Sky Bet owner breaks records in the US

Flutter Entertainment, the bookmaker behind brands such as Sky Bet, Paddy Power and Betfair, has said it will be the first operator to smash through the $1bn (£750m) revenue barrier in the US. Betting firms are scrambling to gain market share across the Atlantic as a decades-long ban on sports gambling is repealed on a state-by-state basis. Chief executive Peter Jackson said: “We think it is a major first for an online operator.” US gross gambling revenue was on track to be $1.