Tag: Peter Jackson
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 ...
Flutter surmounts disappointing March Madness, NBA results
8 May 2025 at 1:31pm UTC-4
“I’ve continued to be really pleased,” Flutter Entertainment CEO Peter Jackson said at the start of a 7 May first-quarter earnings call. He said he was unfazed by economic ...
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 ...
Flutter executives spar with analysts during earnings call
5 March 2025 at 4:41am UTC-5
Wall Street analysts pressed Flutter Entertainment’s top executives for specifics they couldn’t – or wouldn’t – give during an occasionally tense fourth quarter earnings ...
Flutter Entertainment swings loss to profit in fourth quarter
5 March 2025 at 4:28am UTC-5
Flutter Entertainment, the parent company of FanDuel, reversed a US$902 million loss in the fourth quarter of 2023 to a US$156 million profit a year later. The news was disclosed ...