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Flutter’s Modern Slavery Statement

flutter.com

1–10 of 16 posts

Re: Flutter’s Modern Slavery Statement

#4
I don't mean to sounds cynical, but what is this really going to do besides signaling to investors how much they "care".

If the company was a mine, or some other business with a large on the ground operation in places where modern slavery is a thing, then I could see a statement like this holding water.

But you guys arent a mine, or a lumber factory, you provide online gambling services. I'm really struggling to see what they could possibly do one way or the other in terms of modern slavery besides the usual like auditing your vendors, but again, hard to imagine them having vendors that employ modern slavery given their market.

Re: Flutter’s Modern Slavery Statement

#6

Wait, what?? Hold on a second. Why do they feel the need to say this? Some important piece of information is being omitted here. It's like if you bought a box of cereal and it said on it, "Now, with 50% less cyanide!"

Is says it right in the second section of the post:

> This statement has been published in accordance with the Modern Slavery Act 2015 (the “Act”). It sets out the steps taken by Flutter Entertainment plc and our subsidiaries during the year ending 31 March 2021 to prevent modern slavery and human trafficking in our business and supply chains.

Re: Flutter’s Modern Slavery Statement

#7

Wait, what?? Hold on a second. Why do they feel the need to say this? Some important piece of information is being omitted here. It's like if you bought a box of cereal and it said on it, "Now, with 50% less cyanide!"

> Why do they feel the need to say this?

It appears to be in fulfillment of an obligation under UK law—from the statement itself: This statement has been published in accordance with the Modern Slavery Act 2015

Re: Flutter’s Modern Slavery Statement

#8
post #2

For Flutter Entertainment plc, not to be confused by Flutter.io (Google's Cross-platform UI Toolkit).

For those unfamiliar with British colloquialisms, a flutter is "a small speculative venture or gamble." e.g. "I took a flutter on crypto and invested $100 in an NFT of a sunset."

Re: Flutter’s Modern Slavery Statement

#9

I don't mean to sounds cynical, but what is this really going to do besides signaling to investors how much they "care". If the company was a mine, or some other business with a large on the ground operation in places where modern slavery is a thing, then I could see a statement like this holding water. But you guys arent a mine, or a lumber factory, you provide online gambling services. I'm really struggling to see…

Digital exploitation is real and often forgotten about.

I have a friend in Ghana who was offered - by a UK company who are a Google Cloud partner - £1/hour to do work for them as a junior DevOps engineer.

Yes, £1/hour. Before he had to pay taxes.

Re: Flutter’s Modern Slavery Statement

#10

I don't mean to sounds cynical, but what is this really going to do besides signaling to investors how much they "care". If the company was a mine, or some other business with a large on the ground operation in places where modern slavery is a thing, then I could see a statement like this holding water. But you guys arent a mine, or a lumber factory, you provide online gambling services. I'm really struggling to see…

Statements like this are common on the websites of British companies. There are regulatory and reporting requirements related to the Modern Slavery Act 2015 [0] although I'm not sure of the precise details; something to do with auditing your supply chains maybe? As you've pointed out, it can be a bit farcical for companies in certain industries to make these kind of statements, but the law is what it is.

[0] https://en.wikipedia.org/wiki/Modern_Slavery_Act_2015

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