Flutter Entertainment (DI) (FLTR)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

14,810.00p
   
  • Change Today:
    -140.00p
  • 52 Week High: 17,475.00
  • 52 Week Low: 12,155.00
  • Currency: UK Pounds
  • Shares Issued: 177.60m
  • Volume: 364,742
  • Market Cap: £26,303m
  • RiskGrade: 135

Top mental health official calls for gambling firms to fund addicts' treatment

By Caoimhe Toman

Date: Wednesday 07 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Head of mental health in England, Claire Murdoch, said on Wednesday that gambling firms should fund treatment for gaming addicts.

According to the Guardian, she complained that the NHS should not be left to "pick up the pieces" as these people require specialist help.

"After seeing the destruction the gambling industry has caused to young people in this country, it is clear that firms are focused on profit at the expense of people's health, while the NHS is increasingly left to pick up the pieces," she said.

"In a year when the NHS has dealt with our biggest challenge yet in Covid-19, the health service's psychologists and nurses having been treating hundreds of people with severe gambling addictions.

"The gambling industry must take more responsibility, as the nation has come together over the last year to support the NHS, whether it be volunteering as vaccinators or showing their gratitude to staff. The bookmakers must also step up and agree to a mandatory levy to pay for dealing with the harms of problem gambling."

Murdoch also decried the voluntary system by which firms decide how much they wish to donate to help people in need. According to the Guardian, there had been reports that some firms only give out nominal sums to appear on the donors' lists.

Her comments came on the back of an ongoing review into the laws regulating the sector and the government's plans to open more gambling clinics.

Mandatory levies for companies that inflict these mental health issues are being considered by regulators and the DCMS.

Gambling firms are nevertheless enjoying a very positive spell as the coronavirus lockdowns have led to people turning to online gaming and betting as a form of entertainment.

Companies such as Paddy Power and Ladbrokes Coral have seen a spike in demand and have duly cashed in.

Listed betting companies have seen their stocks turbocharged by the pandemic with Flutter rising a 70% since the start of 2020 for example.

UK gambling bosses have experienced a rise in personal wealth of £4.9bn according to This is Money. Denise Coates, CEO of Bet365, pocketed £469m in pay and dividends in 2019-2020.

Since April 2020, there have been 750 new gambling addicts that have needed specialist clinics, said the report from the Guardian.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FLTR Market Data

Currency UK Pounds
Share Price 14,810.00p
Change Today -140.00p
% Change -0.94 %
52 Week High 17,475.00
52 Week Low 12,155.00
Volume 364,742
Shares Issued 177.60m
Market Cap £26,303m
RiskGrade 135

FLTR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.69% below the market average91.69% below the market average91.69% below the market average91.69% below the market average91.69% below the market average
96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average
Price Trend
84.90% above the market average84.90% above the market average84.90% above the market average84.90% above the market average84.90% above the market average
67.86% above the sector average67.86% above the sector average67.86% above the sector average67.86% above the sector average67.86% above the sector average
Income
63.38% below the market average63.38% below the market average63.38% below the market average63.38% below the market average63.38% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
71.29% above the market average71.29% above the market average71.29% above the market average71.29% above the market average71.29% above the market average
13.21% below the sector average13.21% below the sector average13.21% below the sector average13.21% below the sector average13.21% below the sector average

What The Brokers Say

Strong Buy 10
Buy 12
Neutral 3
Sell 0
Strong Sell 0
Total 25
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FLTR Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 11-Apr-19
Paid 09-Oct-19 21-May-19
Amount 67.00p 133.00p

Trades for 07-Jun-2024

Time Volume / Share Price
17:14 766 @ 14,812.50p
17:14 766 @ 14,812.50p
17:14 766 @ 14,812.50p
17:14 766 @ 14,812.50p
17:14 766 @ 14,812.50p

FLTR Key Personnel

CEO Peter Jackson
CFO Rob Coldrake

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