Flutter Entertainment Announces CEO Transition as Peter Jackson Steps Down After Eight Years
Peter Jackson steps down as Flutter CEO after eight years; Dan Taylor, a 10-year veteran, succeeds him on October 1. The move follows a 70% share-price drop, London delisting and FanDuel pressures. International revenue exceeded $9bn in 2025.
SCCG Take — This internal succession provides continuity yet underscores risks around valuation and US competition. Taylor must demonstrate he can reverse profit guidance erosion while managing regulatory headwinds.
Flutter Entertainment’s CEO Peter Jackson will step down at the end of September after more than eight years leading the operator. Dan Taylor has been named successor and will take the role on October 1. The news comes days after Flutter ceased trading in London and as its shares have fallen sharply.
The company’s stock is down 70 per cent over the past year and 58 per cent year to date. It dropped another 14 per cent after the announcement, briefly trading below $90. At its 2025 peak, shares stood above $300 with market capitalization between $36bn and $42bn. As reported by Focus Gaming News, the transition marks an inflection point for the NYSE-listed gambling giant.
Jackson’s Tenure: From Paddy Power Betfair to Global Portfolio
Jackson became CEO in January 2018 at Paddy Power Betfair. His early leadership included the acquisition of FanDuel in May 2018, shortly after the Supreme Court repealed PASPA. The company rebranded as Flutter Entertainment in May 2019 and bought The Stars Group for $6bn in May 2020, adding PokerStars.
The portfolio grew to encompass FanDuel in the US, Sky Bet, Paddy Power, Adjarabet, Sisal, Snaitech and Betnational. Jackson called it “such a privilege to lead Flutter’s transformation” and praised its “portfolio of world-class brands, talented colleagues and genuine competitive advantages.” The record shows clear execution across acquisitions and market entries.
Taylor’s Background and the Risks That Lie Ahead
Taylor joined in March 2015 as managing director of Paddy Power’s retail division. He advanced to senior roles at Paddy Power Betfair, became president of Flutter International in 2020, and was promoted to President and CEO of Flutter International in May 2026. The International business generated more than $9bn revenue and over $2.2bn Adjusted EBITDA in 2025.
Jackson commended Taylor’s “ability to grow businesses, build strong teams and deliver exceptional results.” Taylor responded that he is “delighted to take on the role of Group Chief Executive Officer at such an important time for Flutter,” adding that priorities include delivering for colleagues, customers and shareholders while seizing market opportunities.
The immediate risks are tangible. Consecutive profit guidance downgrades, US market-share pressure on FanDuel, UK gaming tax increases and competition from prediction markets all weigh on valuation. With more than 30 years advising operators, investors and regulators on securities and gaming matters, I see this as a structural test of whether an internal successor can restore confidence without major strategic resets. Execution in the US and disciplined international delivery will decide if the transition stabilizes the business or exposes further vulnerabilities.
Reporting: Focus Gaming News
Internal succession buys continuity, but Taylor inherits a valuation crisis and must prove he can reverse FanDuel's erosion and profitability slide.
We've tracked Flutter since the Paddy Power Betfair days — this isn't just a handoff. A 70% share collapse, delisting from London, and FanDuel pressure signal deep investor doubt. Taylor ran a $9bn international operation; now he needs to show Wall Street he can fix the U.S. engine that once justified the entire valuation.
- Jackson steps down September 30 after eight years; Taylor promoted from Flutter International
- Stock down 70% in twelve months, dropped 14% on news, trading below $90 vs. $300 peak
- Taylor led International to $9bn+ revenue; faces U.S. profitability and regulatory headwinds
SCCG angle: SCCG works both sides of this equation. If you're eyeing distressed Flutter assets or partnerships as valuation pressure mounts, we broker those conversations quietly — our network spans every major operator and regulator. If you're competing with FanDuel, we help you exploit this leadership gap with smarter state-level partnerships and faster go-to-market execution.
Gaming, betting and prediction markets — the desk’s read, every weekday.
Subscribe →