Flutter names Amy Howe as CEO of FanDuel

Bookmaker Flutter has appointed Amy Howe as permanent chief executive of its American gambling subsidiary FanDuel.

Flutter said on Monday that Howe, who joined FanDuel in February as president before being appointed interim CEO in July, had led the transformation and modernisation of Ticketmaster's ticketing platform before joining the company, doubling its growth in gross ticketing value and its mobile app customer base by 400%.

Chief executive Peter Jackson said: "I am delighted to confirm the appointment of Amy as our new US CEO. Since joining the business at the start of this year she has done an excellent job of leading our commercial functions and ensuring that we execute well at this critical phase of growth for our business.

"The expansion of the US market represents the single most exciting opportunity for Flutter today. Amy's track record of leadership and experience in scaling a digital business will be invaluable as we look to grow our leadership position there."

As of 0915 BST, Flutter shares were down 0.74% at 14,710.0p.