Flutter Entertainment PLC Update on Kentucky legal proceedings (5441T)
25 Marzo 2021 - 4:31PM
UK Regulatory
TIDMFLTR
RNS Number : 5441T
Flutter Entertainment PLC
25 March 2021
Flutter Entertainment plc ("Flutter")
Update on Kentucky legal proceedings
The Kentucky Supreme Court has today denied a petition made by
Flutter for a rehearing of its 17 December 2020 decision relating
to legal proceedings originally brought by the Commonwealth of
Kentucky against certain subsidiaries of The Stars Group ("TSG") in
2010, prior to its combination with Flutter.
Flutter is disappointed by the denial of its rehearing petition
and continues to strongly dispute the basis of this judgment.
Together with its legal advisors, Flutter will continue to consider
its position in relation to the judgment, including potentially
appealing the ruling of the case to the US Supreme Court along with
other legal avenues which it may pursue thereafter.
Flutter remains confident that any amount ultimately paid to
resolve this matter will be a limited portion of the reinstated
judgment. Further announcements will be made in due course as and
when appropriate.
Contacts:
Investor Relations:
David Jennings, Group Director of Investor
Relations & FP&A + 353 87 951 3560
Ciara O'Mullane, Investor Relations + 353 87 947 7862
Liam Kealy, Investor Relations + 353 87 665 2014
Press:
Fi Thorne, Corporate Affairs + 44 75 2111 4787
Lindsay Dunford, Corporate Affairs + 44 79 3197 2959
Billy Murphy, Drury / Porter Novelli + 353 1 260 5000
James Murgatroyd, Finsbury + 44 20 7251 3801
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END
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March 25, 2021 11:31 ET (15:31 GMT)
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