Flutter Entertainment, a Dublin-based online sports betting and iGaming company, announced on Tuesday the opening of a new Global Capability Centre (GCC) in Hyderabad with a $3.5 million (Rs 29 crore) investment.
The 80,000-square-foot facility will house over 700 people and work on data engineering, game integrity, and other critical operations. The New York Stock Exchange-listed firm also intends to increase its workforce to 900 in a few months and attain 40% female leadership by 2026.
"Our entry into India is a significant milestone in Flutter's growth, demonstrating our ongoing commitment to investing in top personnel to achieve global company success. With centers of excellence for data engineering, game integrity services, customer and HR operations, procurement and finance, and the power of the Flutter Edge, the Hyderabad GCC is designed to foster creativity and growth while also strengthening our presence in the Indian employment and skills market," said Phil Bishop, Chief Operating Officer of Flutter Entertainment.
The business stated that the teams stationed in Hyderabad would play an important part in supporting its worldwide expansion across brands including Paddy Power, Sisal, Sky Betting & Gaming, PokerStars, Sportsbet, and Betfair, among others.
Furthermore, it made a GBP 30,000 commitment for the year 2024 to assist local activities in Hyderabad through its social initiative, Do More.
Ashish Sinha, Managing Director of Flutter Entertainment India, stated, "We want to develop while retaining a challenger attitude and dominating the field worldwide, and India represents a tremendous potential for our company. This growth is consistent with our worldwide aim of changing the game by allowing constant innovation in product and technology throughout our iGaming and sports betting portfolio of businesses."
Flutter has a diversified portfolio of online sports betting and iGaming brands, including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Tombola, Betfair, MaxBet, Junglee Games, and AdjaraBet.
