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Flutter Entertainment PLC (LSE:FLTR) and Entain PLC (LSE:ENT) have had underlying profit forecasts reduced by analysts due to an uptick in competition in US markets and several other headwinds. With
Flutter, the parent company of online betting platform FanDuel, reportedly saw a setback in its stock value Thursday (Nov. 9) after revealing disappointing third-quarter earnings.
Dublin-based Flutter has applied for its shares to list on the NYSE in its first quarter of fiscal 2024.
A disappointing earnings report sent shares of FanDuel parent Flutter falling, as it defends its first place position in the U.S. sports betting market.
The parent company of FanDuel plans to list in the U.S. early next year, as Flutter Entertainment shares slumped on a profit warning.
Shares in Flutter Entertainment PLC (LSE:FLTR) tumbled almost 10% to 12,390p, their lowest since February, after warnings that profits for the year are likely to be at the bottom of the expected ra
UK-based betting operator Flutter Entertainment was up 2.5%, following strong results overnight in the US from rival DraftKings. Shares in the sports and betting company soared after hours in the US
When Flutter Entertainment PLC (LSE:FLTR), the betting company, reports a third-quarter update on Thursday, November 9 it will likely be hoping to echo much of the good from rival Entain's results whi
Entain, the owner of Ladbrokes and Coral, as well as other gambling companies have experienced steep share price falls in the last few months, but analysts at Exane believe the “negative moves are m
September's return of the National Football League in America has driven an uptick in sports betting prompting Jefferies analysts to back the likes of Flutter Entertainment PLC (LSE:FLTR). Citing bett
Flutter Entertainment PLC (LSE:FLTR) shares were trading sideways - with the UK investors seemingly unaware of the bumper weekend of sports betting in the US. According to Jefferies, the online market
Flutter Entertainment PLC (LSE:FLTR), the betting operator, could be moving its primary listing to the US by mid-2024, analysts at Jefferies reckon, with the group's US sportsbook FanDuel already prof
Flutter Entertainment PLC (LSE:FLTR) has taken a 51% stake in MaxBet, Serbia's number two omni-channel sports betting and gaming operator. The owner of Betfair, FanDuel, Paddy Power is paying £123 m
Online gambling in the US continues to boom and with new players entering the industry all the time, analysts at Barclays believe that while the top two market leaders are unlikely to lose their spots
With the 2023 NFL season underway, sports bets are surging. In fact, according to the Associated Press, GeoComply Solutions — used to verify a customer's location — said it recorded 242.3 million
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