A £1,000 bonus to 14,000 employees

Flutter gives nearly $20M in bonus to staff for their work during the pandemic

The gambling giant behind Sky Bet, Paddy Power and Betfair has handed its 14,000 employees a £1,000 bonus for helping steer the business through the coronavirus pandemic.
United Kingdom
Reading time 37 seg
The handout came as CEO Peter Jackson criticized the gambling ad ban which would mark the biggest shake-up in the industry for decades.

Flutter Entertainment, owner of Paddy Power and Betfair, is set to give 14,000 staff a £1,000 bonus as a result of their work during the pandemic.

The company's CEO Peter Jackson said “maybe we are all bookmakers at heart [and] there is a degree of risk-taking,” City AM reports. 

The handout came as Jackson hit out at the gambling ad ban which would constitute the biggest shake-up in the industry for decades. Officials have warned members of the sports industry that a crackdown on gambling sponsors is under consideration.

Football clubs, which would be the worst hit by such a measure, have warned that the timing of the move is wrong. Premier League and Championship sides take in about £110m a year from shirt sponsorship. Half the Premier League teams have some form of betting shirt sponsor.

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