After what was "a transformational year" for Flutter Entertainment, the group has reported positive results for 2020.
Unparalleled scale and diversification was achieved following the merger with The Stars Group and the accelerated buy-out of minority shareholders in FanDuel at a "compelling valuation."
Peter Jackson, chief executive, commented: "2020 was an historic year for the group as we completed our merger with TSG, commenced the integration of our two businesses and increased our ownership of FanDuel in the US, while at the same time navigating the challenges presented by the Covid-19 pandemic.
"Safer gambling is critical to building a sustainable global business and we are determined to lead the industry in implementing the highest standards of customer protection across our markets.
"This includes the UK, where we welcome the government's review of gambling legislation and support the delivery of a balanced framework that will protect vulnerable customers while allowing the many who enjoy a bet to continue to do so safely.
"We delivered a very strong financial performance in 2020, benefiting from our scale and diversification. We continue to grow our recreational player base across all key regions, in Q4 alone the group had over 7.6 million monthly online players.
"Nowhere has our growth been more evident than in the US where we have consolidated our number one position in this crucial market, with customer economics that continue to exceed our expectations, finishing the year as the first US online operator to reach over $1.1bn in gross gaming revenue.
"During this exceptionally testing time, we have focused on safeguarding the welfare of colleagues and contributed more to the communities in which we operate.
"I would like to take this opportunity to thank all my colleagues for their ongoing commitment and resilience as we face these challenging times together. While the global outlook remains uncertain, our momentum remains strong and we look forward to the future with confidence."
