TLDR
- Flutter Entertainment confirmed layoffs at PokerStars across several regions.
- The cuts are part of a wider plan to bring PokerStars closer to FanDuel and other Flutter brands.
- PokerStars has already relaunched under the FanDuel name in North America.
- The layoffs follow earlier departures and cuts at FanDuel, including CEO Amy Howe’s exit.
- Flutter lowered its 2026 revenue guidance after a 38% drop in first-quarter net income.
PokerStars confirmed Tuesday that workers in several regions were told their jobs were being cut. The company did not say which countries were affected most.
Some roles in North America were included in the layoffs.
The cuts are part of a larger plan at Flutter Entertainment, PokerStars’ parent company. Flutter is working to bring PokerStars closer to its other brands, including FanDuel.
The goal is to build an operating model that focuses more on each local market. Flutter says this approach will help it compete better in different regions.
Company Responds to Regulatory Pressure
A Flutter spokesperson told SBC Americas that the restructuring is a response to tougher rules and stronger competition in many markets.
“While we have sought to minimize the impact on colleagues, including through opportunities for redeployment, the proposals will unfortunately result in a number of roles being affected,” the spokesperson said.
The spokesperson added that the company is talking with affected employees and will offer support during the transition.
PokerStars has already relaunched under the FanDuel name in North America. The company says operations in other parts of the world will not change.
Existing licenses and market presence in those regions will stay the same.
FanDuel Has Seen Its Own Changes
The job cuts at PokerStars follow a string of departures at FanDuel earlier this year.
In mid-May, FanDuel CEO Amy Howe left the company without warning. Company president Christian Genetski took over her role.
A few weeks later, FanDuel confirmed it had let go of hundreds of workers as part of its own restructuring.
Soon after, Asaf Noifeld, managing director of FanDuel Casino, announced he would leave. Noifeld had spent more than ten years at Flutter and had also worked at PokerStars.
These changes have come during a period of financial strain for Flutter. The company cut its full-year revenue outlook for 2026 after reporting a 38% drop in global net income in the first quarter.
Flutter’s business in the United States has performed better than other markets. Revenue in the U.S. rose 6% year-over-year to $1.76 billion, and iGaming revenue climbed 19%.
PokerStars, now running under the FanDuel brand in North America, brought in an estimated $2.74 million in gross revenue across its three-state network in April, its first month after the relaunch.
Flutter had already made job cuts in India last November, before this latest round at PokerStars.
