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  "presentationDate": "2023-08-01 00:00:00",
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  "notes": "Includes specific guidance on revenue, EBITDA, interest, depreciation, tax, capex, and cash costs.",
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      "text": "Other modelling items: Interest: c.£285m; Depreciation: c.£495m; Tax: Group ex-US tax rate of 25-27% partly offset by US deferred tax asset recognised of £166m; Capex: c.£500m; H2 additional cash costs: c.£155m; Expect to report full year 2023 in US GAAP.",
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      "text": "1 All guidance assumes sports results in line with expected margin. US assumes launch in Kentucky in September 2023. 2 Buyout of additional 32.5% of Junglee in July as expected, bringing Flutter’s ownership to 84.8%",
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      "text": "Current trading: H2 trading to date in line with expectations. US: Revenue $4.5bn-$4.9bn, EBITDA $120m-$240m. Group ex-US: EBITDA £1.44bn-£1.60bn.",
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