Digital
Transformation
Festival


16 March - 30 April 2020

Our online festival is underway with a packed programme of interviews and panels. Featuring talks from the industry’s biggest brands and most innovative individuals, this event explores what digital transformation really means for marketing.

Coming Up
30 Mar 10:00 GMT / 06:00 EST

In conversation with Publicis Sapient global CEO, Nigel Vaz

FEATURING

Speakers to be announced

Paddy Power Betfair to rebrand as Flutter Entertainment in transatlantic repositioning

Paddy Power Betfair to rebrand as Flutter Entertainment

For its entry into the US market, Paddy Power Betfair has rebranded to Flutter Entertainment.

Spurred by a period of rapid change in the sector, the rebrand aims to put the bookmaker firmly on the front foot after losing market share in Britain to the likes of William Hill, Bet365 and Betfred.

Newly relaxed rules on US sports betting have opened up virgin new markets for the betting giant, which is putting all its chips on the table to take full advantage of a unique opportunity across the Atlantic.

Chief executive Peter Jackson said: “Our collection of challenger brands are well positioned in their local markets. Paddy Power has regained its mojo, taking share following product improvements and some of our ‘classic’ marketing.

“The opening of the US online sports betting market has the potential to be the most significant development to occur within the sector since the advent of online betting. Rather than announcing our plans, we have moved quickly to give ourselves the best chance to win in that market.”

Shareholders have yet to approve the overhaul.

Flutter isn’t alone in shaking things up with William Hill reportedly seeking out a new creative agency as part of a US media review. Paddy Power itself hasn’t conducted a review of its own since 2017, when it dropped Lucky Generals in favour of Chime.

Join us, it's free.

Become a member to get access to:

  • Exclusive Content
  • Daily and specialised newsletters
  • Research and analysis

Join us, it’s free.

Want to read this article and others just like it? All you need to do is become a member of The Drum. Basic membership is quick, free and you will be able to receive daily news updates.