By Jaime Llinares Taboada

Flutter Entertainment PLC said Wednesday that its Australian business Sportsbet achieved a market share of over 50% in the first half of 2021.

The Dublin-based company said the online sports-betting market continues to grow strongly in Australia, and it generated compound annual growth of 21% over the last five years.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

September 22, 2021 02:49 ET (06:49 GMT)