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Flutter CEO Peter Jackson Signals Bid Interest in Italy’s Main Lottery Licence

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Flutter Entertainment chief executive officer (CEO) Peter Jackson has signalled an interest in potentially pursuing a €1 billion-plus bid for Italy’s main lottery licence, as the current contract with fellow gambling giant International Game Technology (IGT) expires in 12 months’ time.

Jackson reportedly told The Irish Times that Flutter was interested in making a bid for the lottery licence mainly so it could direct customers to its online gambling offerings. The newspaper reported that the CEO said Flutter was bypassing Italy’s ban on the advertising of online gambling by cross-selling through its lottery licence by providing scannable links on the backs of lottery tickets.

“We don’t have to, but if it makes economic sense, we’ll do it,” Jackson said when asked if Flutter would bid for the Italian lottery licence.

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The main Italian lottery has been run by International Game Technology (IGT), previously Lottomatica Holdings, for three decades via its Lotterie Nazionali and Lotto Italia subsidiaries. The current contract expires in 12 months’ time, and the Italian government is to launch a bidding process for a new nine-year licence. The minimum tender has been set at €1bn, payable in installments.

Flutter, the parent of Paddy Power, Betfair and the fast-growing US brand FanDuel, reported that its revenues grew by 27% in the third quarter to $3.25 billion, to beat the consensus estimate of analysts by almost $150 million. Adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) soared 74% to $450 million.

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Amusnet Releases its Latest Video Slot, Wenshi Lion

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Amusnet has released its latest video slot game, Wenshi Lion. With five reels and 40 fixed paylines, the game brings ancient Chinese tradition to life, combining it with thrilling gameplay and top-notch visuals.

Watch as the majestic Wenshi Lion leaps into action in the form of Expanding Wild. This powerful symbol can expand in all directions (horizontally, vertically and diagonally) on the reels, substituting for all symbols, and it can even grow to cover the entire screen, forming one massive Wild symbol.

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Compliance Updates

Spain: The Responsible Gaming Advisory Council Renews its Composition

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The General Directorate for the Regulation of Gambling (DGOJ), which reports to the Ministry of Social Rights, Consumption and the 2030 Agenda, held the constituent meeting of the recently renewed Responsible Gambling Advisory Council.

This renewal follows the expiration of the previous council’s term last May. The meeting was chaired by the Director General of Gaming Regulation, Mikel Arana, in his capacity as president of the Council.

As in previous compositions, the Responsible Gaming Advisory Council incorporates professionals and representatives from the General State Administration and the Autonomous Communities, experts in the scientific, healthcare and academic fields who carry out activities related to gambling disorders, and finally, representatives of institutions, organisations and associations related to the gambling sector and gambling operators.

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Presentation of the Safe Gaming Programme 2026-2030

In addition to the constitutive session of the new composition, the meeting focused on the presentation, by the General Directorate of Gaming, of the proposal for the Safe Gaming Programme 2026-2030, a strategic document that establishes the lines of work for the next four years.

This document reflects three priorities: analysis and diagnosis of the current situation, prevention and promotion of safe gaming and participant protection.

The programme also includes six general objectives and 22 specific measures, which aim to promote new lines of work in collaboration with the Advisory Council.

The new Council members will have three months to provide input on the draft programme proposal submitted, with the goal of reaching a consensus and approving a final document to guide public policy on safe gaming at the next Advisory Council meeting.

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BGC Welcomes Government Investment in Grassroot Sports

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STANDARDS body the Betting and Gaming Council (BGC) has welcomed the UK Government’s recent announcements to spend £400m boosting grassroots sport and its new Modern Industrial Strategy.

The investment in grassroots sport is part of a wider £900m package of “transformational” cash backing which will also create a pipeline of major sporting events in the UK, including Euro 28, the 2026 European Athletics Championships and start stages of the men’s and women’s Tour de France in 2027.

BGC members are already major contributors to grassroots sport, through Entain’s Pitching In and Flutter’s Cash for Clubs, plus sponsorship deals which support sports including horse racing, darts, rugby league and snooker.

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BGC CEO Grainne Hurst said: “As long-time committed supporters of grassroots sports through investment, charity partnerships and sponsorship deals, we are delighted to see the Government commit more cash to unite communities and inspire people to take up sport.

“We absolutely agree with DCMS Secretary of State Lisa Nandy, sport tells our national story in a way like no other, and thanks to this funding alongside the money invested by BGC members, we are creating and improving new ways for tomorrow’s sporting heroes to train and take part in sport.”

Pitching In is an Entain initiative to support and develop grassroots sport in the UK, helping non-league clubs improve their facilities and providing a platform for aspiring athletes to chase their dreams.

The multi-million-pound, multi-year investment programme is working with Isthmian, Northern Premier and Southern League clubs, known as the Trident Leagues, to champion their achievements and tell their stories.

Meanwhile Flutter’s Cash4Clubs, has donated £6.5m since 2008 in small grants to grassroots sports and community clubs across Ireland and the UK, particularly in areas of need.

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More widely, BGC members are huge financial supporters of sport. According to a report by EY commissioned by the BGC, horseracing benefits to the tune of £350m annually, while the English Football League and its clubs receive £40m, and snooker, darts and rugby league receive more than £12.5m.

Meanwhile, in a separate announcement the Government launched its new Modern Industrial Strategy, which included a commitment to an internationally competitive tax regime to promote the UK as a prime destination for business and growth, plus a renewed focus on the creative industries.

The BGC has repeatedly urged the Government not to raise taxes on betting and gaming amid a new online tax consultation.

BGC CEO Grainne Hurst said: “We welcome this boost for creative industries, but the BGC would have welcomed more focus on the leisure and tourism sector. The land-based betting and gaming sector, including our world leading casinos, are a pillar of the UK economy, and are generating growth across the nation’s towns and cities. They deserve continued Government support,” she added.

“We also welcome the Government’s commitments to a tax regime that supports its growth ambitions. We have been clear, any tax rises on our sector will not boost growth, but will force people to the growing unsafe gambling black market.”

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