Tag: Flutter Entertainment
Sports betting margins hit record heights, Jefferies analyst says
29 July 2025 at 11:42am UTC-4
“After several consecutive quarters of unfavorable sports results, [the second quarter] is on track to deliver a record sports margin outcome,” Jefferies Equity Research ...
FanDuel worth $31 billion, Jefferies analyst says
11 July 2025 at 12:31pm UTC-4
Boyd Gaming’s US$1.7 billion sale of its 5% stake in FanDuel implies a US$31 billion value for the online sports betting provider, according to Jefferies Equity Research analyst ...
Flutter a strong “buy,” Jefferies analyst notes
8 July 2025 at 12:58pm UTC-4
Jefferies Equity Research analyst James Wheatcroft put a Wall Street-high US$380-per-share price target on Flutter Entertainment stock in a 7 July investor note.
“We see a ...
FanDuel user fee not likely to spread past Illinois, Jefferies analyst says
10 June 2025 at 1:42pm UTC-4
Flutter Entertainment has announced it will levy a US$0.50 surcharge, or “transaction fee,” on all bets placed online in the state of Illinois, pursuant to state's institution ...
Flutter acquires stake in Brazilian NSX Group
15 May 2025 at 9:17pm UTC-4
Flutter Entertainment has announced the acquisition of a 56% stake in Brazilian gambling operator NSX Group.
Flutter paid approximately US$350 million for its share in the ...
DraftKings and FanDuel Baltimore lawsuit removed to federal court
15 May 2025 at 9:03pm UTC-4
A lawsuit filed by city of Baltimore officials against DraftKings and FanDuel has been removed to Maryland federal court after the operators filed for a Notice of Removal on 7 May ...
Playtech reports 4.9% revenue rise to €1.79 billion
8 May 2025 at 6:26am UTC-4
Playtech has reported revenue of €1.79 billion in 2024, a rise of a 4.9% from €1.71 billion in 2023.
However, the figures also showed that the rate of revenue growth had ...
Flutter swings from loss to profit
8 May 2025 at 5:21am UTC-4
FanDuel parent Flutter Entertainment has reported a profit of US$335 million in the first quarter of 2025. This reversed a US$117 million loss a year earlier.
The company ...
DraftKings and FanDuel sued by Baltimore officials for exploiting bettors
7 April 2025 at 6:38am UTC-4
The City of Baltimore, in Maryland, has sued DraftKings and Flutter Entertainment, which owns FanDuel, for breaking Baltimore laws by exploiting vulnerable bettors.
The lawsuit ...
