We see Flutter's financial health as sound. Debt/adjusted EBITDA stood at 4.0 times in 2023. We see this as manageable, given that the company has no meaningful debt due until 2028, when $1.9 billion ...
The Detroit Lions and other NFL betting favorites hurt revenue and profits for sportsbooks. Here's what one analyst says ...
The sell-off in the bond market came as traders factor in fewer interest rate cuts in 2025 due to sticky inflation. This prompted yields on the UK 10-year gilt to hit 4.80%, a 15-year high.
Flutter Entertainment PLC FLTR shares inched up 0.39% to £206.10 Wednesday, on what proved to be an all-around positive ...
FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday, blaming gamblers who won big by ...
Flutter Entertainment Plc warned that its U.S. results will be lower than anticipated because too many NFL favorites won this ...
Wall Street pointed modestly lower Wednesday as markets remain anxious about lingering inflation and the potential for fewer ...
Wall Street is drifting lower in early trading a day after strong reports on the economy stirred up worries that inflation ...
Flutter Entertainment has warned of a revenue shortfall for its US operations, citing unfavorable NFL betting results during ...
Wall Street pointed modestly lower Wednesday as markets remain anxious about lingering inflation and the potential for fewer ...
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.
Bank of America warned that DraftKings ( NASDAQ: DKNG) is likely to have seen the same unfavorable NFL outcomes. Analyst ...