Flutter Entertainment has confirmed that Peter Jackson will step down as Group Chief Executive Officer on 30 September 2026, ending more than eight years of leadership.
Dan Taylor will assume the CEO role and join Flutter’s board on 1 October 2026, marking his second major promotion this year alone.
Jackson’s departure arrives during a turbulent period for the company, with Flutter’s NYSE-listed stock collapsing 51% year-to-date from $218 per share at the start of 2026 to just $104 as of 4 August.
Jackson first took the helm at Paddy Power Betfair in January 2018, and his early tenure was immediately shaped by the landmark acquisition of FanDuel in May 2018.
That deal followed the US Supreme Court’s repeal of PASPA, which opened the door to regulated sports betting across the United States for the first time.
The company rebranded as Flutter Entertainment in May 2019, then completed the $6bn acquisition of The Stars Group, operator of PokerStars, in May 2020.
“After nearly nine years as CEO, I believe this is the right point in Flutter’s journey for me to hand over the leadership of the business to Dan,” Jackson said in a statement confirming the transition.
Jackson went on to reflect on how Flutter had “changed beyond recognition”, transitioning from a UK-focused operator into what he described as “the world’s leading online sports betting and iGaming operator”.
Taylor’s appointment as Group CEO follows his promotion to President and CEO of Flutter International in May 2026, a role that placed him in charge of the company’s key non-US markets including the UK, Italy and Brazil.
That earlier promotion came after the departure of Amy Howe, long-time CEO of FanDuel, one of the two largest sportsbooks in the US alongside DraftKings.
Jackson praised Taylor’s “ability to grow businesses, build strong teams and deliver exceptional results”, adding that he has witnessed these qualities “first hand” and retains “great confidence” in Flutter’s future.
Peter Jackson will remain with the company as an advisor through the end of 2026 to support a smooth leadership transition.
Taylor responded to his appointment with optimism, saying: “I’m delighted to take on the role of Group Chief Executive Officer at such an important time for Flutter.”
He added that Flutter’s priority would be “to keep delivering for our colleagues, customers and shareholders, while building on the momentum we’ve created across the business.”
The leadership change also comes as Flutter acknowledged it mishandled its customer proposition, particularly by pulling back on promotions, leaving FanDuel with a smaller sportsbook business than it should have entering 2026.
Flutter is now investing approximately $270 million of additional EBITDA into its US business in the second half of 2026, targeting improved rewards, promotions and customer protections.
Shares fell 10% in early trading on above-average volume after Flutter lowered its 2026 midpoint guidance to $2.65 billion in EBITDA and $17.91 billion in revenue, representing cuts of $210 million and $395 million respectively.
