Flutter cuts jobs as igaming power shifts from UK to US

The vast majority of job losses are expected at the company's Leeds headquarters, with a smaller number, fewer than ten, coming from its Dublin office.

Flutter says the job cuts are due to rising costs and tighter regulations, but that’s only part of the story. This isn’t just a routine restructuring. It’s a clear sign that the company is shifting its focus globally, and it’s starting to reshape where the real power in the iGaming world lies.

The numbers behind the cuts

The redundancies primarily affect the company’s product and technology teams as Flutter moves to bring all its brands onto a single tech platform. This includes Sky Bet, which will soon be migrated to the Paddy Power Betfair infrastructure.

A Flutter spokesperson said;

 As part of a broader strategy to bring some of our brands onto a single tech platform, and against the backdrop of increasing cost and regulatory pressure, we have entered into consultation with a number of colleagues.

For many of those colleagues, particularly in Leeds, the news has landed hard. 

Flutter employs around 1,000 people at its Wellington Place office, a tech hub that now finds itself at the heart of this restructuring.

The U.S. is calling

Flutter’s pivot away from Europe coincides with a dramatic acceleration in its US business.

In early 2024, it moved its primary stock market listing from London to New York, a decision backed by 98% of shareholders.

The financial logic is clear. In Q1 2025, Flutter’s US revenue reached nearly $1.7 billion, compared to $882 million from its UK and Ireland operations. 

For a global business chasing growth, the US is now its centre of gravity.

Signalling a broader shift in global igaming power

The layoffs may be local, but they reflect a global shift. 

While European markets battle regulatory headwinds and sluggish revenue growth, the US online gambling market continues to surge.

Flutter has embraced this momentum. Its subsidiary FanDuel is absorbing new state tax initiatives, including a controversial per-wager fee in Illinois, as it eyes further expansion.

This, paired with acquisitions like Italy’s Snaitech, shows Flutter is rebalancing towards growth-heavy markets, even as legacy hubs like the UK and Ireland are scaled back.

What does this mean for people’s livelihoods?

With over 8,600 staff still employed across the UK and Ireland, the cuts may only be the beginning. 

As brands consolidate and operations streamline, further waves of redundancies could follow, not just at Flutter, but across the European sector.

For tech teams in Leeds and Dublin, it’s a tough pill to swallow. 

Europe may have laid the groundwork for iGaming, but the future is clearly being built somewhere else.

From British betting shops to American online casino apps

Flutter’s restructuring isn’t just about efficiency. It’s a reflection of where the world’s iGaming energy is shifting, from the betting shops of Leeds to the online gambling apps of Boston.

For employees caught in the middle, it’s more than a business decision. It’s a moment of upheaval, even loss and certainly one that speaks volumes about the changing face of gambling in 2025.