Junglee Games Parent Flutter Shifts Global Focus After India Exit, Prioritizes Scale

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Flutter's India Exit: A Global Gaming Pivot, Not Retreat

Flutter reported robust FY2025 numbers with revenue up 17% to $16.38 billion, average monthly players up 14 and adjusted EBITDA up 21% to $2.85 billion.

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Storyboard•02-03-2026, 08:29

Flutter's India Exit: A Global Gaming Pivot, Not Retreat

•Junglee Games' parent Flutter rebrands India exit as strategic global gaming pivot, leveraging scale.
•India's Promotion and Regulation of Online Gaming Act, 2025, forced Flutter to halt real-money operations.
•Flutter laid off 350 employees in India; 600 retained for redeployment in cross-market product development.
•Company incurred a $556 million impairment charge and a net loss of $789 million in Q3 2025 due to India shutdown.
•Despite India setback, Flutter reported strong FY2025 revenue of $16.38 billion, up 17%.

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