Despite the revenue decline, FanDuel still maintained a 38% share of the US sportsbook market by gross gaming revenue and remains the top company in the US by market share, according to Flutter. In ...
Because the contracts are structured as peer-to-peer trades, prediction market providers are regulated derivatives platforms ...
Shares of Flutter ( FLUT) fell 1.7% in premarket trading after shedding 14.3% on Thursday. The sports betting stock trades at its lowest level of the year.
Flutter Entertainment extends its partnership with Boyd Gaming and acquires a 100% stake in FanDuel for $1.755 billion. Flutter Entertainment has announced an extension of its strategic partnership ...
Flutter Entertainment, operator of US sports betting giant FanDuel, jumped to a record high in London trading after the company raised its full-year outlook and reported quarterly results that beat ...
The gambling and betting group behind the FanDuel, PokerStars and Paddy Power brands now expects full-year revenue of $16.69 billion, down from previous guidance of $17.26 billion. The company ...
Paddy Power and Betfair owner Flutter has hiked its earnings outlook after the group’s FanDuel-led US business helped drive a better-than-expected recent performance. The world’s largest online sports ...
Flutter Entertainment PLC (NYSE:FLUT) reported better-than-expected second-quarter financial results after market close Thursday. Flutter reported second-quarter revenue of $4.19 billion, up 16% ...