Flutter’s Audit Chair Receives Licensing Approval from Nevada Gaming Commission

The global gaming and entertainment company, Flutter Entertainment, is set to list its shares on the NYSE next week. In preparation for this milestone, the company has obtained licensing approval for a board member and chair of its audit committee from the Nevada Gaming Commission. Holly Koeppel has been approved as a board member and chair of Flutter’s audit committee by the Commission, as reported by CDC Gaming Reports.

Koeppel, who was appointed to Flutter’s board in 2021 and has held the role of senior independent director and audit chair since 2022, is expected to bring her extensive experience to her new position. She expressed the significance of staying informed about the rapidly changing regulations in the industry, noting that adapting to new laws and sector changes is crucial for success.

During the licensing hearing, Commissioner Brian Krolicki raised concerns about Koeppel’s ability to balance her new role with existing audit committee chair positions at other companies. Koeppel assured the Commissioner that she understands the challenges that come with the role and is equipped to handle them.

Meanwhile, Flutter recently released its Q4 results, which showcased a 12% year-over-year increase in the number of average monthly players (AMPs) and an 11% growth in revenue, reaching £2.67 billion ($3.38 billion) for Q4 2023. Peter Jackson, the company’s chief executive, spoke optimistically about Flutter’s positive momentum and projected continued expansion and growth in 2024 and beyond.