Aug 7 (Reuters) - Flutter Entertainment PLC FLTRE.I :
* H1 REVENUE +18% TO £1,020M
* H1 ONLINE REVENUE +8%, AUSTRALIA +16%, US +148%
* UNDERLYING EBITDA OF £196M - £21M REDUCTION ON H1 2018 AFTER AN INCREMENTAL £47M IN TAXES AND DUTIES
* EXCLUDING THESE TAXES AND DUTIES, GROUP UNDERLYING EBITDA GREW 15%
* EQUIVALENT NET DEBT TO EBITDA RATIO OF 0.8X
* FULL YEAR 2019 UNDERLYING EBITDA FOR GROUP (EXCLUDING US) EXPECTED TO BE BETWEEN £420M AND £440M
* IN US, CUSTOMER ACQUISITION INVESTMENT LIKELY TO LEAD TO AN EXPECTED EBITDA LOSS IN 2019 OF APPROXIMATELY £55M
* CEO SAYS CONFIDENT WE CAN MAKE FURTHER GOOD PROGRESS IN H2
* GREY MARKET SWITCH OFFS WILL REDUCE GROUP REVENUE BY APPROXIMATELY £14M THIS YEAR, £10M OF WHICH WILL BE IN SECOND HALF Further company coverage: FLTRE.I