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Q3 2022 Flutter Entertainment PLC Trading Statement Call Transcript
Good morning, everyone, and welcome to the Flutter Entertainment Third Quarter Update Call hosted by CEO, Peter Jackson; and CFO, Jonathan Hill. (Operator Instructions)
Thank you. I will now hand you over to Peter. Please go ahead.
Thank you, Ben. Good morning, everyone, and thank you for joining our Q3 trading update call. With me this morning is Jonathan Hill, our CFO. Hopefully, you've had a chance to review our statement this morning. So I'll just touch on some key points. The group delivered a strong third quarter with pro forma revenue and player growth of 11%, driven by continued strong momentum in the U.S. and our consolidate and invest international markets. In the U.S., we delivered another record quarter with revenue of $700 million, up 82% year-on-year.
We had an excellent start to the NFL season with sportsbook revenue up 150% and customer returns remain compelling, with a payback period predicted to be less than 18 months for those customers acquired
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