Update on Kentucky legal proceedings

RNS Number : 5441T

Flutter Entertainment PLC

25 March 2021

 

Flutter Entertainment plc ("Flutter")

Update on Kentucky legal proceedings

The Kentucky Supreme Court has today denied a petition made by Flutter for a rehearing of its 17 December 2020 decision relating to legal proceedings originally brought by the Commonwealth of Kentucky against certain subsidiaries of The Stars Group ("TSG") in 2010, prior to its combination with Flutter.

Flutter is disappointed by the denial of its rehearing petition and continues to strongly dispute the basis of this judgment. Together with its legal advisors, Flutter will continue to consider its position in relation to the judgment, including potentially appealing the ruling of the case to the US Supreme Court along with other legal avenues which it may pursue thereafter.  

Flutter remains confident that any amount ultimately paid to resolve this matter will be a limited portion of the reinstated judgment. Further announcements will be made in due course as and when appropriate.

Contacts:

Investor Relations:
David Jennings, Group Director of Investor Relations & FP&A	+ 353 87 951 3560
Ciara O'Mullane, Investor Relations	+ 353 87 947 7862
Liam Kealy, Investor Relations	+ 353 87 665 2014
Press:
Fi Thorne, Corporate Affairs Lindsay Dunford, Corporate Affairs	+ 44 75 2111 4787 + 44 79 3197 2959
Billy Murphy, Drury / Porter Novelli	+ 353 1 260 5000
James Murgatroyd, Finsbury	+ 44 20 7251 3801

 

END

 

 

MSCBUGDXRDDDGBU