FanDuel, Flutter Entertainment and NFL

FanDuel Parent Flutter Entertainment Cuts Outlook as Too Many NFL Favorites Won
Key Takeaways FanDuel parent Flutter Entertainment warned that its U.S. results will be lower than anticipated because too many NFL favorites won this season, giving customers better payouts.The online gambling company said the "customer friendly" wagering resulted in lowering full-year U.
Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
Flutter Entertainment shares are trading lower in Tuesday's after-hours session after the company cut near-term guidance due to a period of "very unfavorable" sports results.
FanDuel Owner Flutter Entertainment Takes $370 Million Hit as Result of Bettor-Friendly NFL Season
In Q3, US business represented approximately 38% of sales for Flutter Entertainment. Along with FanDuel, the company owns gaming brands Paddy Power, Betfair, TVG, and Sky Betting & Gaming.
Flutter cuts US guidance as NFL gamblers ride winning streak
Flutter Entertainment, the world's largest online betting company, said it expects 2024 earnings at its fast-growing US FanDuel brand to be sharply lower after American football gamblers enjoyed an unprecedented winning streak.
Flutter profits hit as US gamblers win big on NFL games
FanDuel and Paddy Power owner says results were most ‘customer friendly’ since launch of online sports betting
FanDuel Parent Warns: NFL Bettors Won Too Much
It looks like the House doesn’t always win. FanDuel parent Flutter Entertainment again lowered its estimates for 2024, citing the most customer-friendly NFL season “since the launch of online sports betting with the highest rate of favorites winning in nearly 20 years.
FanDuel Owner Flutter Cuts Guidance. Blame Sports Bettors Winning Big on the NFL.
Some of the National Football League’s strongest teams are having dominant seasons—and that’s helping sports bettors beat the house. FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday,
Flutter Entertainment rises Wednesday, outperforms market
Flutter Entertainment PLC FLTR shares inched up 0.39% to £206.10 Wednesday, on what proved to be an all-around positive ...
Detroit Lions Take A Bite Out Of Sportsbooks: Analyst Advises Patience After Flutter Cuts Guidance
The Detroit Lions and other NFL betting favorites hurt revenue and profits for sportsbooks. Here's what one analyst says ...
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Flutter issues US profit warning amid “very unfavourable” sports results
Flutter is likely to fall around $370 million short of US revenue expectations following “very unfavourable” sports results ...
Flutter Entertainment: Buy Rating Reaffirmed Despite Short-term Setbacks, Driven by Long-term Growth Potential
Flutter Entertainment PLC (FLTR – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday.
Gamblers’ NFL Success Prompts Flutter Entertainment to Cut U.S. Outlook
Flutter Entertainment lowered its full-year 2024 U.S. outlook citing unfavorable sports results from mid-November through all ...
NFL football outcomes clip earnings expectations at FanDuel and DraftKings
Bank of America warned that DraftKings ( NASDAQ: DKNG) is likely to have seen the same unfavorable NFL outcomes. Analyst ...
Buy Rating for Flutter Entertainment PLC: Overcoming Transient Setbacks with Strong Long-term Prospects
Flutter Entertainment PLC (FLTR – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday.
Flutter Entertainment plc (FLUT) Stock Forecasts
In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in ...