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

flutter-gives-nearly-$20m-in-bonus-to-staff-for-their-work-during-the-pandemic

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lutter 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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