Taylor will now have to steer the company through the challenges of regulatory changes, the rise in gaming tax in the UK and competition from prediction markets platforms in the US.
Flutter’s International division, generated more than $9bn of annual revenue and over $2.2bn of Adjusted EBITDA in 2025. During Taylor’s tenure, the business has expanded through a series of strategic acquisitions and transformations. As Flutter President, Taylor also had responsibility for commercial delivery and played a central role in shaping FanDuel’s sportsbook improvement plan.
Jackson commended Taylor’s “ability to grow businesses, build strong teams and deliver exceptional results”.
“I’m delighted to take on the role of Group Chief Executive Officer at such an important time for Flutter,” Taylor said. “Our priority will be to keep delivering for our colleagues, customers and shareholders, while building on the momentum we’ve created across the business.
“The opportunities ahead are significant – both those we see in the market today and those we will create ourselves in the future. I look forward to leading the business as we continue to innovate, grow and build on the strengths that make Flutter unique.”
