Flutter Entertainment, a global leader in online sports betting and iGaming, has unveiled a new technology center in Hyderabad, India, marking a significant $3.5 million investment in the region. This strategic expansion highlights Flutter’s commitment to harnessing top-tier talent and fostering innovation in one of the world’s most dynamic tech markets.
The Hyderabad Global Capability Centre: A Hub of Excellence
Situated in the prestigious RMZ Spire within Knowledge City, Hyderabad, the new Global Capability Centre spans over 80,000 square feet. This state-of-the-art facility employs over 700 professionals across various critical departments, including Data Engineering, Game Integrity Services, Human Resources, Procurement, Safety and Security, and Customer Operations.
Flutter Entertainment plans to scale its workforce to 900 by the end of the year, with a strong focus on recruiting specialists in data analytics and engineering. Furthermore, the company aims to achieve a 40% female leadership team at the center by 2026, underscoring its commitment to diversity and inclusion.
Commitment to Innovation and Sustainability
The Hyderabad center is designed to be a beacon of innovation, leveraging the Flutter Edge. This unique competitive advantage supports the company’s global brands such as Paddy Power, Sisal, Sky Betting & Gaming, PokerStars, Sportsbet, and Betfair. This new hub is not just about business growth; it’s also about sustainability. The US Green Building Council awarded the facility Gold certification for its Leadership in Energy and Environmental Design, demonstrating Flutter’s dedication to reducing environmental impact.
As part of its Positive Impact Plan, Flutter is also investing £30,000 in local initiatives around Hyderabad for the year 2024, reinforcing its commitment to making a meaningful difference in the communities it serves.
Leadership Insights: Driving Global Growth
Phil Bishop, Chief Operating Officer of Flutter Entertainment, emphasized the significance of this expansion: “Our growth in India represents a major milestone for Flutter. This new centre of excellence in Hyderabad is designed to foster creativity and growth, solidifying our presence in the Indian job market.”
Ashish Sinha, Managing Director of Flutter Entertainment India, echoed these sentiments: “Expanding our facility in Hyderabad aligns perfectly with our global vision of continuously improving our products and technology. India presents a substantial opportunity for our business, and we are eager to lead the sector globally while maintaining a challenger mindset.”
Impact on Online Gambling: A Broader Perspective
This strategic expansion into India bolsters Flutter Entertainment’s operational capabilities and positions the company to enhance its offerings in the global online gambling market. By tapping into the rich talent pool in India, Flutter can accelerate the development of cutting-edge technologies and data-driven insights that are crucial in staying ahead in the competitive iGaming and sports betting industry. This move is expected to lead to more innovative and secure gaming experiences for users worldwide, potentially reshaping the future of online gambling.